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The 3rd Global Entrepreneurship Summer School (GESS 2024) Successfully Completed in Silicon Valley
The 2024 Global Entrepreneurship Summer School (2024 KAIST GESS), hosted by the Office of Global Initiatives under the KAIST International Office (Director Man-Sung Yim), was held for the third time. This program allows students to visit Silicon Valley, a global startup hub, to directly experience its famous startup ecosystem and develop their capabilities for global expansion. A total of 20 students were selected through applications, interviews, final presentations, mentoring, and peer evaluations. Additionally, 17 students from the KAIST Impact MBA course at the KAIST Business School also participated.
Before starting the Silicon Valley program, participants received mentoring on business model development and pitching advice from a senior entrepreneur at KAIST for about two months, beginning last May. Afterward, they developed business items for each team at KAIST’s main campus in Daejeon. For seven days, starting from June 23rd, workshops were held under the themes of global entrepreneurship, learning through failure, capital and network, and startup culture at KOTRA Silicon Valley Trade Center, JP Morgan, and Plug and Play Tech Center. This program's lecture series provided prospective entrepreneurs with the opportunity to systematically learn the mindset and gain the experience needed to start a global business.
The participants also visited local companies and gained experience in the field of global technology startups. Visits included Bear Robotics (CEO John Ha), Soundable Health (CEO Cathering Song), ImpriMed (CEO Sungwon Lim), Phantom AI (CEO Hyunggi Cho), B Garage (CEO Aiden Kim), and Simple Steps (CEO Doyeon Kim). Lectures contained vivid experiences from Silicon Valley CEOs and company tours boosted the students' passion for entrepreneurship. In particular, Doyeon Kim, CEO of Simple Steps, which helps prevent career breaks for Korean female immigrants in Silicon Valley and allows talented female immigrants to demonstrate their abilities in society, said, “As a KAIST alumna entrepreneur, it was meaningful to share my experience with this generation of students who dream of starting a global business and creating social enterprises in the United States.”
This program also included a tour of Silicon Valley's big tech companies that have made a significant impact on the digital ecosystem through technological advancement and innovation. This included Broadcom, which maintains a strong global presence in the semiconductor and infrastructure software technology fields. At the invitation of Chairman Hock Tan, GESS participants had the opportunity to attend his lecture and ask questions. Chairman Tan, who received an honorary doctorate in engineering from KAIST last February, emphasized that experiencing failure and giving consistent effort over a long period of time are more important than anything else in order to grow as a global entrepreneur, and that technologies influencing the global market evolve over generations.
< Photo. Group photo of GESS 2024 participants at Broadcom with Chairman Hock Tan (center) ⓒBroadcom>
As part of this program, participants conducted a volunteer program called 'Let's play with AI+ Tech' with the Sunnyvale community in Silicon Valley and Foothill College to help grow together with the community. Through this program, GESS participants cultivated the virtues of a global leader. In this volunteer activity, low-income elementary school students and parents from the Sunnyvale community participated in chatbot training led by KAIST students, providing an opportunity to work with underprivileged groups in the local community.
In the final pitching event, the highlight of the program, local venture investors from Silicon Valley were invited as judges and evaluated the pitches for each team's business items. The participating students, who developed their own business models while receiving advice through face-to-face mentoring from a professional accelerator in Silicon Valley, showcased their creative and innovative ideas, presenting themselves as future global entrepreneurs. Merey Makhmutova (BS in Civil and Environmental Engineering) from the K-Bridge team, who won the final pitch, expressed her ambition: “Even before GESS pitch day, our team kept refining the pitch deck as we attended the lectures and benefitted from the mentoring. Our intense teamwork was a significant reason why we ultimately won first prize.” She added that K-Bridge aims to win an award at the upcoming UKC Pitching Competition and expressed her gratitude for being able to participate in this program. Arseniy Kan (BS in Electrical Engineering) from the KAIST Enablers team, who took second place, said, “The 2024 KAIST GESS Program became the most unforgettable and precious opportunity of my lifetime, and I dream of using this opportunity as a stepping stone to becoming a global entrepreneur.“ Additionally, Kangster (CEO Kang Kim), who won the Impact MBA final pitching session, had the opportunity to secure a meeting with a local investment company after their GESS final pitch.
The 2024 KAIST GESS was held in cooperation with the KAIST International Office, the KAIST College of Business, and Startup KAIST. Director Man-Sung Yim from the Office of Global Initiatives, who hosted the event, said, “KAIST students will grow into leaders with global influence and contribute to the international community by creating global value. At the same time, we hope to raise the international status of our university.” Professor Sangchan Park, who led the 17 Impact MBA students in this educational program, added, “Meeting with companies leading the global market and visiting Silicon Valley has been a valuable learning experience for students aiming to start a global startup.”
KAIST plans to continue promoting its global entrepreneurship education program by enriching its curriculum each year and helping students grow into entrepreneurs with the virtues of global leaders.
2024.07.03 View 3167 -
KAIST ranked third in the top 100 universities under 50 years old
The Times Higher Education (THE) released on April 30, 2014 its annual ranking of 100 top universities whose history is under 50 years.
KAIST placed 3rd, holding the same spot from last year.
The (THE) 100 Under 50 ranking used 13 indicators across five factors to measure the performance of institutions: research, citations, teaching, international outlook, and industry income. The indicators included research volume and income, reputation, learning environment, staff-to-student ratio, scholarly papers produced, and the percentage of international staff as part of the institution’s faculty.
Phil Baty, editor of the Times ranking, compared younger and older universities as follows:
“Young universities are free to be more agile, lean, and risk-taking, giving them an advantage in a rapidly changing global marketplace. They are also free to offer innovative teaching and focus their research in niche, high-impact areas.”
KAIST and Pohang University of Science and Technology (ranked first) are the only Korean universities that made the ranking list.
For the full list, please go to:
http://www.timeshighereducation.co.uk/world-university-rankings/2014/one-hundred-under-fifty
This information was provided by the Times Higher Education 100 Under 50.
2014.05.03 View 10636 -
World's Largest Web Conference To Be Held in Korea
The 2014 International World Wide Web Conference (WWW 2014), the world’s most prestigious academic conference in the field of web, will be held for the first time in Korea. The conference is to be last for five days at Seoul COEX, from 7th to 11th April. International World Wide Web Conference covers a wide range of web-related areas, including technologies, research papers, services and more. Since the first conference in 1994 in Switzerland, it has been held in various parts of North America, Europe, South America and Asia, attracting more than 1000 experts in the field. The 23rd International World Wide Web Conference is managed by the International World Wide Web Conferences Steering Committee (IW3C2) and co-hosted by KAIST and National Agency for Technology and Standards, as well as sponsored by Korea Information Science Society and the World Wide Web Consortium (W3C). Keynote speakers for this year’s conference include inventor of the World Wide Web, Sir Tim Berners-Lee, senior vice president of Microsoft, Dr. Qi Lu, and Carnegie Mellon University’s Prof. Christos Faloutsos, as well as Samsung Electronic’s vice president Jong-Deok Choi. In addition to WWW 2014, BigData Innovators Gathering (BIG 2014) and Web for Access (W4A 2014) is also to be held in joint. KAIST Computer Sciences Department’s Prof. Jinwan Jeong, in charge of directing this year’s conference, said “From one-sided 1st generation web to two-way 2nd generation web, such as blogs, and then recently to the 3rd generation web, which include social networks and semantic webs, the web technologies has grown vastly over the past 25 years. WWW 2014 will be the opportunity for Korea to discuss with the world about the informatization and future of the web.” Pre-registration for WWW 2014 can be applied at the official webpage for WWW 2014 (http://www2014.kr) before 17th February.
2014.02.14 View 9360 -
3rd EEWS CEO Forum Held
KAIST EEWS (Energy Environment Water and Sustainability) held the 3rd EEWS CEO Forum at KAIST Seoul Campus.
EEWS is a research/education project initiated by KAIST to solve the global issues that the world faces including issues such as: energy depletion, global warming, water shortage, and sustainable development.
The 3rd EEWS CEO Forum is dedicated to providing the opportunity to share the vision and experience on technology and policy for green growth. The forum was founded in 2011 with active participation from Woo Ki Jeong (Director of Statistics), Choi Kwang Sik (Korea City Airport, Logistics and Travel, CEO), Kang Young Joong (Daekyo Group, CEO), Yoo Kyung Sun (Eugene Group, CEO), all experts in the field of green growth.
The forum consisted of presentations and debate on topics such as: international outlook on green growth, development projects based on new renewable energy, battery of electric vehicles, and development of solar cells.
Kim Sang Hyup member of the Presidential Committee on Green Growth started off the series of lectures with the topic of ‘International Outlook on Green Growth’. Kim Joong Gyum CEO of KEPCO followed up with ‘the Future of Electricity Generation Industry and Renewable Energy’, Kim Soo Ryung Director of LG Chemicals gave a talk on ‘Electric Vehicles and the Future of the Battery Industry’, and finally Choi Gi Hyuk CEO of SDN Ltd. gave the final lecture on ‘the Inflection Point of Solar Cell Industry’.
2012.10.16 View 9006 -
KAIST 63rd in 2012 QS World University Ranking
KAIST was ranked 63rd in the 2012 World University Ranking conducted by British University Ranking Institution Quacquarelli Symonds.
The result is an all-time high for KAIST and a quantum leap of 135 places from 198th in 2006.
The criteria are: Student Evaluation (40%), Industry Evaluation (10%), Dissertation Citation per Professor (20%), Professor to Student Ratio (20%), Ratio of Foreign Students (5%), and Professor Ratio (5%).
The most notable improvement was in the ‘Academic Reputation’ criteria where KAIST scored 85.1 points and recorded 68th in the world, an improvement of 17 places from last year.
The Engineering College was ranked 24th, Natural Science College was ranked 48th, Biological Science College was ranked 110th, demonstrating that KAIST has now been established as a world class research oriented university.
The 2012 QS World University Ranking ranked MIT as the best university in the world followed by Cambridge, Harvard, ULC, and Oxford.
Domestically Seoul National University was ranked highest at 37th followed by KAIST (63rd), POSTECH (97th), Yonsei University (112th), Korea University (137th), and Sungkyunkwan University (179th) in the top 200 places.
2012.09.22 View 9072
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Hosting of Third Annual 2012 Social Web International Workshop
KAIST Department of WebScience Engineering hosted the 2012 Social Web International Workshop in JaeJu Ramada Hotel.
The 3rd Annual International Workshop involves the coming together of domestic and international experts on various fields like sociology, journalism, electronics, economics, and etc. to introduce and discuss the direction of social web’s numerous factions.
Dr. Krishna Gummadi (Max Plank Research Institute), Professor Irwin King (Chinese University of Hong Kong), Dr. Winter Mason (Stevens Technology Research Institute), and Professor Daniele Quercia (Cambridge University) made up the international participants of the workshop.
Professor Kim Yong Chan (Yonsei University), Professor Kim Ye Ran (KwangWoon University), Professor Park Ju Yong (Kyung Hee University), Professor Oh Hae Yeon and Professor Lee Won Jae (KAIST) made up the domestic participants to the workshop.
The workshop was a place for free discussion of social networks and apps and the research direction of social sciences.
2012.08.21 View 7231
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Late Dr. Ryu Geun Chul's Achievements and Generous Contributions
First Doctor in the field of Korean Traditional Medicine
The late Dr. Ryu was born in 1926 and is the father figure of Korea’s Traditional Medicine and is its First Doctor (1976 Kyung Hee University), and was the vice-professor of Kyung Hee University of Medicine, Vice-Director of Kyung Hee Institute of Korean Traditional Medicine, and was the first chairman of the Association of Korea Oriental Medicine. He developed the painless acupuncture administering device for the first time in Korea in 1962, and succeeded in anesthetizing a patient for cesarean procedure using acupuncture in 1972.
He even was the first to receive a medical engineering doctorate degree from the Moscow National Engineering School in April of 1996 and developed a stroke rehabilitation machine.
Korea’s Most Generous Donor
Dr. Ryu surprised the world by donating 57.8billion Won worth of real estate to KAIST in August of 2008. Dr. Ryu revealed that his reason for donating such a huge sum to KAIST was due to its focused students giving him the belief that the future of Korea is at KAIST and that the development of science and technology is necessary for Korea to develop into a world class nation and KAIST is the institute most suitable to lead Korea in the field.
Dr. Ryu lived on KAIST campus after donating his entire fortune and even established ‘KAIST scholars and spacemen health research center’ and ‘Dr. Ryu Health Clinic’ as he also wanted to donate his knowledge.
Even when he was a professor at Moscow National Engineering University in the late 1990s he carried out free medical work throughout Korea and in recognition of his devoted work, he was named honorary citizen from Chun Ahn city, San Chung city, and DaeJeon city. In 2007 he donated 450million Won to Cheon Dong Elementary School in Chun Ahn city to build a gymnasium and an indoor golf practice range.
Role as Science and Technology Public Relations Officer
Dr. Ryu volunteered to numerous lectures and interviews after donation to advertise science and technology. His belief that the development of science and technology is necessary for Korea’s development was the driving force behind his efforts at increasing interest and support for the field of science and technology.
In addition, through interviews with MBC, KBS, SBS, KTV, Joong Ang Newspapers, Dong Ah Newspaper and other media mediums, Dr. Ryu improved the public perception on donations whilst increasing the pride of scientists and researchers by highlighting their importance and the importance of science and technology.
In recognition of Dr. Ryu’s efforts, he received the 43rd Science Day Science and Technology Creation Award, 2010 MBC Social Service Special Award, and 2010 ‘Proud Chung Cheong Citizen’ Award.
2011.03.22 View 15177
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Respected Entrepreneur Chung Elected New Board Chairman of KAIST
Moon-Soul Chung, founder and former CEO of Mirae Corp. who is well known as the first-generation venture entrepreneur in Korea, was elected new chairman of the KAIST Board of Directors at the 193rd Regular Board Meeting held on March 20 in Seoul, school authorities announced Monday, March 23.
Born in 1938 in Imsil, North Jeolla Province, Chung graduated from the Oriental Philosophy Department of Won Kwang University. Chung founded Mirae Corp., a semiconductor equipment manufacturer, in 1983 and got his company listed on KOSDAQ and NASDAQ markets later. His business principles stressing transparency, integrity, and technology, earned the respect of Korean businesspeople.
In 2000, he suddenly announced retirement and handed over the presidency of his company to one of his managing directors. One year later, he donated 30 billion won to KAIST. It was by then the largest amount given by a single donor.
In 2007, he was awarded an honorary degree of doctor of engineering from KAIST. He formerly served as chairman of Venture Leaders Club, President CEO of Lycos Korea and chairman of the board of directors of Kookmin Bank.
2009.03.26 View 12441 -
KAIST Students Wins Gold Prize at Technical Idea Contest
KAIST Students Wins Gold Prize at Technical Idea Contest
- Receive the gold prize at the 3rd High-Tech Daejeon Technical Idea Contest for Company Establishment- For the development of a new system to convert complex web page addresses to short and meaningful addresses
Sang-Hoon Kim, Song-Hwa Chae and Dong-Hun Lee of Chemical and Biomolecular Engineering won the gold prize at the prospective company establishment part in the 3rd High-Tech Daejeon Technical Idea Contest for Company Establishment on May 21 for their valuable development of ‘Web Page Address Clipping System’.
So far, simplified web page addresses include special characters, which make the addresses long and complex. That is, the current address simplification service combines meaningless random words and numerals to create addresses when web page addresses are entered. In this case, the addresses are not easy to share with others and reuse several times since they are difficult to memorize.
However, the ‘Web Page Address Clipping System’ shortens meaningless long addresses. In addition, the improved address simplification service will provide user’s own addresses, and statistics and ranking to clipping addresses frequently used.
Based on this technology, Kim and Chae are now preparing to open a company called ‘URLClip’ under the auspice of Professor Tae-Yong Yang and Researcher In-Soo Kim, KAIST Entrepreneurship Center. They are also expanding their service areas onto clipping library for individual users, host name services for enterprises, etc. and developing tool bar, RSS service (RSS is an acronym of RDF (or Rich) Site Summary. It refers to a service that automatically and easily provides frequently updated contents such as news and blogs to users), etc. to improve users’ conveniences.
URLClip (http://www.urlclip.net) is a next generation portal site, which is expected to provide a variety of individualized services based on Web Page Address Clipping Service and to be used by many enterprises as well as individual users who wish to enhance their access to useful contents.
“Chemical & Biomolecular Engineering Professor Sun-Won Park has offered lots of helps and supports, so I could decide to commercialize the developed technologies. The application of this technology to real life will allow further comfortable uses of internet to users,” Kim said.
Narae Team received the best prize last April at the 2nd Pre-Star Venture Company-Opening Contest hosted by KAIST and Hanbat Univeristy, and the technology is pending a patent application.
Inquiry:Sang-Hoon Kim, Dep. of Chemical and Biomolecular Engineering, H.P. 010-4754-9947Song-Hwa Chae, Dep. of Chemical and Biomolecular Engineering, H.P. 010-7223-9947Home page: http://www.urlclip.netEmail: urlclip@urlclip.net
2007.06.05 View 14689 -
3rd KAIST Junghoon Cho Academic Award Ceremony
3rd KAIST Junghoon Cho Academic Award Ceremony
3rd KAIST Junghoon Cho Academic Award CeremonyAcademic award to Sehoon Kim, scholarship to Yougdae Kim, Daehyun Kim, Sunchul Park
KAIST (President Nam Pyo Suh) had the 3rd KAIST Junghoon Cho Academic Award ceremony at the conference room in the main administration building, Friday, May 11, at 2 pm with President Suh and the bereaved family attended.
Sehoon Kim, a doctoral researcher at the Agency for Defense Development (ADD) and KAIST graduate, was named as the 3rd recipient of the Junghoon Cho Academic Award in recognition of his achievement that establishes the design method of supersonic vacuum device. The scholarship was granted to Yongdae Kim (doctoral student of Aerospace Engineering, KAIST), Daehyun Kim (master student of Mechanical Engineering, Korea University), and Suncheol Park (senior of the Attached High School to the College of Education at kongju National University). The prize money is 20 million won, and the scholarship amounts to 3 million and 2 million won for university and high school students, respectively.
“Junghoon Cho Academic Award” is a meaningful award established by the donation of compensation money and personal properties, amounting to about 470 billion won, by Donggil Cho, father of the late Ph.D. Junghoon Cho who died at the explosion accident at the Wind Tunnel Laboratory in 2002, ▲ Ph.D. Sehonn Kim
2007.05.14 View 13821 -
3rd Ubiquitous Fashionable Computer Contest
KAIST will be receiving until May 31, Thursday, applications for ‘the 3rd Ubiquitous Fashionable Computer (UFC)’ Contest, which will take place under the title of ‘Enjoy U-life with UFC’.
The contest has begun in 2005 by KAIST and the Korean Society for Next-Generation Computing to raise people’s concern over next-generation computing and to prepare for the upcoming ubiquitous era.
‘UFC’ refers to a wearable computer small and light enough to be worn on human bodies or clothes so that users can use computers with no restriction while moving. This terminology was created by Korea.
The contest includes designated items division and free items division, and not only university students but also general public can participate in the free items division. Teams qualified for the final contest in the designated items division will be offered wearable computer platform and 1.5 million won of production cost. The final contest will take place at the UFC fashion show stage ‘Next-Generation Computing Exhibition’ at KOEX in November.
Hee-Joon You, Co-president of the Contest Committee and a professor of Electrical Engineering, stressed on the future life made joyful by IT technologies by saying, “Considering the title of the contest, we’ve selected ‘games enjoyed with UFCs’ as a mission of the designated items division to combine games, rising software, and wearing computers, hardware.”
UFC is a brand-new field that fuses IT technologies and fashion, seeking the improvement of computer technologies and fashion creation. UFC, a further advanced wearable computer than existing ones, is an important advanced field that leads computer industries in the ubiquitous era.
2007.04.23 View 14026 -
[Unknown] Wins Program Competition
By Taeg-sang Cho
The KAIST Herald December 3, 2003
The 3rd Korean Collegiate Programming Competition took place on November 7 at Sky-city Convention Center, Seoul. This competition is organized by the Ministry of Telecommunication and is sponsored by KAIST, ACM, and Korean Information Science Institution. This year"s preliminary competition consisted of 112 teams from 50 domestic universities, and 53 teams were selected from the preliminaries. In total, sixty teams, including foreign teams, participated in the main competition that took place at the Sky-city Convention Center.
This year"s competition was won by "Unknown" from KAIST; this team is composed of three students: Min-sang Noh, Gih-moon Song, and Joong-geun Lee. Last year"s competition was also won by a team from KAIST.
In this year"s competition, five teams solved all the problems, but "Unknown" was the best in organizing the programs and in employing various concepts into the program. Another team from KAIST, "KIN~" won 4th Prize.
The winner of this competition automatically becomes an Asian representative at the ACM- International Collegiate Programming Competition (ACM-ICPC) along with the winners of collegiate competitions from Japan, China, India, and Iran. The 28th ACM-ICPC is to be held in March 2004.
2004.03.15 View 18952