Starting this year, Kyobo Life will be offering a startup leap forward package along with the Innostage Program.
Jeong Kyo-sik, head of Kyobo Life Insurance's team, said, “We are working on a startup package to secure a pool of startups from various external agencies and establish joint programs and long-term collaboration models based on business requirements.” The Startup Leap Forward Package supports a total of 23 companies up to 300 million won per company. Kyobo Life has tips in April of this year (TIPS, It was also selected for private investment support type technology start-up support).
Kyobo Life will focus on finding innovative companies suitable for its ecosystem this year. The plan is to build a unique investment and collaboration ecosystem unique to Kyobo by strengthening open innovation capabilities.
To this end, we collaborated with data company Antock to provide keywords based on insurance value chains InsureTech The plan is to improve collaboration efficiency by creating a startup map and finding excellent companies that can create synergy with Kyobo Life. Team leader Chung “We collaborated with Antock to select 204 companies that can collaborate”It was stated.
Kyobo Life is also implementing a reverse speech strategy to suggest problems they want to solve to startups. To this end, they expand contacts by holding Kyobo Reverse Speech Day with the in-house business department.
Team leader Chung said, “Through reverse speech, we will teach startups in detail and specifically about the problems they want to solve, so that they can participate in the program with deep concerns about solutions.”
Kyobo Life started an open innovation project in 2019. Until last year, we have invested in 16 companies and are collaborating with 33 companies.
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