BIOVIT Selected as 2020 Magok Weconomy-Startup #1
Challenge's Most Anticipated Startup
2020-08-01
BIOVIT has been selected as one of the five
most anticipated companies in the ¡®2020 Magok Weconomy-Startup Challenge,¡¯ lead
by Seoul Business
Agency (SBA).
Magok Weconomy-Startup Challenge is a business
that scouts startups that could lead the future, and aim to aid their growth
using quality resources
from multiple businesses in Magok. Startups from
various fields such as: AI/Big Data, materials, bio, production, etc have applied
for the challenge
and gone through preliminaries and final selections to five
startups.
BIOVIT gained attention with its amazing
technology and growth, being elected as one of the final five startups. With
this, BIOVIT has been funded
20 million won from the SBA, followed by Seoul
Startup HUB space/POC funding of 10 million won.
With success from this program, BIOVIT has
become an exemplary startup for KOLON technologists, big businesses and
startups alike, and will take this opportunity to connect to many others toward
the future.