{"id":66297,"date":"2021-10-13T02:50:00","date_gmt":"2021-10-13T01:50:00","guid":{"rendered":"http:\/\/worldscholarshipforum.com\/?p=66297"},"modified":"2023-11-16T10:26:45","modified_gmt":"2023-11-16T10:26:45","slug":"korean-government-k-startup-grand-challenge-2017-entrepreneurs","status":"publish","type":"post","link":"https:\/\/kiiky.com\/korean-government-k-startup-grand-challenge-2017-entrepreneurs\/","title":{"rendered":"Korean Government K-Startup Grand Challenge\u00a0 for Entrepreneurs"},"content":{"rendered":"\n<p>The<strong><a rel=\"noreferrer noopener\" href=\"https:\/\/en.wikipedia.org\/wiki\/Government_of_South_Korea\" target=\"_blank\"> Korean government<\/a><\/strong>\u00a0is sponsoring talented entrepreneurs and promising startups in the\u00a0Korean Government <strong>K-Startup Grand Challenge 2022.<\/strong> Applications are currently invited from promising and determined Entrepreneurs in Asia.<\/p>\n\n\n\n<p>The top-ranked 50 teams selected by the accelerators will be invited to stay in Korea to participate in a four-month accelerating program in Pangyo, located south of Seoul. <\/p>\n\n\n\n<p>At the end of the accelerating program, the government will host a Demo Day to select the top 25 startups from the program. They will get additional financial incentives, and if they establish their businesses in Korea, they will get additional support from the government.<\/p>\n\n\n\n\n\n<h2 class=\"wp-block-heading\" id=\"0-k-startup-grand-challenge-benefits-\"><span id=\"k-startup-grand-challenge-benefits\"><strong>K-Startup Grand Challenge Benefits<\/strong><\/span><\/h2>\n\n\n\n<ul><li>Four-Month Accelerating Program<br>Financial Incentives<br>For the final 50 teams, each team will get $833 (1,000,000 KRW) for audition prize (up to two persons per team).<\/li><\/ul>\n\n\n\n<p>Each of the top 25 startups, selected during the final Demo Day, will receive $27,000 (32,000,000 KRW) if they set up a legal entity in Korea. The top four teams will be rewarded with grants of between $6,000 and $100,000.<\/p>\n\n\n\n<p>Impressive startups may also be offered equity investment <strong>opportunities<\/strong> from accelerators and local VCs. <\/p>\n\n\n\n<ul><li>Free Office and Project Space at <a href=\"http:\/\/kiiky.com\/grants\/\" target=\"_blank\" rel=\"noreferrer noopener\"><strong>Startup<\/strong><\/a> Campus<\/li><\/ul>\n\n\n\n<p> You\u2019ll be able to work in Korea\u2019s new Startup Campus in Pangyo, located within walking distance of many of Korea\u2019s top tech companies, and just a 14-minute subway ride away from the Gangnam district of Seoul. <\/p>\n\n\n\n<p>&nbsp; Furthermore, you\u2019ll be provided with office space for your team, as well as equipment and project space to work on producing or perfecting your product or service. This includes access to a production space filled with 3D printers, hardware testing platforms and more. &nbsp; <\/p>\n\n\n\n<ul><li>Corporate Sponsorship and Support<\/li><\/ul>\n\n\n\n<p> Korea\u2019s largest tech companies will participate through seminars, workshop and 1-on-1 mentoring. If you need any help beyond the scope of the <strong>K-Startup Grand Challenge acceleration program<\/strong>, you may be able to partner with these companies and receive resources and their expertise. <\/p>\n\n\n\n<p>Companies signed on to support you include Samsung, Hyundai Motors, SK, LG, Lotte, GS, Hanwha, Hanjin, Doosan, KT, CJ, Hyosung, Kakao, and Naver. &nbsp; <\/p>\n\n\n\n<ul><li>Visas &amp; Help Desk<\/li><\/ul>\n\n\n\n<p> If you are selected for the <strong>accelerating program<\/strong>, we will make sure your Startup Visa is processed quickly and efficiently. This is part of the government\u2019s OASIS program, aimed at the entrepreneurs. <\/p>\n\n\n\n<p>Beyond help with your visa, you\u2019ll also have access to administrative support, translation, and interpretation, to make sure that you can work effectively while in Korea. <\/p>\n\n\n\n<p>Where Startup Campus in Pangyo Techno Valley, 14 minutes south of Gangnam,<strong> South Korea.<\/strong><\/p>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"1-application-deadline-\"><span id=\"application-deadline\"><strong>Application Deadline<\/strong><\/span><\/h2>\n\n\n\n<p><strong>K-Startup Grand Challenge acceleration program is an annual program. 2022 application deadline is in June 2022.<\/strong><\/p>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"2-application-link-\"><span id=\"application-link\"><strong>Application Link<\/strong><\/span><\/h2>\n\n\n\n<p>Below is the official link to enable you to apply for the K-startup Grand Challenge Acceleration Program.<\/p>\n\n\n\n<div class=\"wp-block-ugb-button ugb-button-wrapper ugb-b1bc66c ugb-main-block\">.ugb-b1bc66c .ugb-button1{background-color:#a36820}.ugb-b1bc66c .ugb-button1 .ugb-button&#8211;inner,.ugb-b1bc66c .ugb-button1 svg:not(.ugb-custom-icon){color:#ffffff !important}<div class=\"ugb-inner-block\"><div class=\"ugb-block-content\"><div class=\"ugb-button-container\"><a class=\"ugb-button1 ugb-button ugb-button--size-normal ugb-button--has-icon broken_link\" href=\"http:\/\/www.k-startupgc.org\/\" target=\"_blank\" rel=\"noopener noreferrer\" title=\"\"><div class=\"ugb-icon-inner-svg\"><\/div><span class=\"ugb-button--inner\"><strong>APPLICATION LINK<\/strong><\/span><\/a><\/div><\/div><\/div><\/div>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"3-we-also-recommend-\"><span id=\"we-also-recommend\"><strong>WE ALSO RECOMMEND<\/strong><\/span><\/h2>\n\n\n\n<ul><li>Guideline for Admission into the Korean Government Scholarship Program(KGSP), 2022<\/li><li>Fully Funded Korean Government Scholarship <\/li><li><a rel=\"noreferrer noopener\" href=\"http:\/\/kiiky.com\/applykorean-government-scholarships-170-bachelors-800-masters-phd-developing-countries-2017-2018\/\" target=\"_blank\">Study In Korea: Korean Government Scholarships for 170 Bachelors, 800 Masters &amp; PhD for Developing Countries 2022<\/a><\/li><li><a rel=\"noreferrer noopener\" href=\"http:\/\/kiiky.com\/2018-korean-government-undergraduate-scholarship-international-students\/\" target=\"_blank\">2022 Korean Government Undergraduate Scholarship for International Students<\/a><\/li><li>700 South Korean Government Scholarship Program 2021 &#8211; Postgraduate<\/li><li>\u00a0Korean Government Scholarships for Bachelors, Masters &amp; PhD for Developing Countries<\/li><li>South Korean Government Undergraduate Scholarship Program<\/li><\/ul>\n\n\n\n<p>Does this article meet your immediate needs? If yes, leave us with a 5-star rating in the Review Box below. 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Applications are&hellip;\n","protected":false},"author":1,"featured_media":162752,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[298,244,81,259],"tags":[1410,153],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v22.6 (Yoast SEO v22.6) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Korean Government K-Startup Grand Challenge\u00a0 for Entrepreneurs<\/title>\n<meta name=\"description\" content=\"The Korean government\u00a0is sponsoring talented entrepreneurs and promising startups in the\u00a0Korean Government K-Startup Grand Challenge 2022.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/kiiky.com\/korean-government-k-startup-grand-challenge-2017-entrepreneurs\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" 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