Next, the fourth presentation of C2C2024, an AI start-up support business that everyone may or may not know about. For the sake of the event, please turn off your cell phones or switch to vibration mode. He directly supports over 300 AI start-ups. Please give him a big round of applause.

Hello, can you hear me?

If you can hear me, I'll begin the presentation. Hello. I'm Sung Hyuk-jin, the AI from Seoul. First of all, I'd like to thank you for giving me the opportunity to present in this meaningful gathering of many people. As a Seoul AI candidate, I've been planning and running support businesses that support AI start-ups for over five years.

The CTC office asked me to introduce myself at a conference where many AI startups gather, but I didn't think many people would attend if I introduced myself to Seoul AI, so I said that it's a startup support business that everyone knows about. Since this is an introduction to Seoul, I'd like to revise my presentation and begin. But I'd like AI start-ups to know what kind of organization we are and what we do.

I'd appreciate it if you'd listen carefully.

Before the presentation, I'd like to start by telling you about the Disclaimer. As you can see from the title of the presentation, since it's an introduction and promotion, there's no incentive for promotion or corporate offices in Seoul.

The Seoul AI hub is a non-profit organization that operates with Seoul's budget. And since it's been introduced with Seoul AI, there might not be time for a presentation with those who know the Seoul AI hub well. I'll tell you about that as well. And this presentation is more of a fact-based presentation than an InsightPre presentation. So that's one of the things. There's a lot of personal opinions in here, so I'd appreciate it if the audience would filter those out.

The order of presentations will be Seoul AI and the introduction institutions. We're also going to talk about the perks of our organization and the step-by-step businesses that our organization does.

Uh, first of all, the Seoul AI hub is an organization that Seoul established in 2,117 years as an AI industry cluster.

Uh, if you look at this years Economic Policy Office of Seoul's Economic Policy Office's major briefing report, the budget for the women's AI Innovation Districts is about 13.6 billion won. 23.6 billion won is allocated to Seoul's infrastructure, businesses, and other necessary budgets.

If you look at the Seoul AI Industry Nurture Policy, we're currently working on a third-stage formation strategy. First, we focused on spaces, physical spaces for AI start-ups, educational buildings, and then what? We're trying to create a large R&D space for major universities and stakeholders to live in, and in the long run, large corporations, overseas organizations, researchers, and researchers will come together to create a large R&D space under the same roof.

At the moment, we have acquired KAIST AI Graduate School and Seoul National University's Global Research Center, so the foundation has been laid for the researchers and the companies to achieve synergy in harmony.

Uh, the A.I. Tech City that I mentioned earlier is the R.N.D. campus that we're trying to establish in 278 years. As you know, Yangjae is easy to get to Gangnam and Pangyo It takes about 15 to 20 minutes by car It only takes a couple of stops to get there. Moreover, Samsung and LG are being ignored by large corporations, especially labs and AI labs. Well, there's Hyundai, KTT, and a lot of other organizations. So, Seoul is trying to turn the Yangtze into the hub of the Korean A-I industry and a global hub of innovation. And

On the way up to our Yangjae Interchange, there's a lot called the Suit Wholesale Market in Seoul. It's Seoul's design that the land will be exclusively dedicated to the AIRND campus. It's about 16,000 square meters. It's about 60,000 square meters.

It's very difficult to maximize synergy just by bringing together stakeholders, but our consortiums are capable of maximizing that synergy, i.e., modeling. Seoul University and Etri are run by Korea Electronic Communications Researchers. As you know, Seoul University and Etri both have great resources. Research capability, business capability, and in Seoul National University, we have a skilled investor, so we have the investment capability.

So when AI startups or stakeholders come together to create synergy, they'll be able to play the role of a moderator.

As I told you earlier, about a hundred companies can buy into this school meeting you're seeing now at the Hybe Wheesung Building and the newly-opened Seoul AI hub. There are about 100 companies in total. We even have a training center, so we can secure not only a space for companies to see office space, but also a space to nurture human resources. And with the budget I mentioned earlier, we'll be training AI, cultivating differentiated start-ups, supporting corporate companies, and

Academic alignment AI Fusion Ecosystem Building Global Collaboration. I run between 20 and 30 businesses a year, supporting the growth of AI startups.

I'm going to talk about the special features. I didn't think much of it because a lot of the major businesses are in this special feature. I'm going to talk about it in a little bit more detail.

First of all, we have over 100 tenant companies in over 100 residential spaces. They're all AI start-ups. When I first joined, there were only about 20 companies in 20 rooms, but now there are 100 companies and we're engaging with each other here, so there's a lot of synergy. We're going to talk about that a little bit later on.

When we select tenant companies, we don't just select them. For AI start-ups, the major investors with portfolios, so based on AUM, related professors from AI universities, doctors from government-supported institutions, AI researchers from large AI companies, and related agencies, we shrink and evaluate them as experts.

Based on the Dive Steel, we select good companies, so of course, these companies give us good sales figures and investment figures, but we also do research and investment scouting projects, and when people ask us about these companies, we act as the middleman and introduce them to them. So up until the end of last year, revenue was 3,563 billion won, and recreation of investment was 3,671 billion won, and new.

3354 people got hurt. I'm sure you don't understand the numbers. Last year, about 100 companies made about 54 billion won in turnover. They made about 28.5 billion won in investment. Divided by yen, each company received over five billion won, and they received over 2.8 billion won in investments, so I think we're doing better than other companies or institutions.

It's very, very fast. I'll just look at a bag of water.

I'm sorry.

When there are 20 companies that live in the building, there are many who don't know about our organization, and there aren't many people who can choose from outside. But as there were about 100 of them, the outsiders recognized our institutions and introduced them to the companies, and it became a complete cycle. So, what we think is that when you bring together good companies, there's a natural influx from outside. That's why we thought it'd be hard to make 100 companies big enough, so we came up with a plan for the good companies outside.

I've come to the conclusion that we should use it more effectively for our company and our business. Of course, the space was also limited. So, directly or indirectly, we have about 300 residential company memberships, and we categorize them into domain technology and domain technology, and we organize them based on resources, and based on these, we need certain skills to meet certain needs. which domain needs which technology. As soon as you say that, you can show it to the investors right away. There are investors who do this based on resources.

so I can help them clean their clothes. So not only do we have these benefits, but we can also figure out what common needs are and apply them to our business. For example, if a lot of companies are gathered in a certain domain area of a certain technology, we can have networking events with companies that they can meet, or we can partner up with legal labor, patent, and tax accountants to support the companies.

So we can use our business budget effectively now.

And this year, what we're planning to do this year is, until now, we've been recommending companies based on influx, so we've been show-matching companies according to their needs, but this year, we're going to be like a techno technology push, discover their needs, make deals, and continue to be the middleman for them. That's the clustering effect. And as I said earlier, our institutions are Seoul National University and Ethyl.

Last year, the professors of Seoul National University's AI researchers attended an AI plus-x training. It's not easy to run a curriculum anywhere else. So with these excellent instructors and resources, we have a variety of businesses, and KAIST has an AI graduate school as our partner.

Every year, we do businesses that convert the developers of companies into AI developers.

In the AI semiconductor, Etri has a lot of technical people. So we do businesses that train AI semiconductor researchers and design engineers every year. For businesses like this, since we manage Seoul's budget, some of KAIST's budgets are free, but most of them are free, so I think it'll be helpful for employees to build resources with these training.

Well, I told you earlier that Seoul's budget is 100 percent. Since Seoul AI operates with that budget, we can communicate with various stakeholders in a new way.

And you get to run a business. It's not easy to gather various officials, but we always say that it has nothing to do with us and were doing it for AI start-ups, and were building businesses with the main stakeholders. So last year, Seoul National University's Korea University's start-up club was sponsored by Korea National University's start-up club, and we had a club forum with the start-up team and the prospective students in Seoul.

Well, Microsoft to.

On the 29th, MS, Samsung, and LG organized networking events with the developer community. We can do this because we're very new, so we can gather various stakeholders and create synergy together to discuss the direction of Seoul's development.

Lastly, Seoul is Korea's capital and capital, and since Seoul University is one of the best universities in Korea, it's very easy to use this reputation as the basis to expand our network overseas or choose partners that we need to expand our global reach. For example, last year, we had a start-up, an AI scene, and there's a research institute called Mila that was founded by a professor named Ureubenju. We formed a partnership with them last year, and this year, we selected about ten companies

so that they can study it together. It's meaningful because at the start-up level, it's very important to have a reference. When a start-up comes to the US or Canada, they say, What are you doing? Im a sponsor of Mila. Because of Mila's brand, companies have value. Of course, it's important to do collaborative research. But I think it's very meaningful for our organization to have a partnership with such important institutions and create work with them.

On top of that, the largest AI research consortium in Europe has signed a mutual agreement with Cyber Valley. This year, we will be planning and preparing similar businesses to the Mila business.

In addition, Vietnam's service information is formed by a large company called FPT University, and through our partnership with Yogi, the developers in Vietnam are trying to create a government that can be used as a development resource for our residential company.

So we think this is what we can do, and we've been expanding on global networks. So that's a unique feature. Actually, when I was asked to announce it at a conference, if I were to start an AI start-up based on that scenario, I did think about starting an AI start-up as a prospective start-up and announcing it at the beginning. I've been looking at companies for over five years, and I've seen them do a preliminary package for their promotion and performance capabilities, lose, and start up a research institute.

We saw a lot of steps and tips for the start-up technology innovation projects, so we were going to do that, but as you can see, the MIDC already has a brochure and we're going to do a presentation for small businesses in May. Every year, the hub does a support business presentation. So I'm what?

I thought it'd be better for you to come to our agency and learn about our support businesses, so I'd like to tell you about our organization's step-by-step businesses and why we need them.

As I mentioned earlier, we'll start with the prospective team.

We're trying to create some sort of funer that contributes, and we're trying to create this ecosystem. So we discover the start-up team, we give them the start-up and AI training, we give them the team-building and start-up, and then we give them the initial operating funding. Then you move in, you grow, you go global, you graduate, and after you graduate, these graduate companies can come back as mentors. Since we're all growing from the AI scene, and we're all in the AI scene, graduate companies can do all the consulting and mentoring, and we think that when graduate companies invest in funding,

We can give them to our corporations, so we have a vision to create a sustainable ecosystem without the influx of Seoul's budget.

Let me be more specific. We talked about this on the AI Animal Forum. The start-up team has an idea, but it's a difficult journey to make it into production.

College students tend to get into product with just the initial funding. Last year, we supported the start-up team and mentored them on how to start a business. That's why we had a pre-building company where you could come up with more ideas. In order for them to do team building, they didn't just need developers, they also needed designers.

Right.

They'll also need people who can utilize them, so we're carrying out these training sessions for them to start an AI development business and support them in teambuilding. So for AI entrepreneurship training, we have created separate UIUX tracks using AI Development APA to support them in team building to form a team and start a business. Right now, we have a project for start-ups that target college students. What we keep thinking about is not only college students, but also companies.

We're planning to provide support for the company's team-building or researchers so that they can start an AI-intelligent mathematics business. I need some operating capital for team building. I'm sorry. I'm talking too fast.

So we run the AICT Camp every year to allow those team-building teams to actually use the operating capital. I've been here for over five years now.

Well, the initial teams have a lot of support projects, but they can use the support projects, I mean, the budget, in order to receive government support, there are only certain items that they can use. So you can't really rob them of their salaries. When we start a business and run it, although we're going all-in, the CEOs still need to make a living or have some asset fund.

Most of the government-supported businesses are quite rigid, so we're trying to make room for them to fund the business. We plan to recruit companies in May, but we don't just fund them, we choose and support them with a good accelerator who invests a lot and sends tips well. So not only do we support the operation, but we can also take Investment Plus Tix

investment plus tips from this business.

Once you find some + marketing, we help you find needs. Open innovation is commonly used by other organizations these days, but it's very ineffective. There's not a lot of follow-up after the POC. But we're still the middleman, so we're still trying to meet their expectations. So, for a company, this is how much output they can get with this budget, and this is how much habit they need to get to where they want to be.

For corporations, this is what big companies want, so you have this projection, so the POC budget is about this much, but later on, because we act as a subsidiary, we do open innovation projects that connect more relevant needs than other companies. We're also in the business of matching researchers. Last year, we scratched out about three years' worth of authors' lists from major conferences such as Lips, ICML, and CBPR. So I gathered about 80,000 people.

And there are thousands of Korean researchers. We also plan to match them to the enterprise by categorizing them as technical domain technology or domain technology. If it's okay with you, could you click on our specialist directory?

We made this with a tenant company.

If you input a topic that you're working on, it'll pull out the keywords for you, and if you do a search based on the keywords, we'll send it to Vatadivy and create a platform for you to find researchers with Illustical Search. It's the alpha version now, so it'll take some time. The researchers who are using it and the researchers who have the highest similarity to what they learned, can you click on the view moa?

That's how we expose the first similar studies to the ones written on the top. If you scroll down a bit, there are a lot of Chinese researchers, so you can scroll down a bit more. Scroll down a bit more. If you look here, you'll see a Korean author.

We've already created a phage that goes directly to the author page. So what we're going to do this year is, last year, we had an AI who was following Seoul.

Do you think you can do that?

Last year, we're trying to match researchers with researchers if a company could bring researchers to do research on their own. Well, we don't have a huge budget, so we're planning a business with about 10 people who can help solve the problems that we really need for 123 months.

I also play an investor. In the beginning, every VC or IC has a vacant site. On that vacant site, you can see all the operating funds. So we can see all of the assets that are run by VC. So I've organized them and I've selected all of the embers at the top in terms of the management assets and made them into a glue. Unlike other organizations, our job is to find the right companies in the middle, or when the VCs request us, we find the right companies.

We also do businesses with investors and connections twice a year.

We also have some support projects for global expansion. First of all, we need to know the local market and do a legal review and investments to see if there are any problems. In the beginning, there are landmark agencies in North America, Europe, and Asia. We're planning to give you the know-hows and the businesses so that you can expand overseas. Last year, the US Ambassadors, the Canadian Embassy,

There's a period called Japan Jetra. We talked about that when you came to Japan. And as I mentioned earlier, we plan to conduct a global collaboration project every year. As I mentioned earlier, this is a collaborative research business. They don't have enough research resources, so it's important to have good researchers. But what's more important is that we'll give you a reference. So we'll continue to build businesses that we can collaborate with and support with some of the best organizations.

For your information, the Seoul Fellows are trying to take Mila's businesses from the benchmarks. The Mila Institute has PhD students. And some of them are affiliated with the university. When companies in Quebec want to do research, there are projects that support their resources, so we're trying to incorporate our know-how into AI Seoul Fallow's project and create an ecosystem like that. And lastly, we have

We support all the major exhibits. For example, CES, ZyTACs, Tag Crunch, and other large exhibits like Folicion, we support all the major exhibits. This year, there was an article about our cooperation with Microsoft, and when our companies went to the country, they promised to find us a need or a partner. Furthermore, because we continue to do business with KOTRA, we don't just support the local fair.

We find opportunities and opportunities locally.

So far, I've told you about our support businesses. I thought some of you might think that were not only targeting herb companies, so we are currently recruiting tenants and membership companies. So if you search for Seoul AI hubs in the start-up plus search engine, you'll find recruitments for our companies and membership companies. I heard a lot of AI start-ups come here. We're introducing our promotion and recruitment.

That concludes my presentation.

Thank you.

Please give a round of applause to Mr. Sung Hyuk-jin for presenting.

If you applied for mentoring beforehand, please go to the mentoring center.

We also have an event at the conference called King of Reviews. If you'd like to participate in the event, go to our website via QR code and fill out a photo and phage from the website.

If you've already filled it out, you're still welcome to join us.

The next presentation will begin at 3:00 p.m.

We'll be right back after the break.

Thank you.