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Programs

K-Startup Grand Challenge

Transforming Korea's startup ecosystem into a global entrepreneurial hub through attracting and nurturing overseas (prospective) startups

Program
Overview

Eligibility

Foreign nationals with (prospective) startup companies established within seven years

Budget & Scale

Approximately 40 companies

Program Details

Support for accelerating, settlement funds and prize money, business incubation infrastructure, startup visa and corporate establishment support, Korean intern support, etc.

Support Category Content
Business Operations Accelerating - Office space to be provided to selected startup teams
- Business incubation programs (consulting, business networking, education, etc.) Settlement Funds
Settlement Funds - Settlement fund support to be provided to participating teams during 3.5-month incubation period
- Additional 3-month settlement fund support for outstanding teams selected for follow-up support Excellence Team Selection
Excellence Team Selection - Prize money awarded to top-performing teams through demo day Residence and Stay Support
Residence and Stay Support Visa Support - Support for startup-related visa (D-10-2, D-8-4) issuance Employment Support
Employment Support - Korean intern support to minimize business barriers such as language and cultural differences
Corporate and Labor Affairs - Lectures and 1:1 consulting provided: procedural guidance and administrative support for corporate establishment, patents, taxation, and domestic employee hiring
Other Support - Response to inquiries related to housing and daily life in Korea

Program
Procedures

  • STEP 01 Program announcement
  • STEP 02 Application and submission
  • STEP 03 Evaluation and selection
  • STEP 04 Entry support
  • STEP 05 Program implementation

Participation
Guide

Application Period

April - May 2025

Application Method

Online application and submission through K-Startup website (www.k-startup.go.kr)

Required Documents

English application form, English business plan

Contact
Information

KISED Global Expansion Team, Tel. +82-2-2039-1607, 1623
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