MenuKSGC PROGRAM
PROCESS
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10th April ~ 18th May - Promotion & Application Period
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19th May ~ 26th May - Application Review
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30th May ~ 2nd June - Global Audition
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15th June - Final Result Announcement
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25th July ~ 10th November - Acceleration Program
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31th October ~ 2nd November - Demoday
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Follow up Support Program
All startups within the qualification may apply during this period
Application Deadline : May 18th, 2023
Experts who are familiar in the startup ecosystem from various industry fields and Korean accelerators will review all applications.
Through virtual meetings, such as Zoom, 180 teams from the submitted applications will be selected for the global audition and each team, for 10 minutes, will have a pitch and Q&A session. The global audition will select final 60 teams to participate the KSGC program.
(Support for living & Daily expenditure : 3,500,000 KRW/month/team)
- The selected 60 teams will be provided with business infrastructures, such as an office space, equipment for product production and service development, test bed, and Asian business culture, consulting on patents, accounting, tax laws etc., pitch training and so on.
- Meanwhile, networking and matchmaking events will be organized throughout the program in order to promote international cooperation between startups, successful local entrepreneurs, distinguished researchers and engineers and large company representatives.
- A Korean intern will be provided for the KSGC participating teams (1 intern per 2 teams) to ease language and cultural barriers while doing business in Korea
The program will organize a highly publicized Demo Day. Through the Demo Day, additional support and prizes will be awarded to the top 20 teams based on their performances and settlement evaluation.
The selected top 20 teams will receive total 12,250,000 KRW of addition funding.