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Programs

Second Chance Startup Package

KISED discovers [Pre-] re-founders with constructive failure, provides them with complete support including re-challenging education such as analysis of the reason for failure, mentoring, and commercialization funds.

Project
Summary

Eligibility

[Pre-] re-founders or CEOs of companies less than three years of re-establishment history

Scale of Support

KRW 17.5 billion,

Around 300 projects

Type of Support

Systematic support for the entire process of re-entrepreneurship including re-challenging education, mentoring, commercialization support, incubation, and associative support

Education for re-entrepreneurship

Practical education to analyze the reasons for failure and provide solutions for re-entrepreneurship

Mentoring

Support mentoring services with experts in respective fields

Commercialization

Support costs of commercialization and preparation efforts including the production of prototypes and marketing efforts.

Incubation

Provide office space through R-Camp (Seoul, Busan, etc.) dedicated to re-founders

Networking

Networking between re-founders and experts        

Procedure

  • STEP 01 Recruitment notice for [Pre-] re-founders (Jan~Feb)
  • STEP 02 Application(at the end of Feb) 
  • STEP 03 Screening(~at the end of Apr)
  • STEP 04 Sign a contract(May)
  • STEP 05 Project Execution(May~at the end of Dec)
  •                      

Participation
Method

Application
Period

Refer to public notice

Submission
Document

Business plan, certificate of business closure

Contact

Turnaround Support Category (Ministry of SMEs and Startups)
Pre-Startup & Second Chance Divison, KISED