• Jacob Fohtung

Series of Interviews in South Korea within 24 Hours!

Updated: Jan 26, 2020

South Korea, the 4th largest Economy in Asia and the 12th in the world was a country that I just had to visit for my independent study during my MBA studies at Babson. In March of 2019, I was able to meet the following experts who provided me with some great insights about the current social impact activities in South Korea

These are the following places and people I met with to help me understand the entrepreneurial landscape in South Korea and some major stakeholders in South East Asia:

This entire trip was planned and organized by Professor Hyun-Sang Shin (Image Below), who is the editor of the Stanford Social Innovation Review (SSIR) Korean Edition and Director of Social Innovation Lab at the Business School. I always cherish his kindness, support and overall hospitality during my short stay in South Korea.

He is also the Associate Vice President of International Affairs at Hanyang University & Ashoka University Change Leaders.

Professor Hyun-Sang Shin of Hanyang University

Hanyang University

Hanyang University (an Image of the building on the Main Campus in Seoul Above) is one of the leading private research universities in South Korea, especially in the field of engineering. The main campus is in Seoul, and its branch, the Education Research Industry Cluster at Ansan, or ERICA campus, is located in Ansan.

I also interviewed the CEO of D3Jubilee Partners, Doug Duckjun Lee (Image Below).

D3Jubilee Partner is a Seoul and San Francisco-based global impact venture capital, is uniquely positioned to redefine the role of capital by investing in tech-based companies with entrepreneurial innovation. D3 has successfully invested in a number of start-ups that provide meaningful solutions to social issues and thereby generate high socio-environmental values in Korea, the USA, South America, Africa, and India.

Doug Duckjun Lee, CEO at D3Jubilee Partners (left), me (middle), and Professor Hyun S. Shin of Hanyang University(Right) at HeyLounge

After meeting with the CEO of D3Jubile Partners, I had a very interesting conversation with Nayoung Kim, Head of Impact Investment at Crevisse Partners (Image Below). Crevisse Partners is an impact venture group based in South Korea tackles impossible problems of the world through innovative technology and business.

Nayoung Kim, Head of Impact Investment at Crevisse Partners
I also had the opportunity to meet with Yoon Suk Won (Image Below), Founder & CEO of Testworks , Inc. with great support and assistance from Zahin Hussain, a consultant at UNDP (The United Nations Development Programme).

Testworks Inc. is a social enterprise and software testing specialized company. They offer various services, which are related to Software testing such as testing courses for training, testing services and consulting. Testworks also trained people with high functioning autism in Korea, which was the first tried program, and they are still researching and developing how to educate those people effectively.

Testworks is also described as an ICT Special Corporate of Software Testing, Education and Consulting. Last year, it got a 1 billion won (the US $890,000) from D3 Jubilee Partners, the company aforementioned above.

Yoon Suk Won, Founder & CEO of Testworks , Inc. (left) and Zahin Hussain, Head of HUGE Ventures, Hanyang University (right))

Finally, I met with Jeongtae Kim (CEO at MYSC), and I was truly inspired by thework that he does to transform social enterprises and many other institutions/organizations across South East Asia and beyond via MYSC.

MYSC (Merry Year Social Company) is a social innovation-focused platform intermediary that provides consulting as well as incubating programs to social enterprises, social economy organizations, public institutions, and private sector organizations.

Jeongtae Kim (CEO at MYSC)

I learned a lot about the trajectory of South Korea's entrepreneurial and investment ecosystem from these amazing individuals under 24 hours, and I hope to share more in detail with respect to the macro and micro- discussion points from these meetings.

More so, I ensure to develop more content this year by traveling and interviewing more people in Asia and Africa. For Asia, this includes Vietnam (I have been there before but I have to do more intensive research), Singapore, Japan, Indonesia, Malaysia, and China. For Africa, the countries that I plan this world adventure will include Ghana, Nigeria, South Africa, and Rwanda.

I hope you’ll join me on this journey. I will also appreciate if you can also support this journey so that I can be able to share more exciting content with you with a specific focus on the growth of Africa (the last frontier of the Global Market).

Looking forward to sharing more content with you. Please subscribe to this blog for more exciting short stories and updates on Jamani

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