TIPS operators, equipped with investment resources and capability to identify and incubate startups, selecting prominent startups and connecting them to private funding and government grant to promote highly skilled people`s startup.
Startups within seven years of establishment that have received funding or recommendation from domestic or international private investors
KRW 11.328 billion / Approximately 820 startups
When TIPS operators or other investors make initial investments, nurture, and recommend startups, the government provides matching support for R&D, commercialization fund, etc.* Private angel investment (KRW 100–200 million) + Government matching support (R&D up to KRW 500 million (KRW 1.5 billion for Deep-tech), commercialization & overseas marketing up to KRW 200 million) + Follow-up support (up to KRW 500 million) + Global TIPS (up to KRW 200 million)
Program Name | Eligibility | Support Period | Support Limit |
Commercialization & Overseas Marketing | Startups selected under TIPS (R&D) and Deep-tech TIPS (R&D) | 10 months | Max. KRW 200 million |
Post-TIPS | Startups within seven years of establishment with successful completion of TIPS R&D | 18 months | Max. KRW 500 million |
Global TIPS | Startups seeking overseas expansion that received over USD 200K from foreign VCs | Up to three years | Max. KRW 600 million |
Scheduled for Q1 2025 (varies by sub-program)
Online application and submission via K-Startup website (www.k-startup.go.kr)
Application form, business plan, and other required attachments