Kyowon Group (Chairman Jang Pyeong-soon) is taking the lead in revitalizing the startup ecosystem by discovering innovative startups and providing opportunities for shared growth.

Kyowon Group is focusing on accelerating ‘Digital Transformation’. It contains a strong will to strengthen future competitiveness by expanding new businesses by incorporating digital capabilities into core technologies owned by the Kyowon Group. In order to discover various foods, they are continuing their active steps by discovering and investing promising startups based on digital transformation strategies.

The Kyowon Group has been conducting the “Deep Change Startup Prize” every year since 2019 to secure differentiated future innovation technologies and support the growth of startups and revitalization of the industrial ecosystem. Deep Change Startup Fries is an open innovation platform that discovers and supports startups with excellent technology and business models by Kyowon Group.

From 2019 to last year, Kyowon Group discovered a total of 43 startups and achieved results, with a cumulative investment of about 6 billion won. At the same time as discovering startups, it will establish a cooperative system such as developing new business models beyond simple investment and promote active co-prosperity with startups.

Deep Brain AI, a digital AI human technology company selected from the first competition, has developed a “real-life AI tutor” for the first time in the study paper industry. The live-action AI tutor provides super-personalized customized learning management by applying it to the digital learning ‘iCandoo’ introduced by the teacher group. Envisible, which won first place in the second competition, developed a joint business model with the teacher group based on the DIY interior module and created the EduTech Experience Center.

You can experience various edutech products in person at the creative edutech lounge, which is receiving high responses from customers. Currently, the “Red Pen Experience Center” is operated by 186 stores nationwide. In addition, spin bike company Fever (3rd) plans to launch a collaboration model soon in connection with Wells’ new healthcare and home training service, and AI-based travel recommendation company Myro (3rd) is collaborating with teachers KRT to innovate customer experiences.