Grenoble and Korea, two innovation strongholds building deep networks and ecosystems
Veronique Pequignat, Director International Actions, Invest in Grenoble Alpes and Hailey Yang the Korean Director of Invest in Grenoble Alpes and KBLA CoChair discuss a deepening relationship between the Capital of the Alps and the Miracle of the Han River.
The two cities share many things despite the difference in size and location, both are deep in semiconductors. Grenoble accounts for 30% of semiconductor professionals in France. Secondly, both cities have impressive startup ecosystems. Finally, both are betting their futures on finding innovative ways to work together, as evidenced by Naver Labs having established the largest AI research center in Europe in Grenoble. Hyundai Motors has also recently concluded its second round of funding for a deep tech startup in Grenoble.
Beyond semicon and startups, Going forward, both Veronique and Hailey expect the Green business opportunities to increase. With both cities being surrounded by mountains, air quality is a key concern. Grenoble has been designated the European Green Capital for its leadership in protecting its local environment. In 2022, delegations from Korea will visit Grenoble to learn and benchmark their environmental protection action plans.
All of these exchanges are basically people-to-people exchanges. Generating as many diverse and challenging roles of talented young people is a key outcome for the Grenoble-Korea Partnership.