Gwanak-gu Launches Full-Scale Operation of Nakseong Venture Valley Startup Space

Nakseong Venture Startup Center Main Branch and R&D Center, Seoul Startup Cafe Nakseongdae Branch, etc. Establishment of Startup Infrastructure... Accelerating the Creation of an Innovative Startup Ecosystem through Infrastructure Expansion and Various Supports Including Startup Funds

[Asia Economy Reporter Jong-il Park] Gwanak-gu (Mayor Park Junhee) will officially operate the Nakseong Venture Valley startup spaces starting in March as part of the ‘Nakseong Venture Valley Development’ project to foster the area around Seoul National University’s back gate and Nakseongdae as a startup hub.

The startup spaces serving as key bases for Nakseong Venture Valley include three locations: ▲Nakseong Venture Startup Center Main Branch (2 Nakseong-daero, Gwanak-gu) ▲R&D Center Branch (38 Nakseong-daero, Gwanak-gu) ▲Seoul Startup Cafe Nakseongdae Branch (Nakseongdae Station).

The Nakseong Venture Startup Center Main Branch is newly constructed on the site of the former Veterans Hall, featuring a natural-friendly building in neutral gray tones with one basement floor and five above-ground floors, totaling 688㎡ in gross floor area. The R&D Center Branch has been remodeled and refreshed with a size of 165㎡.

The main branch consists of ▲Basement 1: coworking space and meeting rooms ▲1st floor: shared cafe ▲2nd floor: open office space and meeting rooms ▲3rd to 4th floors: independent office spaces ▲5th floor: operator office and consultation rooms. It houses 13 companies with 49 employees working there.

The R&D Center Branch is composed of independent office spaces and meeting rooms, accommodating 2 companies with 20 employees.

The companies residing in the main branch and R&D Center Branch total 15, including those specializing in dementia prevention, education, eco-friendly technologies, digital new drugs, smart home care, and platform development. They were selected through a comprehensive screening process with a competition ratio of 2.8 to 1.

Resident companies are provided with affordable workspaces and can also use shared cafes, meeting rooms, and rest areas.

Additionally, various programs supported by specialized institutions to strengthen startup capabilities are offered, along with mentoring, consulting, and demo days that provide opportunities for investment attraction.

The Seoul Startup Cafe Nakseongdae Branch, located inside Nakseongdae Station, spans 112.42㎡ and includes a networking space, meeting rooms, and a digital media room used for popular YouTube filming.

It operates on weekdays from 9 a.m. to 10 p.m., offering basic startup education and consulting, as well as unique programs such as creator development through the media studio, exclusive to the district.

Until now, Gwanak-gu has operated the ‘Gwanak Startup Space’ since April last year to promote early growth and stabilization of the Nakseong Venture Valley project, providing startup spaces, mentoring, consulting, and various startup support programs to a total of 11 companies.

As a result, it has achieved sales of 354 million KRW, investment attraction of 300 million KRW, and various support funds amounting to 200 million KRW, along with notable achievements such as 33 intellectual property rights and venture company certifications.

The district plans to actively cooperate with Seoul City to create synergy in developing Nakseong Venture Valley by remodeling the Nakseong Venture Startup Center and the existing Gwanak Startup Space into the Gwanak Startup Center, which will open in September.

Mayor Park Junhee stated, “With the official operation of the Nakseong Venture Valley startup spaces, we expect the development of Nakseong Venture Valley to gain significant momentum. We plan to continuously expand startup infrastructure and provide various support through agreements with investors and the establishment of startup funds to foster the growth of startup companies.”

This content was produced with the assistance of AI translation services.