South Korea facilitates angel investment in geospatial industry

South Korea facilitates angel investment in geospatial industry

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Korea: The government of South Korea is planning to link up angel investors with entrepreneurs and startup ventures related to geospatial information domain.

The Ministry of Land, Infrastructure and Transport has decided to organise the first “Spatial Information Angel Investment Inducement, Education & Mentoring” event on August 25 to assist future start-ups and spatial information ventures secure early stage funding.

Most start-ups in the industry feel financially strapped due to the lack of strategies and networks. The event will offer angel investing related lectures, consulting and mentoring sessions and seeks to facilitate more start-ups to win investment.

Source: Korea Bizwire