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📣THE K-STARTUP GRAND CHALLENGE 2022 – TIME FOR STARTUPS TO REACH OUT TO ASIA📣
𝐊-𝐒𝐭𝐚𝐫𝐭𝐮𝐩 𝐆𝐫𝐚𝐧𝐝 𝐂𝐡𝐚𝐥𝐥𝐞𝐧𝐠𝐞 𝟐𝟎𝟐𝟐 is back with numerous benefits for promising startups who have a clear objective to expand into Asia by using the Korean market as a stepping stone!
𝐊-𝐒𝐭𝐚𝐫𝐭𝐮𝐩 𝐆𝐫𝐚𝐧𝐝 𝐂𝐡𝐚𝐥𝐥𝐞𝐧𝐠𝐞 is a global startup competition held annually by the Korean Government since 2016. With 𝟏𝟎,𝟎𝟎𝟎+ applications from 𝟏𝟓𝟏 nations, 𝟏,𝟐𝟓 𝐛𝐢𝐥𝐥𝐢𝐨𝐧𝐬 𝐔𝐒𝐃 of Investments.
Moreover, 𝐊-𝐒𝐭𝐚𝐫𝐭𝐮𝐩 𝐆𝐫𝐚𝐧𝐝 𝐂𝐡𝐚𝐥𝐥𝐞𝐧𝐠𝐞 has opened up a wide opportunity for all startups, and affirmed it’s position.
𝐈𝐭’𝐬 𝐧𝐨𝐭 𝐣𝐮𝐬𝐭 𝐚 𝐜𝐨𝐦𝐩𝐞𝐭𝐢𝐭𝐢𝐨𝐧, 𝐢𝐭’𝐬 𝐚 𝐠𝐚𝐭𝐞𝐰𝐚𝐲 𝐭𝐨 𝐀𝐬𝐢𝐚!
👉🏻 𝐖𝐡𝐨 𝐜𝐚𝐧 𝐚𝐩𝐩𝐥𝐲?
Startups that are less than 7 years old or Pre-entrepreneur whose representative holds a foreign nationality (not in Korea).
Promising startups with a clear objective to expand into Asia by using the Korean market as a stepping stone.
🏆𝐆𝐫𝐚𝐧𝐭𝐬 𝐟𝐨𝐫 𝐓𝐨𝐩 𝟏𝟎 𝐒𝐭𝐚𝐫𝐭𝐮𝐩𝐬🏆
1st Prize: $120,000 (₩132,000,000)
2nd Prize: $70,000 (₩ 77,000,000)
3rd Prize: $40,000 (₩44,000,000)
4th Prize: $25,000 (₩27,500,000)
5th Prize: $15,000 (₩16,500,000)
6-10th Prize: $10,000 each (₩55,000,000)
😍𝐁𝐞𝐧𝐞𝐟𝐢𝐭𝐬 𝐚𝐭 𝐚 𝐆𝐥𝐚𝐧𝐜𝐞😍
A total of 60 teams will be selected to participate in the 3.5-month Startup Accelerator Program with funding up to $11,136/team.
Moreover, during your stay in Korea, all Startups will receive additional support from the organizers, connecting with leading investment funds in Asia; receive support from the Korean government to settle and do business in Korea; project office right in Pangyo technology valley; to research, develop and test products in the research room with experts; receive advice and support from experts in large Korean and Asian companies; connect and cooperate with important partners in the Korean market; Korean Intern program also plays as an equally important role; as well as living expenses for the first 3.5 months.
The final result of the Demo day, the Top 30 Startups will participate in the Korean startup support program in the next 3,5 months, with a support budget of up to $11,136/team. Plus, the Top 5 Startups overall will be eligible for extra grant money.
𝐊-𝐒𝐭𝐚𝐫𝐭𝐮𝐩 𝐆𝐫𝐚𝐧𝐝 𝐂𝐡𝐚𝐥𝐥𝐞𝐧𝐠𝐞 𝟐𝟎𝟐𝟐 is now open!​
📆 Application Period: April 15th – May 31st, 2022.
📌Apply now ► https://www.k-startupgc.org/
If you have any questions about the competition, please do not hesitate to connect with us via