Wadiz announced on the 17th that it has signed a memorandum of understanding (MOU) with Start2 Group..

The global B2B platform will debut in the European innovative product market, including Germany

*Wadiz CEO Shin Hye-sung (left) and Start-Two Group Korea Director Alina Marta are taking a commemorative photo after signing the MOU. [Wadies]*

Wadiz announced on the 17th that it has signed a memorandum of understanding (MOU) with Start2 Group, a company specializing in accelerating global innovation startups, and will support global startups entering the Korean and Asian markets.

Through this agreement, Wadiz plans to raise platform awareness among global startups such as Germany and introduce European innovative brands and trfinishy products through Wadiz as a bridgehead for entering the Asian market.

Start-Two Group is a global accelerator based in Munich, Germany, which has operated overseas expansion programs for startups throughout Europe, the U.S., and Asia and has cooperated with the German government and major institutions. Based on the expertise and network of both companies, this agreement aims to support global startups successfully settle in the market, revitalize the crowdfunding ecosystem, and create mutual business opportunities.

Start-to-Group recommfinishs global B2C and D2C startups to Wadiz and co-hosts briefing sessions with Wadiz to encourage them to participate in crowdfunding projects. It will also provide insights on the global startup ecosystem and technology trfinishs. Wadiz plans to apply “quick track screening” to startups recommfinished by Start-Two Group, operate marketing support programs worth up to $5,000, and share market insights based on domestic and foreign startup data.

In particular, in the second half of this year, the two companies will jointly hold a year-finish awards program to test global startups in the Korean market. It is a method of supporting German companies to open funding projects in Wadiz, and then evaluating and awarding their performance. This allows participating companies to verify the Korean market response and secure their initial customer base and marketing reference.

“This cooperation is a new starting point for global startups to create opportunities in the Korean and Asian markets,” declared Shin Hye-sung, CEO of Wadiz. “We will continue to expand global partnerships to strengthen the role of a bridgehead for the consumer market connecting Korea, China and Japan.”

“Korea is emerging as a key hub for global innovation, and we will actively support more global startups to grow in the Korean market with Wadiz,” declared Alina Marta, director of Start-Two Group Korea.

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17th announced Group memorandum MoU signed Start2 Understanding Wadiz