Seoul Business Agency's Impact through the Global Innovation Forum
The Seoul Business Agency (SBA) has made significant strides in fostering innovation and growth within the startup ecosystem. Recently, they concluded the Global Innovation Forum, an essential gathering that attracted startup leaders from seven countries. Held in Las Vegas during CES 2026, this event marked a milestone in international collaboration.
A Platform for Global Startup Collaboration
The Global Innovation Forum was specifically designed to utilize CES, the world's largest technology exhibition, as an ideal platform for startup ecosystems worldwide. This initiative, which began in 2025, previously operated under the name "Seoul Innovation Forum". This earlier forum successfully gathered the national pavilions of Eureka Park countries during CES.
Innovative Structure for Enhanced Networking
Moving beyond traditional booth exhibitions, the forum focused on integrating national pavilions into a united venue, a crucial change that promotes international cooperation. Each participating country showcased its most innovative startups, participating in an Investor Relations pitching competition. This format was crucial in elevating last year's forum's success.
Strengthening Opportunities for Startups
As a result of its earlier achievements, the program was refined in 2026, enhancing global collaborative opportunities for startups. This expansion led to the rebranding of the event to Global Innovation Forum, incorporating startup ecosystem leaders from seven nations. This shift reflected an increased interest among industry players.
Collaboration among Hosting Organizations
The 2026 Global Innovation Forum was a product of close partnerships among several startup support organizations. The hosting groups included the Seoul Business Agency (SBA), TTA, Switzerland Global Enterprise, Israel Economic and Trade Office, Japan External Trade Organization (JETRO), Quebec Government Office, and Business France. Their collaboration was essential for the event’s success.
Welcome Address by Hyun Woo Kim
During his welcome address, Hyun Woo Kim, the President and CEO of the Seoul Business Agency, expressed his pride in launching the Global Innovation Forum. "It is a tremendous honor to inaugurate this forum in the city renowned as the global hub for innovation. Today’s gathering celebrates the entrepreneurial spirit and shared aspirations,” he said.
He further remarked, "The previous year's forum achieved outstanding success with active participation from five countries. This year, we have expanded our reach to involve seven countries, which showcase their unique strengths and cutting-edge technological advancements."
Encouraging Future Partnerships
Kim concluded his remarks by commending the participants for their innovative ideas and dedication. He particularly thanked the judges for their thorough evaluations. He envisioned the exchange of knowledge and experiences during the forum as the catalyst for future partnerships and collaborative ventures within the realm of business and innovation.
Judging Panel Expansion for Credibility
This year's Global Innovation Forum also saw an expansion of its judging panel, which included not only representatives from global media but also professionals from the venture capital sector. This diversification significantly enhanced the competition's credibility and created new investment opportunities for the participating startups.
As a result of thorough evaluations, notable awards were distributed: the Grand Award went to Firsthabit from the Seoul Business Agency, the Scale-up Award was presented to Hua Tec International from TTA, and the Impact Award was given to CubicSpace from the Quebec Government Office. These accolades signify a successful validation of the innovative solutions presented during the forum.
Future Prospects for Seoul's Startup Ecosystem
With the successful conclusion of the Global Innovation Forum at CES 2026, the Seoul Business Agency has reinforced its commitment to connecting Seoul’s startup ecosystem with global innovation leaders. This event lays a promising foundation for future international collaboration and encourages continuous growth through startup exchanges.
Frequently Asked Questions
What is the Global Innovation Forum?
The Global Innovation Forum is an international event designed to foster collaboration among startup ecosystems from various nations.
When was the forum held?
The forum was recently held during CES 2026 in Las Vegas, marking a significant milestone in international startup cooperation.
Who were the key organizers of the event?
The Global Innovation Forum was organized by several key organizations, including the Seoul Business Agency, TTA, and others from various countries.
How does the forum support startups?
The forum provides startups with valuable networking opportunities and platforms to showcase their innovations to potential investors and industry leaders.
What awards were presented at the forum?
During the forum, awards such as the Grand Award, Scale-up Award, and Impact Award were given to outstanding participants based on their innovative solutions.
