By Daniel Hunter
The Digital Catapult, a national centre to rapidly advance the UK’s best digital ideas, has announced a partnership with the Gyeonggi Center for Creative Economy & Innovation (G-CCEI) in South Korea to boost investment and links between the two countries small and medium-sized enterprises (SMEs).
Working with G-CCEI, the Digital Catapult will give UK SMEs access to the mentoring capabilities of G-CCEI and an opportunity to work with partners and testbeds in South Korea. By working together to connect SMEs with temporary workspaces, business training and mentoring programs the partnership will help accelerate small businesses in the region.
As digital SMEs and innovators start operating on a more global scale sharing resources and best practices globally is and will continue to become increasingly important. Korea is one of the most advanced nations in terms of technology innovation and this partnership will bring together the technology and creative sectors in respective countries, in a bid to accelerate the growth of data innovation and digital startups.
“We believe that working with G-CCEI will allow us to further support, accelerate and deliver additional economic value for UK SMEs — particularly around the challenges they face with the Internet of Things” said Neil Crockett, CEO of the Digital Catapult.
“We have been impressed with the rapid progress of G-CCEI and are confident that this partnership will give UK SMEs the access they need to new partners, likeminded SMEs and potentially testbeds in South Korea.”
Lim Deok Rae, CEO of G-CCEI, said: “We are delighted the Digital Catapult is working with us to give Korean SMEs the support they need in an increasingly competitive start-up market.
"Moving forward our partnership with Digital Catapult will help guide Korean and UK startups as they look to expand their business into new regions and territories.”