The Korean Accelerator Association (KAC) is a significant entity in South Korea's startup ecosystem. It serves as a hub for collaboration and support among accelerators, startups, and investment institutions in the country. The association focuses on fostering a robust startup infrastructure, providing essential resources and networking opportunities to facilitate growth and innovation in the startup sector. KAC's commitment to nurturing early-stage startups and connecting them with potential investors is a critical aspect of its mission to strengthen Korea's position in the global startup landscape.

For more detailed information about the Korean Accelerator Association, you can visit their website here.

The Korean Accelerator Association turned to Umoh twice in December for two significant events: the Global IR Demo Day and the Early Stage Startup Investors Summit. Umoh played a vital role in supporting the burgeoning startup infrastructure and in facilitating information sharing among early-stage accelerators and investment institutions.

How Was Umoh Utilized?

💡 At the Global IR Demo Day held on December 13th, cards were categorized into 1) investors, 2) startup representatives, and 3) Korean Accelerator Association officials. This categorization made participant distinction much clearer.

📢 During this event, startups filled their profile cards with desired countries for expansion and consultation requests, enabling ACs, VCs, and organizers to easily access information and initiate networking.

🖋️ The Community Board saw extensive use at the 2023 Early Stage Startup Investors Summit held on December 18th and 19th. Not only were day counts till the event announced, but satisfaction surveys were also conducted via the Community Board.

Key Achievements

👀 Around 120 profile cards were registered for the Early Stage Startup Investors Summit, with a staggering 3,500 cumulative views, averaging 30 visits per participant.

🙌🏻 The event witnessed about 50 networking requests and messages, predominantly from startup representatives reaching out to ACs or VCs.

❤️ There were around 350 social link clicks and 700 reactions, a performance four to five times higher than other events.

The repeated use of Umoh by the Korean Accelerator Association demonstrates its effectiveness in enhancing networking and information exchange, particularly in the dynamic startup ecosystem.