On January 28, Korea University (KU) held an awards ceremony for KU Technology Entrepreneurship Competition at the CJ Food Safety Research Building. The competition was organized by Crimson Startup Support Foundation to discover new startup founders with innovative technology and promising business ideas. Founded in May 2018, the foundation has established a systematic process in fostering and assisting startup founders within KU.

With its total prize amounting to 10 million won, anyone with less than three years of running a startup could apply from December 28, 2020, to January 10, 2021. 18 teams that passed the application phase went through an online presentation, out of which 7 teams were awarded a prize.

The Chief Executive Officer (CEO) Kang Jisoo (‘14, College of Business Administration) won a grand prize for her user experience (UX) research startup dbd Lab that specializes in systemically analyzing user feedback by adding realistic contexts. Kang remarked, “dbd Lab was able to grow thanks to diverse programs including entrepreneurship courses provided by KU. In the near future, many companies regardless of their size will use dbd Lab’s service as a team collaboration tool.”