Author: KSGC
Date: 15/04/2022
Target: Startups
Introduction
K-Startup Grand Challenge is a startup acceleration program hosted and financed by the Korean government. The program is designed to attract talented entrepreneurs and promising global startups to do business in Korea.
Qualification
Startups that are less than 7 years old or Pre-entrepreneur whose representative holds a foreign nationality.
Promising startups with a clear objective to expand into Asia by using the Korean market as a stepping stone.
Schedule
Application: Apr 15- May 31
Application Review: Jun7-Jun10
Global Auditions: Jun20-Jun24
Final Result Announcement: Jun 30
Accelerating Program: Aug 1-Nov 15
Demo Day: Nov 9-Nov 11
Follow-up Support Program: Jan 15-Jun 30 2023A
Benefits
- Acceleration by local accelerator (3.5 months)
- Mentoring, consulting, BM developing, localization, business meetings with Korean companies
- Free office and project space in Pangyo
- Corporate sponsorship and support
- Korean interns support
- Help Desk & Visas
Total of $320,000 prizes for top 10 winners
Living expenses $11,136 per team