Skip links

KITA jointly hosts an Open Innovation Program between LG Household & Healthcare, the biggest cosmetics & healthcare company of South Korea and international startups in the ‘Bio/healthcare Industry’.

CHALLENGE INTRODUCTION

2021. 10. 31 23:59

LG H&H seeks to collaborate with startups with following areas;

A. Companies that have or are preparing regenerative organic certification

  • Companies that deal with farms, raw materials, and ingredients for food, beauty and personal care products
  • Companies that have organic certification

B. Microbiome (skin, gut, etc.) and beauty-related genetic diagnosis/analysis/differentiated business model

C. Research on skin immunity-related efficacy evaluation method (lactic acid bacteria new function research)

D. Research on eco-friendly cosmetic raw materials such as bio-surfactant/ethanol

Startups with products (prototypes) / technology related to the areas of interest A-D.

*All materials submitted by startups should be written in English (Company one-pager, Pitch Deck, Business Proposal, etc)

**Business meetings will be conducted online and in English. Additional translation service will not be provided.

The possible benefits that can be provided by LG H&H for the startups that apply in this project are as follows:

  • Joint Research / Commercialization
  • Equity Investments by LG H&H
  • Access to the information and DB that affiliated companies of LG hold

Specific benefits will be discussed at the business meeting between the selected startups and LG H&H

I. Application Deadline

1) February 28th, 2022: A. Companies that have or are preparing regenerative organic certification*
*Further Schedules will be announced apart from Areas of Interest B-D

2) October 31st, 2021: B. Microbiome (skin, gut, etc.) and beauty-related genetic diagnosis/analysis/differentiated business model
C. Research on skin immunity-related efficacy evaluation method (lactic acid bacteria new function research)
D. Research on eco-friendly cosmetic raw materials such as bio-surfactant/ethanol

II. Application Result Announcements – November 4th-15th, 2021
Every startup applicant will be communicated with the result via e-mail.
Startups selected for the business meetups will be asked to reply possible schedule to attend online meetups.

III. Business Meetup with LG H&H (Online) – November 18th-22th, 2021

+82-2-6000-5671, 5389 / junsangyum@kita.net, stayjust@kita.net
+1-212-421-8804 etx.2 / s.park@kita.or.kr

pdf-01-512-300x300