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The Seoul Center for Creative Economy and Innovation (Centre Director Han Jeong-soo), together with the AI Yangjae Hub (Center Director Yoon Jong-young), established a cooperative network between the startup village incubating startups in the Seoul Center and the AI Yangjae Hub, and It announced on the 24th that it will hold a 'Startup Oasis' at the AI Yangjae Hub on the 26th to help startups overcome ‘Death Valley’ (a time when startups suffer from financial difficulties or lack of competency).

Starting with a lecture by Yoon Jong-young, head of the AI Center at AI Yangjae Hub, Startup Oasis will share experiences in startups' survival strategies based on the survival experiences of senior entrepreneurs in Startup Village.

As a startup village resident companies that graduated from the Global Youth Startup, Academy Cosmetheus (CEO Tae Won-seok), a marketing trend prediction service based on video big data analysis using AI that passed the Global Youth Startup Academy, AI tech startup Wayne Hills Ventures (Lee Su-min), Blueprint Lab (CEO Shin Seung-sik), which is expanding its global business through TIPS program and KIC Washington DC program, and Twigfarm (CEO Baek Sun-ho), which has recently received Series A investment, and developed an AI-based translation quality checker, plan to share their experiences of survival and investment on this day.

Manager Lim Ji-hyun said, "Start-up Oasis is designed to be a place where strangers who met during the desert's long journey of innovation and challenge can share each other's compass, and we will operate it every month to spread the diverse values of startups that exist in our time and to share widely that they are steadily surviving with us.”

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[Reporter Hae-sik Park]