York University’s YSpace has signed memorandums of understanding with the Korea Business Angels Association and the Seoul AI Hub following a trip to Korea in December. Through the MOUs, YSpace will support Korean startups that are entering Canada and create pathways for Canadian founders to enter the Korean market. The agreements include plans for joint workshops, mentoring sessions, and research commercialization project collaboration. YSpace Director of Entrepreneurship and Innovation David Kwok explained that businesses entering Canada are provided with a range of supports including market assessments, taxation, and physical office space. Programming related to these MOUs is expected to begin later this year.