More than 200 hundred people gathered at Yello Mobile for the launch of the French Tech Hub Seoul ! Jean-Marc Ayrault, the French Minister of Foreign Affairs and International Development, Fabien Penone, Ambassador of France to Korea, Yoo Tae-yong, Korean Deputy Minister of Cultural Content Industry, and Woo Tae-hee, Vice Minister of Trade, Industry and Energy were present at the event to inaugurate the hub. French companies like Arkamys, Asiance and Solidware were present to testify about the numerous opportunities that French entrepreneurs can find in Korea. The event was part of the celebration of the 130th anniversary of diplomatic ties between France and Korea.
The French Tech Hub Seoul aims to bring together actors of French and Korean startup ecosystems in order to create a dynamic community that encourages exchanges and promote the development of French and Korean startups. The French Tech Hub Seoul will accompany startups and innovative companies of the two countries in their development on the market of the partner country.
The French Tech Hub Seoul is not an incubator, nor a program. It is an actual community where the French and Korean players of the startup ecosystem can exchange information, build partnership and even create business!
The goal of the initiative is to create a single window for international partnership to connect the two startup ecosystems.
The French Tech Hub is a free, open and non-binding community.
Where are we at ?
As of december 2016, the hub counts 28 partners. Among them are large French companies (AXA, Criteo...), Korean conglomerates (Samsung Electronics, SK Networks, Naver...), and incubators (D. Camp, TIPS Town...).
By the time we structured our action, a few months have passed and we are happy of what has been achieved so far. Besides the regular afterworks meetings and official visits, we organized milestone events:
This year has seen the signature of several partnerships between French incubators and Korean incubators: Euratechnologies Lille/ Kised, Creative Valley/ Kised, Creative Valley/ SBC, Ecole 42/SBC, Paris&Co/Kised; Euratechnologies Lille/Daegu-Samsung CCEI and Digital Grenoble/ Daegu-Samsung CCEI.
In the last quarter of 2016, we set up a start-up exchange between France and Korea: 3 Korean start-ups visited France for 3 months to test their solutions and assess its potential on the French Market. They benefited from tailored programs from Euratechnologies (Lille) and Paris&Co. Symetrically, 3 French start-ups benefited from an acceleration program in one of the largest Korean incubator: TIPS Town.
… and since January 2017, Jonathan has joined the French Tech Hub Seoul on a full-time basis !