Hannam University

June 26, 2024 by Leave a Comment
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Hannam University Launches Full-fledged Operation of the LINC 3.0 Global Platform

Aiming for Globalization of K-Startups

 Signing of an MOU with a Malaysian University and Chamber of Commerce
Hannam University’s LINC3.0 Business Unit signed a LOI with UMS University in East Malaysia in July 2023, and then visited Kota Kinabalu, Sabah in December of the same year to sign an MOU with UMS University and the Sabah Chamber of Commerce.

Promoting Industry-Academia Talent Training
In February this year, UMS University’s students and faculty visited Hannam University and successfully promoted industry-academia talent training such as visiting local innovation organizations, the exchange of young bunker in the Deodeok-gu Office, and Capscon Design, an idea for solving social problems.

Signing of MOUs with many Korea-based Bodies
Hosted by the LINC3.0 Business Unit of Hannam University, 15 persons – from the chairman, to the member companies of SABAH Chamber of Commerce, UMS University, and MATRADE (Trade and Investment Center in the Malaysian Embassy in Korea), visited Hannam University from May 28 to June 1 to conduct overseas marketing strategy training for global employees; MOU and business networking with the Daejeon Chamber of Commerce; MOU and trade exchange meeting with the Research Institute Enterprise Association; and an MOU signing with Mayor Domakun, and a local small-business product exhibition.

Malaysia: Korea’s important trading partner and bridgehead into Southeast Asia
As of March 2024, Korea’s exports to Malaysia amounted to US$800 million, and imports amounted to US$1 billion, making the country Korea’s 13th-largest trading partner in terms of exports. Thus, Malaysia is serving as a bridgehead for advancing further into Southeast Asia (Source: KOTRA’s trade statistics).
Malaysians use both Malay and English as their official languages, and Sabah is an Islamic state located on the island of Borneo. Its constitution recognizes freedom of religion (Christianity and Catholicism account for about 30%), and it has abundant natural resources (timber, crude oil, natural gas, minerals, etc.) and a well-developed tourism industry. The Sabah Chamber of Commerce in Malaysia was established in 2003 and currently has over 1,400 members in Sabah.
Director Won Gu-hwan of the LINC3.0 Business Unit at Hannam University explained, “We hope that the business agreement and networking program promoted during the period will not be a one-off event, but wil continue to promote cooperative projects so that Daejeon and Sabah can develop together as cooperative partners.”
Moreover, the LINC3.0 Business Unit at Hannam University expressed its ambition to provide maximum support within the possible scope so that the companies located in Daejeon and the Sabah Chamber of Commerce can interact smoothly.

The Aim of Hannam University’s LINC 3.0 Business Unit
The Unit aims to grow into a body that accelerates the industry-academia research cooperation by fostering creative talents needed by future industries, forming a symbiosis and cooperation of industry-academia research, and a business operation based on platforms and specialization for the advancement of regional industries.


 
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IFEZA Planning to Systematize and Advance the Industrial Ecosystem in IFEZ, Focusing on the Bio& Healthcare Fields

March 26, 2024 by Leave a Comment
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Incheon Free Economic Zone Authority (IFEZA) recently announced that it will carry out a project to systematize and advance the innovative growth industrial ecosystem of Incheon Free Economic Zone (IFEZ), focusing on the bio and healthcare sectors.

This project, which is being promoted in cooperation with the Bio Center of Incheon Technopark (ITP), includes the establishment of a status analysis database within the IFEZ; setting up a collaboration network and council among resident companies; support for special regulations; support for technology commercialization; support for investment attraction capacity enhancement; support for participation in exhibitions to attract investment and promote companies; and operational support (satisfaction survey for supported companies), etc.

IFEZA and ITP will build a foundation including front and rear bio healthcare industries such as new bio drugs (vaccines), innovative new drugs, smart healthcare, new technology medical devices, and bio materials/parts/equipment. And the two bodies plan to actively support bio-healthcare-based front and rear ventures and foster startups entering the global market.
A spokesperson for ITP, explained “We plan to contribute to the strengthening of corporate business capabilities and the development of a new global bio-health industry base — through technical support for the bio and healthcare industries; comprehensive package support for global expansion; demand survey for technical difficulties; specialized consulting; and exhibition participation support.”
IFEZA’s Commissioner Yun Won-sok elaborated further, “This year’s innovation ecosystem creation project is expected to be of great help in establishing an innovation ecosystem centered on IFEZ’s core strategic industries. We will actively strive to support innovation clusters, such as establishing industry-academia research networks between local innovation organizations and resident companies, and strengthen corporate business capabilities — in order to create an innovation ecosystem of the future.”

The project will run for 10 months from this month to the end of this year, and in this regard IFEZA announced that it recently held the ‘2024 IFEZ Innovation Ecosystem Creation Project Launching Report Meeting’ at G Tower in Incheon’s Songdo International City.

 
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GBCPRIME, Trilateral (Buyer – Govt. Agency – Seller) B2B Online Trading Platform

September 27, 2022 by Leave a Comment

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GBCPRIME is a B2B online trading platform representing Gyeonggi Province, the largest local government in the Republic of Korea. What makes GBCPRIME different from other online platforms is that local trade experts, called GBCs (Gyeonggi Business Centers), arrange secure trade deals between buyers and sellers. GBCs act as a broker for transactions between the two entities, but they do not collect any brokerage fees for matching buyers and sellers with each other.

GBCs are the overseas offices in 10 countries affiliated with the Gyeonggi Provincial government, introducing excellent Korean products to overseas buyers and assisting them to sign trade deals with Korean companies so that both parties can import and sell products without any problems. If you click on the ‘GBC’ column in GBCPRIME, you can check the Korean companies and products managed by each GBC. The product of the company managed by GBC is labeled ‘GBC PICK,’ which means not only exceptional products but also highly reliable companies approved by GBC.

There are about 1,300 products in GBCPRIME with 10 fields, ranging from consumer goods to beauty products, as well as industrial goods, electricity and electronics, and bio products. Various other excellent products will also be added continuously very soon. At the bottom of the platform main page, there are ‘BEST PRODUCT,’ and ‘BEST COMPANY’ spaces, which are changed every month to include products and companies that are performing excellently.

Buyers need not sign up to use this platform, and if they are curious about GBC or the specifications of the registered products, they can just leave an inquiry. The inquiries will be automatically forwarded to GBCs, and they will either provide an answer to the buyers’ queries or arrange a meeting between buyer and seller.

In addition, we hold regular Online Exhibition & Consultation sessions (GPS, GBC Product Show) in GBCPRIME. Products are displayed online via the GPS column 10 days before the main event, and buyers can submit inquires if they find items they are interested in. Then, GBCs will check the buyer’s request and arrange an online meeting during the event. We are currently holding exhibitions for all categories, but we plan to diversify the exhibition topics to GBC-based regions or specific item groups tailored to buyer needs. If buyers wish to participate in the events regularly when GPS of interested items are held, buyers need ask the GBCs to register them only once, and they will then confirm the buyer’s intention to participate whenever the same kind of exhibition is held later. In the future, a logistics & payment system will be added to GBCPRIME so that B2B transactions can proceed one-stop within the platform.

Gyeonggi Province is Korea’s largest local government with 14 million people and has the largest number of companies, from traditional enterprises to high-tech industries. Therefore, buyers are advised to browse through the broad range of excellent products of various Korean companies available via GBCPRIME, and continue with the transaction safely and free of charge through GBC.


 
 
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