EU Business Hub Successfully Concludes Digital Solutions Korea 2024

Successfully supported B2B matchmaking between Korean companies and EU SMEs and start-ups offering advanced digital and IT technologies.

Korean SMEs and large corporations in various fields of the digital solutions sector participated in the business mission.

The mission received positive feedback from participating companies describing the business mission as "An opportunity to expand horizons, build connections, and position company for growth in an ever-evolving global landscape."

(10 December 2024) The EU Business Hub programme successfully concluded its first business mission: Digital Solutions Korea 2024.

Digital Solutions Korea 2024 was held from 2-6 December to provide a platform for EU SMEs and start-ups in the digital solutions sector to explore business opportunities and build partnerships in the Republic of Korea. EU SMEs and start-ups at the forefront of cutting-edge digital technologies—including AI, blockchain, cybersecurity, digital health, XR, media, robotics, semiconductors, software, and telecommunication infrastructure—visited Seoul to present their advanced technological expertise.

Notably, the event showcased groundbreaking solutions unique to EU SMEs and start-ups, incorporating the latest IT advancements such as generative AI, cloud computing, and digital twins, including AI-powered medical diagnostic systems solutions, spatial computing solutions, and robotic navigation solutions. Korean SMEs and large corporations in various fields of the digital solutions sector participated, showing a keen interest to partner with EU SMEs and start-ups.

The main programme of Digital Solutions Korea 2024, the ‘Business Exhibition’ allowed participating Korean companies to discover cutting-edge technologies and discuss practical aspects for partnerships and expand business opportunities through 1:1 meetings.

At the ‘Business Networking Reception’ held on the afternoon of 3^rd December, companies from 17 EU countries and Korea engaged in business networking conversations, fostering future collaboration in a more informal setting. A Korean participant commented, "It turned out to be a much more dynamic and proactive networking experience than expected. It provided a meaningful opportunity to freely connect with a diverse range of European countries that are usually hard to reach, share key insights on global business expansion and technological innovation, and directly explore the potential for collaboration.”

The EU Business Hub programme also operated a booth at Softwave 2024 at COEX in Seoul from 4^th to 6^th December. By having a dedicated booth, the team introduced the EU Business Hub programme and provided an opportunity for B2B matchmaking to Softwave 2024 participants. The EU SMEs and start-ups participating in Digital Solutions Korea 2024 visited Softwave 2024 in person, engaging with Korean companies. 

"We look forward to the connection established between the EU companies with the local business partners - during this one week business matchmaking and networking event – to continue and to grow into a durable partnership” said Tanith Bello, EU Business Hub Programme Officer at the EU Delegation to the Republic of Korea.

Contact for Press Release and Event Coverage

-            Telephone: Shin, Da Jeong┃A.E. 010-5685-6844

-            Email: rokcomm@eubusinesshub.eu

Delegation of the European Union to the Republic of Korea

-            Website : https://www.eeas.europa.eu/delegations/south-korea_en

EU Business Hub holds the first  Digital Solutions Korea 2024 exhibition 

(8 November 2024) The EU Business Hub programme will host the first exhibition: Digital Solutions Korea 2024.

The Digital Solutions Korea 2024 will take place in December over three days, on 3^rd (Tuesday), 5^th (Thursday), and 6^th (Friday), at the SOFITEL Ambassador Seoul Hotel in Jamsil. Selected European SMEs and Start-ups with technological capabilities and track records of international business cooperation will visit Seoul and exhibit their innovative digital solutions.

The European companies participating in this event provide digital solutions using cutting-edge technologies such as AI, blockchain, cybersecurity, digital health, Extended Reality (XR), IoT, online media platforms, robotics, semiconductors, telecommunications and many more innovative software solutions.

In particular, for three days, the EU Business Hub will offer Business to Business (B2B) matchmaking. EU companies will hold business talks with interested Korean companies. The event provides opportunities for 1:1 meetings for companies to build diverse business prospects, including technology partnerships, licensing, and joint R&D, all aimed at building meaningful business relationships. In order to facilitate communication during business meetings, an interpretation service is provided at the exhibition.

Additionally, a Business Networking Reception hosted by the EU Delegation to the Republic of Korea will take place on 3^rd December (Tuesday) at the exhibition venue where key local business stakeholders are invited. It will allow attendees to enhance their networking connections with the European SMEs and start-ups in a more informal setting.

The EU Business Hub – Korea programme will also be operating a booth at Softwave 2024, taking place 4^th –6^th December at COEX, Seoul, to actively promote the visibility of the programme and its business mission. On 4^th December (Wednesday), EU SMEs and start-ups participating in the business mission will visit Softwave 2024, providing 1:1 onsite matchmaking opportunity for Softwave 2024 exhibitors. 

"The ICT industry of the Republic of Korea, which accounts for 30-40% of total exports, is experiencing strong growth driven by the rapid spread of cloud services and supported by semiconductors exports. Having earned a reputation as a global ICT powerhouse, the RoK is steadily investing into innovative technologies such as advanced semiconductor, next-generation network, Artificial Intelligence, big data, quantum computing, and cybersecurity. Many companies may seek global partnerships” said Tanith Bello, Programme Officer at the EU Delegation to the Republic of Korea. "I hope that Digital Solutions Korea 2024 serves as a valuable platform for relevant Korean businesses and organisations to connect with European SMEs and start-ups showcasing their cutting-edge digital solutions and technologies, allowing them to seize opportunities for business partnerships."

Korean digital solution companies regardless of their size, wishing to visit the Digital Solutions Korea 2024 exhibition and/or to arrange one-on-one business meetings can apply in advance through the EU Business Hub’s Korean website. 

About the EU Business Hub –Korea Programme

The EU Business HUB – Korea is a programme funded by the European Union that aims at supporting business collaboration between Korean and EU companies. Between 2024 and 2027, the programme will organise a total of 10 business missions in the form of business-to-business (B2B) matchmaking and exhibition events in three industry sectors: Digital Solutions, Healthcare & Medical Equipment, and Green & Low-carbon Technologies. Each event will feature up to 50 selected European SMEs and start-ups with cutting-edge products and technologies. Potential Korean partners have the possibility to meet the participating EU companies and hold business talks at the event venue to seek out various business opportunities, including distribution and sales, industrial and technological cooperation, and joint ventures.

Contacts for Press Release and Event Coverage

Telephone: 

Yi , Min Jae / Manager 010-5231-8513

Shin, Seung Hee / Senior Manager 010-5189-4876

Shin, Da Jeong / Staff 010-5685-6844

Park, Hyun Bin / Staff 010-9513-1626

Email: rokcomm@eubusinesshub.eu 

Website and social media: 

https://korea.eubusinesshub.eu/ko

LinkedIn, X

Delegation of the European Union to the Republic of Korea

Website:

https://www.eeas.europa.eu/delegations/south-korea_en