Samsung is always looking for the ‘next big thing’ anywhere they can find it. Samsung realizes that some of the best ideas come from the minds of young entrepreneurs, so they started the Samsung Global Innovation Center – renamed to Samsung NEXT. The institution provides funding, office space, equipment, and materials these Early Stage Startups or tech entrepreneurs need to transform their idea into reality. David Eun, President and Founder of Samsung NEXT, said that “Samsung continues to embrace entrepreneurship at all levels and this Fund shows our unwavering commitment to support great startups worldwide.”
According to Brendon Kim, VP and Managing Director of Samsung NEXT Ventures, by investing in these startups it helps accelerate their growth and development, ultimately ensuring their success. This also increases Samsung’s access to the many new ideas developed by these techies – after all, this is a…