Anand Rajagopalan anandr31

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Applications close 14th June.

Who can apply: 

Promising startups with a clear objective to expand into Asia by using the Korean market as a stepping-stone may register and apply here. 


Why apply for the K-Startup Grand Challenge 2019?


1. Access to state-of-the-art R&D Labs

The challenge will give you access to world-class prototyping, testing facilities and expert support. The Pangyo Techno Valley is an environment where SMEs and startups can mutually exchange information with high-tech technology research institutes and large, global companies.


2. A grant of USD 100,000 for the winner

There is a grant of USD 100,000 (113,000,000 KRW) for the winner, with USD 40,000 (45,200,000 KRW), USD 20,000 (22,600,000 KRW) and USD 6,000 (6,780,000 KRW) for the first, second and third runners up – paid in Korean Won.


3. $10,840 grants for the top 40 startups

The top 40 startups selected will each be eligible for a total funding of $10,840 to cover the cost of living over 3.5 months.


4. Working out of a brand new, centrally located startup campus

The Global Startup Campus is strategically built just 14 minutes from Gangnam – Seoul’s thriving, upscale business district.


5. Expert mentorship

You stand to get special mentorship from some of the world’s top tech companies with experience in taking companies global.


6. Corporate partnerships

The challenge will give you access to Korea’s top tech companies with expertise ranging from smartphones and software to semiconductors.


7. Living expenses for the demo day and settlement programme

Each of the final 20 selected startups in the program will receive a further USD 10,840 to cover living expenses in equal instalments over 3.5 months


8. Potential for additional investment

Startups will have access to VCs and investors who may choose to invest. While the program’s accelerators may make also make equity investments in the most promising startups.


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