Empowering innovative ICT SMEs and AI-driven startups for global growth 2023-01-16 By NIPA expands the support framework for AI-driven SMEs and startups to foster a global startup ecosystem, enhance international growth, and boost exports. NIPA supports the growth and global expansion of ICT SMEs and AI-driven startups through its strategy: Beyond market entry, beyond export, towards global impact. Major Activities (Out-Bound) Scaling startups through accelerator-driven growth programs Nurturing prospective startups based on the stage of growth. Facilitating the growth of startups supported by NIPA through partnerships with VCs (venture capital firms). Facilitating startups’ engagement in global competitions and demo days through accelerator support. (In-Bound) Attracting Korean AI talent and promoting the commercialization of technology in Korea. Bring in promising startups from overseas and provide exceptional support for them to establish in Asia. (Global market Expansion) Supporting the growth, advanced development (e.g., PoC), and market entry (marketing) of AI and ICT companies through Market Development and Export Promotion Delegations. Supporting AI-driven SMEs and startups with local network building, localized PoC implementation, and exhibition/marketing activities in major markets including Japan, China, ASEAN, and the U.S.