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Programs

Startup Scale-Up Package

KISED provides funds and services for promotion of growth, and overcoming the ‘death valley’ of startups in the scale-up phase (3 to 7 years).

Project
Summary

Eligibility

Startup companies between three and seven years of history as of the date of notice

Scale of Support

KRW 127.5 billion,

Around 1,350 companies

Type of Support
Commercialization support

Divide into two groups: ‘scale-up’ and overcoming ‘death valley group and offer tailored support for the growth of technology-based startups in scale-up-stage (between 3 to 7 years) (up to KRW 300 million)

Growth Promotion Support

Operate performance-based programs designed to promote the growth of promising startups using selection and concentration strategies (up to KRW 100 million )

Procedure

    • Notice
      Ministry of SMEs & Startups and KISED
    • Application and Registration (Startups)
      K-Startup
    • Review and Selection
      KISED & Hosting Institution
    • Evaluation of Candidates and Notice of Selection
                             K-Startup Website
    • Submit a Draft Project Plan  and Prepare for a Contract
      Submit a draft project plan, and Secure matching fund for startups
    •       Sign a Contract and

      Offer operating expenses

             KISED, Hosting Insitution & Startup
    • Project Execution
      Startup
    • Midterm (on-demand) Report and Check
      Startup and Hosting Institution
    • Final Report and Check
      Startup, Hosting institution, and KISED

Participation
Method

Application
Period

Refer to public notice

Required
Documents

Project plan

Contact

Director General for Startup Promotion Policy in the Technical Startup Category (Ministry of SMEs and Startups)
Startup Scale-up Division, KISED