Law firm Veat signs a strategic business agreement with Next Challenge Foundation, a global accelerator foundation.
Article posted in 2023-10-31 16:34:31 | VEAT
Law firm Veat collaborates with Global Accelerator Foundation Next Challenge> to focus on strategic agreements that provide legal support and foster the growth of startups.
Under this agreement, Law firm Veat will cooperate with Next Challenge to reduce legal issues and risks for startups, and to provide post-investment management legal support for startups’ global growth and investment attraction.
Representative Kim Youngrok of Next Challenge Foundation expressed expectations for the agreement, saying, “This agreement is expected to significantly contribute to the development of the Korean startup ecosystem and the nurturing of future entrepreneurs.” He added, “Through cooperation with Law firm Veat, which specializes in startups, startups will receive the support they need to grow in a stable environment.”
Partner Attorney An Il-won of Law firm Veat also expressed a positive response to the agreement, saying, “It will generate great synergy in the growth and post-investment management of startups.” He expressed confidence that “Through the expertise and cooperation of both organizations, it will provide significant assistance in the growth of early-stage startups and the resolution of legal issues.”
This strategic agreement is expected to serve as an important stepping stone for the growth of startups, and it is hoped that continued cooperation between Law firm Veat and Next Challenge will make the startup ecosystem even healthier and more active.
Next Challenge Foundation is a global accelerator foundation leading the governance of the startup ecosystem by government and private sectors, focusing on strengthening the innovative startup talent ecosystem based on EdTech, and conducts various activities for the expansion of the domestic and international startup ecosystem and infrastructure.
Law firm Veat has been providing legal counsel essential for the growth and global expansion of startups. This law firm, which achieved 2nd place in the Bloomberg League Tables in Q1 2023, centers on experts in areas such as IT specialists, lawyers from science and technology backgrounds, Privacy Committee legal advisors, and blockchain specialists from the Korean Bar Association Blockchain Committee, and is outstanding in investment and M&A, IT, privacy, and blockchain areas.
Notably, Partner Attorney An Il-won of Law firm Veat, who participated in the agreement ceremony, is also active as a legal mentor in the K-ICT Startup Mentoring Center Legal Mentorship Team, and actively participates in various practical and diverse activities for startups, including legal consultations and seminars.
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