Find XO: Expand into Chengdu, China through the Golden Panda Competition (venturesquare.net)
Writing language: Korean Read in the original language
Summary / Read source ↗
- The Incheon Creative Economy Innovation Center has been in charge of the Korean preliminaries for the Golden Panda Global Innovation Startup Competition in Chengdu, China for three years, and this year it is combining it with the Korea-China-Singapore AI Startup Competition to gather participating companies.
- The total prize money is 330 million KRW, and it includes a 500㎡ startup space and local investment connections.
- It is an opportunity to cheaply test hypotheses for entering the Chinese market, but without a business model tailored to local demand and an intellectual property strategy, companies may only face the burden of technology transfer.