- Mid-term evaluation of participating companies and selection of outstanding firms… Additional commercialization funding support –

Incheon Metropolitan City (Mayor Yoo Jeong-bok) and the Incheon Creative Economy Innovation Center (Director Lee Han-seop) announced the successful hosting of a demo day event on September 24 at Songdo Convensia for the mid-term evaluation of companies participating in the ‘Youth Overseas Expansion Base Support Project’ (hereinafter referred to as the Youth Expansion Base Project).

The Youth Overseas Expansion Base Support Project is an annual program that discovers and nurtures young entrepreneurs to support the overseas expansion of youth entrepreneurs with outstanding capabilities. This year, 25 young entrepreneurs were selected.

Notably, this ‘Youth Overseas Expansion Base Support Project Demo Day’ was held as part of 「SURF 2025 INCHEON」, with 15 participating companies presenting their mid-term evaluations through Investor Relations (IR) pitches. Through this process, four outstanding companies will be selected to receive additional commercialization funding as a follow-up benefit.

Furthermore, at the Global Zone exhibition booths operated at the venue, 19 Cheongjingi participating companies and two overseas institutions conducted corporate promotions. This provided an opportunity to significantly strengthen domestic and international networking and investment capabilities.

Shim Soon-ok, head of the Startup and Venture Division, stated, “This mid-term review demo day was a meaningful occasion for Cheongjin-gi companies to confirm their global market competitiveness and assess their readiness for overseas expansion,” adding, “We will continue to actively support young entrepreneurs in making the leap overseas.”