Korea IT Times has appointed Editor in Chief Chung Youn-soo as a representative and correspondent in Canada

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Friday, June 16th, 2017

The appointment is the first step to bridge between Korean IT companies and local buyers and investors in Vancouver, which is emerging as the second Silicon Valley, it announced on June 15.Canada is the North America’s up-and-coming startup center. Canada boasts of its incredible support for entrepreneurs, both homegrown and international. The Canadian government is keeping successful startup ecosystems and a huge selection of government aids available to small businesses, some of which include grants that they don’t have to pay back.

As Toronto, the Canada’s financial hub, is home to much of the country’s investment. The Venture Capital (VC) firm backs startups directly, of which the firm owns six percent.

The entire province of BC in Vancouver boasts of more than 100,000 people working in the high-tech sector. Employment in the industry rose 2.9 percent in 2016, compared to the national tech sector’s growth of 1.1 percent. High-tech in BC employs more people than the mining, oil, gas and forestry industries .

"There are a lot of bright things to come for Canada’s startup and IT Technologies scene. In particular, Vancouver is a region that is accessible to North American market investors such as Silicon Valley. Korea brand is being highly valued through the Korean wave such as K-POP, movie and drama. Korea IT Times plans to inform the truth of Korean IT technology," explained Chung.

Korea IT Times has played a crucial role in promoting South Korea’s IT technology and industry to the global market and introducing the world’s IT industry to South Korea since its launch in 2004.


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