Two Gwangju Companies Selected as ‘Baby Unicorns’ by Ministry of SMEs and Startups, Accelerating Growth Towards Global Unicorn Status

Gwangju Metropolitan City announced on the 3rd that Biot Korea (CEO Jang Young-jun), a developer of medical devices for therapeutic substance delivery, and CnerG (CEO Jin Yong-nam), a renewable energy trading platform, were selected as "baby unicorns" by the Ministry of SMEs and Startups, which supports startups with high potential to grow into global unicorns.

Two Gwangju start ups Biot Korea and CnerG Selected as ‘Baby Unicorns’ by Ministry of SMEs and Startups

Gwangju Metropolitan City announced on the 3rd that the Ministry of SMEs and Startups has selected Gwangju-based companies Biot Korea (CEO Jang Young-jun), a developer of medical devices for therapeutic substance delivery, and CnerG (CEO Jin Yong-nam), a renewable energy trading platform, as "baby unicorns" as part of their global startup growth initiative. According to the city, the Ministry has been helping promising startups and venture companies verified through market validation and investment to grow into global unicorns through the "K-Unicorn Project" since 2019. So far, 250 baby unicorns and 111 pre-unicorns have been selected.

Startups to Watch in 2024: Baby Unicorn 50 and Pre-Unicorn 15

On Thursday the 27th, the Ministry of SMEs and Startups announced the selection of 50 "baby unicorn" companies and 15 "pre-unicorn" companies that have high potential to grow into global unicorns. Since 2019, the Global Unicorn Project has selected a total of 250 baby unicorns and 111 pre-unicorns. In this round, 199 companies applied for the baby unicorn development program, and 107 for the pre-unicorn special guarantee, with competition ratios of about 4:1 and 7:1, respectively. Baby unicorns receive market development funds (up to 300 million KRW), and this year, a special guarantee from Korea Technology Finance Corporation (up to 5 billion KRW) was introduced to ensure rapid access to growth funds.

กลุ่ม KTIS ลงนามขายเครดิตพลังงานหมุนเวียน (REC) กับ CnerG

มิติหุ้น - นายศิรภาคย์ ศิริวิริยะกุล ประธานเจ้าหน้าที่บริหารการเงิน กลุ่มบริษัท เกษตรไทย อินเตอร์เนชั่นแนล ชูการ์ คอร์เปอเรชั่น จำกัด (มหาชน) หรือ กลุ่ม KTIS ผู้นำในอุตสาหกรรมน้ำตาลและอุตสาหกรรมต่อเนื่องครบวงจรเป็นผู้แทนของกลุ่ม KTIS ลงนามขายเครดิตพลังงานหมุนเวียน (REC) กับ Ms.Kate Roh, Head of Global Market บริษัท ซีเนอจี จำกัด (CnerG) ผู้ประกอบการระดับสากล ด้านธุรกิจพลังงานสะอาดและผู้ให้บริการ solution ด้านความยั่งยืน

Helping Companies Achieve Carbon Neutrality by 2050... AENTS and CnerG Join Forces

AENTS, the operator of the carbon-neutrality platform "AENTSCOPE", announced on the 20th that it had signed an MOU with CnerG, which operates a clean energy trading platform, to address carbon neutrality. Both companies will work to secure corporate clients that need to measure and reduce carbon emissions. CnerG will provide REC (Renewable Energy Certificate) trading solutions to corporate clients, while AENTS will offer carbon emission measurement and management solutions.