Events

Workshop on Tech Start-Ups Support Program in Asia

09 April 2019 to 12 April 2019
Seoul
Republic of Korea

Technological developments are opening vast opportunities for people to connect, trade, and access services that are currently not available. Technological change drives economic growth and improves standards of living. However, there are also concerns that many jobs are at risk because of the growing sophistication in robotics and artificial intelligence. The challenge for Asia and the Pacific is to capitalize on the opportunities that technology brings while preparing for and mitigating the risks.

ADB’s developing member countries (DMC) are attaining middle-income country (MIC) status, but often face challenges in progressing into high-income status. To continue progressing in its development path, the digital economy is poised to be the new driver of development.

Traditionally, ADB’s support for job creation has mainly focused on the financing for Small Medium Size Enterprises (SME), but this approach will not be enough in the knowledge economy where technical skills are more important to compete in the market. The development community, including ADB, should take a more a holistic approach to cover broader aspects of the business ecosystem, including regulatory sandboxing, skills development, academia-industry collaboration, and incubation, among others in addition to financing programs.

In this context, ADB initiated a capacity development program to help its DMCs develop an enabling environment for the digital economy focusing on the technology-oriented start-ups (“Tech Start-ups”), in partnership with a variety of public and private partners. The main objective of the program is to share knowledge and experience and to discuss potential bilateral or multilateral partnerships on the Tech Start-up support programs among participating countries.

To start the capacity development program, ADB organized a joint workshop on “Tech Start-ups Support Program in Asia and the Pacific” on 9–12 April 2019 in Seoul, South Korea. 
Program and Learning Materials: 
Date Session / Activity Presentation Material Speaker(s)
09 Apr 2019 Opening and Welcoming Remarks Young Seung Chang and Thomas Abell
09 Apr 2019 Workshop Overview
09 Apr 2019 Session 1: Ecosystem for Tech Start-Ups Five Reasons Why the Korean Start-Up is Booming
Korean startup ecosystem is thriving. One of the main reasons is certainly the strong support from the government. Check out this material to...
Jungwook Lim
09 Apr 2019 Session 1: Ecosystem for Tech Start-Ups Lessons from Silicon Valley Start-Up Environment
Cloud computing, fintech, eCommerce, and other key technologies are driving economic growth and opportunities. This presentation shares how ...
Thomas Abell
09 Apr 2019 Session 1: Ecosystem for Tech Start-Ups Amazon Web Services: Start-Up Innovation
Amazon Web Services has enabled on-demand delivery of computing power, database storage, and other IT services with pay-as-you-go pricing. Check...
Sam Harris
09 Apr 2019 Session 2: Government Policies and Programs Start-Up Policy - Seoul Metropolitan Government
Start-ups in Seoul Metropolitan Government (SMG) continue to thrive. Learn how SMG supports these start-ups through the policies it has...
Pan Kyu Choi
09 Apr 2019 Session 2: Government Policies and Programs Supporting Technological Transformation in Indonesia
Disruptive technologies have various effects on the different sectors in Indonesia. This presentation looks into the impact of the Fourth...
Yurendra Basnett
09 Apr 2019 Session 2: Government Policies and Programs Public-Private Partnership Model as a Sustainable Model in Boosting Start-Up Ecosystem
Start-ups are paving the way to innovation, and things could be improved if they would operate under the public-private partnership (PPP) model...
Mammad Karimov
09 Apr 2019 Site Visit Seoul Startup Hub [Slides] [Slides] Seoul continues to promote itself as a city conducive in building start-ups. Learn more about the Seoul Startup Hub, a place and platform... Semin Lee
Date Session / Activity Presentation Material Speaker(s)
10 Apr 2019 Session 3: Private Sector-Led Incubation Programs SparkLabs Eugene Kim
10 Apr 2019 Session 3: Private Sector-Led Incubation Programs AWS Start-up and Partners Enablement Program Smita Roy (Amazon Web Services)
10 Apr 2019 Session 4: University-Led Incubation Programs Yonsei Enterprise Support Foundation: Leading the Way to the Future
Yonsei Enterprise Support Foundation aims to become the best enterprise incubator in Asia. Learn more about its history, and how it has been...
Sung Joo Bae
10 Apr 2019 Session 4: University-Led Incubation Programs Stimulating Entrepreneurship Activity at SUNY Korea from Scratch: 
The Case of the Center for Global Entrepreneurship
The State University of New York (SUNY) Korea houses the Center for Global Entrepreneurship (CGE) students and faculty a set of in-house programs...
Chihmao Hsieh
10 Apr 2019 Session 4: University-Led Incubation Programs AWS Educate & Academy Program
Cloud computing has been one of the top skills on LinkedIn in recent years. Despite the data on in-demand skills, many still do not possess ...
Shang Gao
10 Apr 2019 Site Visit
Date Session / Activity Presentation Material Speaker(s)
11 Apr 2019 Session 5: Academia-Industry Cooperation at Korea Advanced Institute of Science and Technology Growth of KAIST and Its Development
Since its establishment, the Korea Advanced Institute of Science and Technology (KAIST) has been instrumental in providing high-quality human...
Wonjoon Kim
11 Apr 2019 Session 5: Academia-Industry Cooperation at Korea Advanced Institute of Science and Technology Entrepreneurship and Innovation of KAIST: Start-up KAIST Steve Ahn (KAIST)
11 Apr 2019 Session 6: Research-Industry Linkage at Electronic and Telecommunication Research Institute Electronics and Telecommunications Research Institute and ICT Innovation Ecosystem
The Republic of Korea is known to house various innovative organizations, supported by both the government and the private sector. Among these...
Ilsue Roh
11 Apr 2019 Session 6: Research-Industry Linkage at Electronic and Telecommunication Research Institute Technology Commercialization: How It Works at the Electronics and Telecommunications Research Institute
Every year, more than 200 technologies are commercialized. There are various readiness levels that technology has to go through. Check ...
Jong Heung Park
Date Session / Activity Presentation Material Speaker(s)
12 Apr 2019 Session 7: Angel and Venture Capital Korean Unicorns on the Rise Kihong Bae (Strong Ventures)
12 Apr 2019 Session 7: Angel and Venture Capital De-Risking Impact Tech
Asia’s sustainable development challenges are primed for technology solutions. Meanwhile, the cost of technology is plummeting. This presentation...
Dominic Mellor
12 Apr 2019 Session 7: Angel and Venture Capital MINDsLab: AI as a Service Firm
Businesses can bring about innovations through the application of high-level artificial intelligence (AI) technology. Learn how MINDsLab is ...
Taejoon Yoo
12 Apr 2019 Session 8: Innovative Financing for SMEs and Start-Ups ADB’s Support on Small and Medium Enterprises Financing
There are several barriers that prohibit small and medium enterprises (SMEs) in developing countries. Some of these barriers include lack of...
Seung Min Lee
12 Apr 2019 Session 8: Innovative Financing for SMEs and Start-Ups Korea’s Experiences on SME and Start-Up Financing Hee-Jun Lee (Small and Medium Business Corporation)
12 Apr 2019 Session 8: Innovative Financing for SMEs and Start-Ups Managing a “Mission-Driven-for-Profits Start-Up” from Home​
Check out how Queenrides is creating impact in empowering women riders and drivers using a feminine approach.
Iim Fahima Jachja
12 Apr 2019 Group Discussion
12 Apr 2019 Wrap Up

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