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KUBS News
Backed by a support from KUBS (Dean Jaewook Kim), jointly hosted by Startup Research Center (President Heecheon Kim), the 2019 fall CHOO CHOO Day event was held in D. CAMP Gangnam, on November 15th (Fri). CHOO CHOO Day is a year-end ceremony where the KUBS startup CEOs present their final project pitches and developments that have been proceeded for a year. At this year’s event, 146 attendees including the investors, startup relations, and the potential business developers showed up with their great interest in KUBS startups.
At the beginning, Jeongbin Moon, the head of Il-Jin Startup Center, made an opening remark: “I am honored to see you all, and I would like to say thanks to all for the attendance despite the bad weather condition outside. We are so proud to host this event at D. CAMP, the building that owns a living history of South Korean startup industry. Please enjoy, and kindly keep your heart opened toward the KUBS startups.”
Next, the event continued with an open-mike session by Jeongmin Oh, the CEO of Hidden Track (4th Class of CHOO CHOO). The CEO stated, “I understand that undergraduate students who are eager to running startups would be having a hard experience taking academic studies on the other hand at the same time. As you all have put your substantial effort, I cannot conceal the fact that my expectation level is very high. However, please do not be too stressed with today’s outcome.”
The 7 listed startups in CHOO CHOO 2019 were highly competitive: △”Delivery Lab”, the online grocery platform which eases consumers’ price comparison, △”Bolt and Nut”, a service platform for manufacturing companies, △”ICO”, an on/offline class intermediation agent targeting the students in abroad, △”Young-Gam Company”, a chatbot developer, △”HCLab”, IoT-based healthcare service company which mainly cares the chronic back pains, △”Cheonmyeong and Company”, an online reservation service provider, △”Cosmetheus”, a consulting firm that provides a broad ranged analysis in online trending data. Each company presented their annual growth profile through various communication channels such as public speech, Q&A session and marketing booth opening. Opened during 5 to 8PM, the event attracted a lot of visitors even after the end of the team presentation session.
KUBS Startup Research Center, the host of CHOO CHOO Day, is the first startup institutor established in domestic colleges. It operates a semester-based startup programs to discover and support the potential CEOs in campus. The startup competition, “Startup Express” seeks for a new company that needs a financial aid for its early growth. To achieve the final ticket for the selection, a startup team should go through a ten-to-one competition stepping a process of business summary assessment and interview session.
Overall, numerous high-profile corporates have been sponsoring KUBS startups with their solid maintenance of MOU relationships. Representative firms are followed: Kim and Chang, Samil PWC, Amazon Web Service, Y Crowd Funding.