2025 Legend Innovation Industry Accelerator held in-depth exchanges with the Suwon City Entrepreneurship Youth Group in South Korea

An international exchange event aimed at connecting the youth entrepreneurial ecosystems between Kaohsiung and Suwon City, South Korea, successfully concluded on August 26 at the MEGABAY startup base. The event, co-hosted by Legend Innovation and guided by the Kaohsiung City Government’s Economic Development Bureau, brought together officials, young entrepreneurs, and startup teams from both cities to strengthen ties, share insights, and explore opportunities for collaboration.

Legend Innovation CEO Alex Chung highlighted MEGABAY’s role as an international startup base, introducing a “Softlanding Program for International Startup Teams” that offers incubation services from short-term residency to full-scale development. Chief Secretary Lin Yuxia of the Kaohsiung Economic Development Bureau emphasized the significance of the Kaohsiung-Suwon sister-city relationship established in 2019, pledging continued efforts to foster an international entrepreneurial environment. Suwon City’s Youth Policy Head Cho Younghee thanked Kaohsiung for its hospitality and expressed hope that youth exchanges will spark new innovations.

The program featured presentations from Kaohsiung startups. Ing Stingless Bee Ltd. founder Bing-heng Lee showcased ecological innovation through stingless bee technology and social enterprise practices, while WOWWOW Technology corporation COO Yunjie Yao demonstrated the application of AIXR technology in digital content and industry solutions. Visitors also experienced interactive showcases, including stingless bee honey tasting and Sports dynamo Co., Ltd’s Sports Power Flywheel, which highlighted Kaohsiung’s strengths in regional revitalization and smart manufacturing.

“For foreigners who want to start a business in Kaohsiung or at MEGABAY, what are the requirements for applying? Are the processes complicated or difficult?”, “What is WOWOW Technology’s business model? Is it mainly B2B or B2C? For example, are the VR games in children’s playgrounds your own products or customized project services?”, “Your presentation mentioned AI monitoring, could you explain further for which part of stingless bee farming the AI technology is applied to?” These questions in the dynamic Q&A session reflected strong interest from Korean entrepreneurs on policy support, business model, and technical applications. Legend Innovation CEO Alex Chung addressed questions and concluded by reaffirming MEGABAY’s one-stop international support, including visa facilitation and mentoring resources, underscoring Kaohsiung’s readiness to welcome global startup talent.

This exchange not only showcased Kaohsiung’s robust entrepreneurial ecosystem but also laid a concrete foundation for future cooperation with Suwon, reinforcing the city’s position as a base for international innovation.