After the first selection in March, 6 companies were selected for the second round.

KT announced that it has selected six companies for the 2nd batch of 'Biz Collaboration', a program to support commercialization between startups and venture companies and KT to promote youth entrepreneurship and secure competitiveness in future businesses.

The 'Biz Collaboration' program is a program in which KT supports joint ventures with venture companies through R&D, patent applications, prototype production, marketing, and public relations, in collaboration with the Gyeonggi Center for Creative Economy and Innovation. The first batch of 7 companies were selected and are currently being supported in March. Going forward, we plan to select 20 companies per year and support joint product development.

The six companies selected this time are ▲Lucidstone (development of realistic service solutions), ▲CQNB (development of crime and fire prevention systems), ▲HighDeal Solutions (development of telecare solutions), ▲Toonid (production of webtoon/web novel content), ▲EYL (ultra-small quantum random number generator and application products), and ▲Haegeureum (development of agricultural technology and materials). Upon selection, they will be linked with KT business divisions to develop joint products and services with the goal of launching them within the year.

KT has collaborated with speaker recognition solution developer ‘Power Voice’ to launch the KT Authentication App that allows user authentication using only their voice, and is actively pursuing business cooperation with startups, such as jointly developing the Giga IoT Health Bike with health bike manufacturer ‘Geo IT’.

KT Future Business Development Team Leader Koh Yoon-jeon said, “KT is always open to opportunities for cooperation on external innovative technologies to promote future businesses,” and “We plan to further strengthen our support for promising startups and venture companies to secure future business cooperation partners for KT.”