KOVEX 2001 (Korea Venture Industry Exhibition 2001) was held for four days from April 19, 2001 in the Convention Hall on the fifth floor of EXCO Daegu. Venture firms from Daegu as well as from around the nation took part in KOVEX where they had the valuable opportunity to compare products among themselves and encourage the will to develop new products. For investors, it was also a good opportunity to scout for and foster promising venture companies. A total of 124 companies nationwide including 69 from Daegu, 26 from North Kyongsang Province, 20 from Seoul and 5 from Chungchong Province unveiled new products and technology in 204 booths.

Some 518 foreigners from 40 nations visited KOVEX. The amount counseled for export reached US$3.07 million and the projected amount of contract for domestic consumption reached 1 billion won, which was a lifeline for struggling local venture companies to become revitalized.

Various festivities were presented during the exhibition that caught the attention of the participants. On the first day of KOVEX on April 19, Executive Director Ki-Hyon Joo of Cisco, America's venture hero, illustrated a new trend for the venture companies during his presentation on the success stories of venture companies. Other presenters included President Kyong-Soo Lee of GeniTeck in Daedok Valley, Daejeon, and President Nam-Joo Kim of IC Korea who delivered their success stories and visions to the participants.

During the 'Venture Investment Mart' held on April 20, seven companies chosen through rigorous inspections held seminars on how to attract investments. Among them, SNS Tech, Hanmaek Electronics, and SunnyBell System attracted over 4 billion won in investments.

During the 'e-business start-up school' held on April 21, President Kyu-Eun Chung of Santa Flower, President Je-Wan Jeon of Prechal and President Byong-Hwan Ha of Soho Mart appeared as instructors to win favorable responses from the general public as well as college students interested in starting up their own businesses. In the Robot Football Stadium, meanwhile, students from elementary, junior high and high schools filled the seats throughout the festivities which was relayed through Internet broadcasting.