From Nov 30th to Dec 2nd 2017, SBC China’s Digital Health Chengdu team and its alumni were invited to participate in the Korea Startup Festival in Seoul. The team was represented with 7 startups, SBC China COO, Cindy Feng, and Digital Health Chengdu Program Director, Erik Ackner. Both moderated 3 panel discussions, were judges at the pitch competition and joined numerous 1:1 meetings with local and global startups.
The Korea Startup Festival is one of Asia’s largest startup conferences ever. Around 70 speakers, 49 Media, 45 VCs and 500 startups from around the world joined the event and made it a great experience for everyone. The Korean president, Moon Jae-in, was the Guest of Honor and delivered a keynote speech!
Cindy Feng shared SBC China’s positioning and value proposition in the panel on “How to get your startup accepted into Accelerator Programs?”. She described SBC China as a Launchpad for international startups into the Chinese market and Chinese startups to the world. A Korean startup called LITTLEONE joined our Digital Health Chengdu accelerator this year because they had a strong interest to expand their business to China. LITTLEONE gained a large number of valuable resources and connections with Chinese VCs and corporations. Their business model and product design were also improved and optimized for the Chinese market.
Eric Luellen, CEO and Co-founder of Bioinformatix, also shared his unforgettable experience in Seoul. “We had four excellent meetings with new prospective partners in a day, conducted a pair of media interviews, and gained great exposure by being the main stage speaker for 20 minutes on the role of AI in digital health.”
The 7 participating SBC Digital Health Chengdu Startups were:
- Aptacam (Hong Kong)
- Bioinformatix (USA)
- Biosensorix (Singapore)
- Drop (Peru)
- LITTLEONE (South Korea)
- Oxilight (Canada)
- Ziibot (China)
Erik sums it up with, “The Startup Festival provided a great platform to interview and invite startups to join the upcoming SBC China programs in 2018; it helped us tighten connections with the local and global startup community and share insights on new innovations and technologies. Our startups enjoyed the exposure and meetings in Korea that generated many promising leads. We are happy to support the event and look forward to joining again in 2018!”