- Five winners of business-planning project exhibition hold exhibition towards thirteen Angel Investors.
Venture capital firm and industry investors are investing for themselves on the Green Growth Project of KAIST, which strives for solutions of global issues, such as; energy depletion, environment pollution and sustainable development.
KAIST awarded the winner of "EEWS business-planning exhibition competition" and held investment demonstration exhibition. The exhibition is opened by the winners of the competition and held towards the firms and inventors encouraging capital on green business project and green technologies.
The venture capital firms that participated in this exhibition were; Coolidge Corner Investment, Dae-Duk Investment Corp, KPM, Locus Capital Partners and Bo-Gwang Investment.
The industry investors that participated were: Samsung C&T Corp, Cheil Industry, Dasan Networks, Hanhwa L&C, thirteen companies in total.
The goal of EEWS Exhibition is to encourage the commercialization of research and development. It was co-hosted by DFJ Athena LLC and Ilshin ventures. The competition was divided into business planning section and business technology section.
Grand prize on green growth went to Professor Joong-Myeon Bae who suggested "Eco-friendly hydrogen fuel cells", runner-up prize went to "Real-time measuring of NOx on Eco-friendly diesels" by Jin-Su Park, the technology director of CIOS.
Grand prize of green technology went to "Highly-refractive, heat resisting hybrimer LED sack’ by Byung-Su Bae, professor of new material engineering, participation award went to ‘ITO-Free touch screen for smart phone’ by Min-yang Yang, professor of the department of Mechanical Engineering.
A representative of KAIST said those of the firms and investors who have gone through commercialization showed interest on the creativity and the high level of the product.
Jae-Kyu Lee, the head of EEWS who supervised the whole exhibition mentioned that, "EEWS Planning Group is consistently going to come up with innovative results” and that “Angel Investors showed enthusiasm. The representatives of Venture capital firm even considered participating as the jury of the competition in the future.”
[Definition]
EEWS stands for Energy depletion, Environment pollution, Water shortages and Sustainability, a project for the solution of such global issues promoted by KAIST.
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