[StartupN] FestivalOn wins 'G-Startup of the Year' at the G-Startup Early Startup Support Program.

Photo provided by FestivalOn (Left: Kim Hyo-seok, Head of Gangwon Creative Economy Innovation Center, Right: Kim Jae-han, CEO of FestivalOn).

FestivalOn Inc. (CEO Kim Jae-han) announced that it won the 'G-Startup of the Year' award in the early startup category at the '2024 G-Startup Integrated Networking' event held at the Orchid Hotel in Wonju on November 14th.

The G-Startup entrepreneurship support program is a major startup funding initiative in Gangwon Province, hosted by Gangwon-do and organized by the Gangwon Creative Economy Innovation Center. It operates in three categories: Pre-startup, Early Startup, and Growth, providing support of up to 45 million KRW. FestivalOn was selected in the Early Startup category within 3 years of its establishment and carried out its business accordingly.

The '2024 G-Startup Integrated Networking' event featured the 'G-Startup of the Year' award and a presentation under the theme 'What did G-Startups achieve this year, and how should we prepare for next year?' During the event, companies shared their achievements over the past year, and excellent businesses presented their panels.

The 'G-Startup of the Year' award was given to the top-performing companies in each category (Pre-startup, Early Startup, and Growth) based on both quantitative and qualitative evaluations, recognizing the most outstanding performance in each type.

FestivalOn Inc. started with the development of event safety technologies and has continuously pivoted to develop spatial information collection and analysis AI technologies, which are being applied to its own safety management solution brand, ‘SA Solution.’ The company’s flagship products include the ‘Safe Care Package For SA Solution’ and ‘Smart Leaflet For SA Solution.’ In particular, the ‘Safe Care Package,’ centered around the Wi-Fi Sensing Module set to be released in 2025, is a disaster safety-focused package solution. It enables real-time monitoring in areas requiring strong privacy protection, such as single-person households, restrooms, and changing rooms, without infringing on privacy. It also sends notifications in case of abnormal situations.

Kim Jae-han, CEO of FestivalOn, stated that this award is a testament to the achievements made as the year comes to a close and that he will take it as motivation to continue working even harder in the future.

Source: StartupN (https://www.startupn.kr)

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