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Programs

Rechallenge Startup Package

Supporting successful (pre-) rechallenge startups by providing comprehensive assistance including education, mentoring, and commercialization fund to pre- or early-stage re-entrepreneurs with past failure experiences and excellent business ideas. It also aims to improve public perception of re-challenging entrepreneurship.

Program
Overview

Eligibility

Prospective re-entrepreneurs or rechallenge startup founders within seven years of re-establishment

Budget & Scale

KRW 16.629 billion / Approximately 201 participants

Program Details

Max. KRW 100 million in funding for business operations, rechallenge startup education and mentoring programs

Program
Procedures

  • STEP 01 Program announcement and evaluation

    ① (Prospective) re-entrepreneurs` application

    ② Eligibility screening

    ③ Integrity management assessment

    ④ Document screening and presentation evaluation

    ⑤ Selection and agreement signing

  • STEP 02 Commercialization support

    ① Commercialization fund

    ② Re-startup education and mentoring

    ③ Modules for rechallenge startups

  • STEP 03 Follow-up Support for Excellent Graduates

    ① Commercialization (early-stage startups, scale-ups

    ② Fund for rechallenge startups (via Korea SMEs and Startups Agency)

    ③ Preferential guarantees (SGI, Korea Technology Finance Corporation)

Participation
Guide

Application Period

Scheduled for February 2025

Application Method

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

Required Documents

Application form, business plan, certificate of business closure, and other relevant attachments

Contact
Information

KISED Rechallenge Team, Tel. +82-44-410-1992, 1984, 1983, 176
창업진흥원 네이버블로그 창업진흥원 페이스북 창업진흥원 트위터 창업진흥원 유튜브 창업진흥원 인스타그램