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Rotherham Welcomes Korean Businesses

posted 10 Aug 2015, 06:45 by RiDO Rotherham   [ updated 12 Aug 2015, 00:56 ]
Rotherham has welcomed a number of new businesses from South Korea on the back of a successful trade mission to the region.

In May trade delegates from South Korea signed Memorandums of Understanding with the University of Sheffield and the Sheffield City Region Local Enterprise Partnership (LEP) on a recent visit to the Advanced Manufacturing Park (AMP) in Rotherham. It was the first time a business delegation led by a representative of the South Korean government has visited a British region outside London.

Five companies have now invested in the region, bringing remarkable new products to market, across the fields of emergency medical treatment, soil nutrients in agriculture, aero-drones, an online tutorial platform and tourism – in the form of a project to help visitors handle the British weather.

The companies are receiving initial support from the South Korean Government. They are being housed in one of Rotherham's four enterprise centres – the borough is recognised as one of the UK's most successful promoters and supporters of new businesses, with multiple awards in the field. The local authority's regeneration arm, Rotherham Investment and Development Office (RiDO) has set up a three-month programme of support and introductions.

The businesses include Ultimate Drone which is developing a new generation of drone – the UD-10X, capable of carrying 30kg of industrial payload.

Three young entrepreneurs are set to launch Umbrella Rental, initially in London and in collaboration with cycle-hire companies and tube stations to use their facilities to site rental machines aimed at tourists caught out by the Great British weather.

Y&S Future is an innovative technology company developing IT software "smart" products and is developing the Lomylife Emergency Medical Service - a small piece of IT tagging, linked to an electronic card or smartphone. It can also be worn in safety helmets.

Entrepreneurs behind Sucseed are developing software that can improve the way nutrients are added to soil. By transferring information automatically via a smartphone or the web, those systems can increase productivity, cut fertiliser use, minimise greenhouse gas emissions and reduce water pollution, cut costs and improve efficiency and overall soil quality.

Netalkers has been created by chief executive Becky Cho and aims to bring together professionals through modern telecommunications, IT and applications such as Skype.

Cllr Denise Lelliott, advisory cabinet member for Housing and Local Economy at Rotherham Council, said: "It is great to see these young companies coming to Rotherham as part of the business accelerator project. I hope they thrive and grow within our business centre and wider business network here in the region."

The May event was put together by RiDO and supported by Sheffield City Region, Sheffield University and private sector partners, including Freeths Law Firm in Sheffield.

TRoom Ltd, a Korean government trade organisation has chosen Rotherham as its base. Founder Dabriel Choi was the driving force behind the mission. He said, "These incoming companies have the potential to change our lives for the better. It's typical of Rotherham's vision – a vision that created the Advanced Manufacturing Park – that it would want to bring them to the UK and support them."