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2024/01/11

Sparklabs selected 4 startups for batch 22

SparkLabs, the startup accelerator, has unveiled the chosen participants for its Batch 22 program and officially launched its incubation initiative. With over 250 early-stage startups vying for a spot in Batch 22, SparkLabs has handpicked four innovative companies specializing in...

2024/01/10

2024 Super Gap Startup 1000+ Project Launched

The Ministry of SMEs and Startups announced the opening of the 2024 Super Gap Startup 1000+ Project. This ambitious initiative is designed to provide crucial R&D support to promising startups equipped with distinctive technologies within 10 new industries. This year,...

2024/01/09

116 K-Startups Sweep CES 2024 Innovation Awards

A record-breaking 116 Korean ventures and startups are expected to receive innovation awards at the world’s largest IT exhibition, CES 2024, to be held in Las Vegas, USA, from January 9th to 12th. Of these, 91 firms have received government...

2024/01/07

7 Best tourism startups of 2023

The best tourism startups of 2023 have been selected. The Ministry of Culture, Sports and Tourism, in collaboration with the Korea Tourism Organization, recognized and awarded 34 startups that demonstrated outstanding achievements in the tourism sector at the 2023 Tourism...

2024/01/05

South Korea Unleashes Largest-Ever Startup Support

The South Korean government is supporting startups through the KRW 3.71 trillion 2024 Startup Support Program. 99 organizations will participate in the program, with 397 startup support projects. This year’s total budget is KRW 3.71 trillion, up KRW 51.4 billion...

2024/01/04

14 Korean Startups Partner with OpenAI

Fourteen Korean startups are collaborating with OpenAI. The Ministry of SMEs and Startups organized the ‘K-Startup and OpenAI Matching Day,’ which saw the participation of 42 startups, executives from OpenAI, and A.I. experts. Through presentation evaluations, 14 companies were selected....

2024/01/04

New Ministry of SMEs sworn in

The fifth Ministry of SMEs and Startups, Oh Youngju, took office on January 2. The Ministry of SMEs and Startups announced that it held an inauguration ceremony for the fifth minister, Oh Youngju, at the Aulim Hall on the fourth...

2021/11/02

Japan’s Startup Ecosystem is Growing

Softbank is considered to be a big player in the global venture capital market. Startups in which Softbank invested are highly regarded for their potential to succeed in the global market. Coupang is a case in point. Although it is...

2021/10/26

Cultural Understanding Influences Business success in MENA Region

“People in the Middle East spend longer time making decisions than in Korea. Understanding these cultural differences makes business easier.” Tarek Fouad, Head of Growth at Shorooq Partners, advises that understanding the country’s culture is the most critical factor and...

2021/10/19

Going Global: Tips from Launchpad Global Partners

Six international accelerators from the United States, Japan, Singapore, France, the Middle East, and Finland have been participating in Launchpad, a global accelerating program operated by the Korea Creative Content Agency, since June. Launchpad was first started in 2017 as...

2021/10/12

How France Helps Content Startups Scale up

France ranks among the most active European countries in fostering and supporting startups. La French Tech, a government-led startup development policy that started in 2013, established a startup ecosystem across the nation, and France succeeded in emerging as a European...

2021/10/05

Why Finland is a great place for Content startups

In 2019, more than 100 promising startups in Korea accompanied President Moon Jae-in on his trip to Finland. It was to experience the Nordic startup ecosystem and seek opportunities to enter the market. Finland is a small country with 5.5...

2021/09/28

Persuasive Communication is the key to success in the US market

“The success of a startup depends on its persuasiveness” Sun Choi, director of Mind The Bridge Asia, advised that one must develop communication skills in order to survive in the fierce American startup market. While there are many conditions for...

2021/09/21

Why Right Now Is the Best Time Ever for Korean Startup to enter the Singaporean market

“As Coupang succeeded in listing on the U.S. stock market earlier this year, Singaporean investors are paying attention to Korean startups.” Oh Young-rok, CEO of Awesome Ventures, said, “Now is the best time for Korean startups to enter the Southeast...

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