{"id":1707,"date":"2022-01-12T14:01:11","date_gmt":"2022-01-12T05:01:11","guid":{"rendered":"https:\/\/blog.testworks.co.kr\/en\/?p=1707"},"modified":"2022-02-17T18:24:43","modified_gmt":"2022-02-17T09:24:43","slug":"2021-ksc-program-sweden","status":"publish","type":"post","link":"https:\/\/blog.aiworkx.ai\/en\/2021-ksc-program-sweden\/","title":{"rendered":"KSC program"},"content":{"rendered":"\n
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Yashashree Jadhav, Yujin Suh | Global Tech Sales<\/strong><\/p>\n\n\n\n

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Why Sweden and KSC?<\/strong><\/h4>\n\n\n\n

A lot of AI startups have begun to put down roots in Europe, as the AI industry continues to grow significantly over the last few years. This has led to an increase in investment in startup. Many Swedish unicorn startups, including Skype, Sportify, are attracting worldwide attention and support for startups is increasing, accordingly. In fact, Sweden was ranked as EU\u2019s most innovative nation in 2019 (European Commission, 2019). So, Sweden is expected to be a perfect destination for to expand business combined with our Artificial Intelligence based technology.<\/p>\n\n\n\n

The Korean Startup Center (KSC) was setup in 2020 in an effort to create a support platform for Korean businesses in their steps towards global expansion. Their services include support in creating overseas branches, operating programs to help Startups and providing an inside perspective of global industry ecosystems.<\/p>\n\n\n\n

In 2021, the KSC program was operated in seven countries namely, Stockholm (Sweden), Helsinki (Finland), Israel, New Delhi (India), New York (USA), Paris (France) and Singapore.<\/p>\n\n\n\n

Testworks was selected as part of the cohort to explore the Swedish startup ecosystem and find opportunities to scale globally, starting with the Nordics. This selection to the top 10 startups (10 startups to each of the 7 destinations) came after four screening processes, including rigorous 1:1 interviews and pre-program evaluation. KISED also provided substantial support for these promising Korean startups.<\/p>\n\n\n\n

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Pre-week + Jeju KPI Workshop<\/strong><\/h4>\n\n\n\n

Pre-week, there was a program to understand cultural differences between Korea and Sweden as well as matchmaking with Swedish companies and coaching about business meetings from professional experts.<\/p>\n\n\n\n

Through online meetings with Epicenter, all the participants discussed potential business models and collaboration opportunities in Sweden.<\/p>\n\n\n\n

The Jeju KPI workshop was a 3-day program mainly for setting objectives for the KSC program with accelerators from Epicenter Stockholm. The 10 companies who were finally selected, set KPI (Key Performance Indicator) focused on generating actual profits, from a macro perspective, and mapped out OKR (Objectives and Key Results), an indicator that can identify the process of goal designation and goal achievements<\/p>\n\n\n\n

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Jeju KPI workshop<\/strong><\/figcaption><\/figure><\/div>\n\n\n\n

Overall, this provided an opportunity to learn a lot about Swedish culture and prepare a to-do list before visiting Sweden.<\/p>\n\n\n\n

Testworks prioritized services and competitiveness to make it look more appealing to potential clients and partners, and organized the goals to be achieved locally, considering its importance.<\/p>\n\n\n\n

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