Hansol Group Shows Tangible Results in Startup Development... Accelerates Discovery and Support

53:1 Competition Rate, Total of 4 Companies Selected... "Reflects Commitment to New Business"

Winners of the 1st cohort of the startup incubation program 'Hansol V-Frontiers,' conducted by Hansol Group and Bluepoint Partners.
[Photo by Hansol Holdings]

[Asia Economy Reporter Lee Junhyung] Hansol Group announced on the 2nd that it successfully completed the first cohort of the program 'Hansol V-Frontiers,' which discovers and supports innovative startups in collaboration with Bluepoint Partners, a technology startup-focused accelerator, thereby visualizing the achievements of startup cultivation.

Since May last year, Hansol Group and Bluepoint Partners recruited participating startups in fields such as logistics tech and IT solutions through this program, receiving applications from a total of about 210 teams. 'Hansol V-Frontiers' selected four promising startups from among them and supported them with close mentoring and opportunities to connect with investors over a total of six months. Business development and infrastructure collaboration opportunities with Hansol Group affiliates were also provided.

On November 25th last year, when the program ended, the final demo day was held at KDB Next Round. Considering the COVID-19 situation, the demo day was conducted online, with many investors and stakeholders attending.

Kim Yonggeon, Vice President of Bluepoint Partners, said, "It was a meaningful time discovering the potential of innovative startups for about a year from the planning of the program," adding, "We are pleased that the first cohort of startup teams, selected through a competition ratio of 53 to 1, achieved good results."

A Hansol Group official said, "This program reflects Hansol Group's commitment to new business areas," and added, "We hope many startups will show interest and participate in the second cohort starting in March."

This content was produced with the assistance of AI translation services.