[Suwon, Newsis] Reporter Park Sang-wook – The Gyeonggi Housing & Urban Development Corporation (GH) signed a Memorandum of Understanding (MOU) with the Federation of Korean American Chambers of Commerce (FKACC) on the 10th at the Las Vegas Convention Center in Nevada, USA. The agreement aims to support the global expansion of startups from Gyeonggi Province.

The FKACC, which consists of 80 regional Korean American chambers of commerce, represents 1.5 million Korean American businesspeople. It plays a key role in job creation for Korean entrepreneurs and assists domestic startups in entering the U.S. market.

The MOU includes key provisions such as promoting exchange and cooperation to support the global expansion of startups and small and medium-sized enterprises (SMEs) in Gyeonggi Province, as well as providing business connections and industry trend information in the Americas.

GH is expanding its corporate support services beyond the conventional method of leasing and selling spaces by actively assisting businesses in their global expansion.

Kim Se-yong, President of GH, stated, “For businesses to achieve innovative growth, it is essential to go beyond simply providing spaces and offer comprehensive support such as funding and investment programs. We hope that this agreement will serve as a catalyst for Gyeonggi-based startups to successfully enter global markets, including the U.S.”

Reporter: Park Sang-wook (sw78@newsis.com)

Source: Newsis