Multi-Enterprise Networking Platform in Pangyo 2nd Techno Valley Expected to Create Synergy

The multi-enterprise networking platform in the LH Enterprise Support Hub is open to both startup entrepreneurs and prospective entrepreneurs.

LH Seongnam Pangyo Headquarters (Director Yu Su-cheol) has opened a multi-enterprise networking platform in Pangyo 2nd Techno Valley.

This is seen as a move by LH, which faced trouble during the “LH scandal” in the first half of the year, to redeem its original role of stabilizing public housing and supporting businesses.

As announced by LH Gyeonggi Regional Headquarters on September 12, the multi-enterprise networking platform will be located in the LH Enterprise Support Hub, the largest startup incubation space and support cluster in Korea; this hub will play a role in promoting the start-up ecosystem and helping enterprises network with other tenant enterprises.

LH will provide inexpensive office space in the LH Enterprise Support Hub to help entrepreneurs easily start their businesses and commercialize their ideas with tools such as shared test equipment and open labs while also receiving startup consultations and training from related government bodies.

After opening in 2017, LH Enterprise Support Hub has provided systematic support to approximately 200 startup enterprises with nine government-run startup support centers. It has also been criticized, however, for its limitations due to insufficient collaborative opportunities such as networking. Therefore, the opening of this multi-enterprise networking platform is expected to expand communication and exchanges among enterprises.

Multi-Enterprise Networking Platform in Pangyo 2nd Techno Valley has opened to expand communication among enterprises
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The multi-enterprise networking platform in the LH Enterprise Support Hub is open to both startup entrepreneurs and prospective entrepreneurs. It comprises various spaces—Dream Lounge, Co-Work Wave, Idea Bridge, and Live Community—to brainstorm and materialize ideas, to hold promotional events and exhibitions, and to network. In addition to Pangyo’s existing infrastructure, Pangyo 2nd Techno Valley plans to develop into a world-leading startup innovation platform through which anyone can share in Pangyo’s innovative achievements via active exchanges between enterprises and people.