InfoBank announced on the 24th that it successfully held the opening ceremony for the "Hongneung Small Business Innovation Campus 2025 GRaND-K Startup School (Hongneung Small Business Innovation Campus Startup School)."
It is a customized growth program in an audition format for preliminary and early-stage entrepreneurs. Teams are selected based on technical viability, market potential, and innovation, and systematic support is provided for all stages of growth through practical startup education, venture capital mentoring, business model and investor relations consulting, and investment institution-linked demo days.
The Korea Institute of Science and Technology (KIST) oversees it, with InfoBank co-managing it. The Hongneung Small Business Innovation Campus Startup School selected 40 preliminary entrepreneurs and early-stage startups in the advanced technology sectors, such as bio and healthcare, in April. These startups are pursuing commercialization and growth through various supports such as startup education, investment linkage, TIPS recommendations, and acceleration programs.
Hong Jong-cheol, head of the investment division at InfoBank, said, "The Hongneung Small Business Innovation Campus Startup School is a leading deep tech innovation platform in Korea that supports the challenges and growth of entrepreneurs," adding, "We will actively support participants to grow into next-generation technology companies that can lead the global market, based on InfoBank's accumulated know-how in acceleration operations and expanded network over the years."
InfoBank is a solution corporation that provides AI-based messaging and autonomous driving services. Through its investment division, "iExcel," it engages in startup investment, acceleration, and fund management businesses.
Oh Sang-rok, president of the Korea Institute of Science and Technology (KIST), said, "We will concentrate all our efforts to ensure that innovative entrepreneurs with cutting-edge technologies and ideas can grow into deep tech corporations leading the global market."