Jungjingong Opens Korea Startup Center Platform... Recruiting Participating Companies

KSC Integrated Platform Construction... Project Participation, Office Space Application, and Information Provision

[Asia Economy Reporter Kim Cheol-hyun] The Ministry of SMEs and Startups (Minister Kwon Chil-seung) and the Korea SMEs and Startups Agency (Chairman Kim Hak-do, hereinafter KOSME) announced on the 21st that they have newly opened an integrated platform for the Korea Startup Center (hereinafter KSC) project, which supports the globalization of startups within 7 years of establishment, and are recruiting companies to participate in the project.

Currently, KSCs are established in seven countries including Seattle, USA; New Delhi, India; Singapore; Stockholm, Sweden; Helsinki, Finland; Tel Aviv, Israel; and Paris, France, and are operated collaboratively by KOSME and the Korea Institute of Startup & Entrepreneurship Development.

KOSME is responsible for supporting localization through bases by strengthening the capabilities of companies entering overseas markets, including local corporation establishment, investment attraction support, overseas certification and patents, and linking cooperative projects. The Korea Institute of Startup & Entrepreneurship Development is in charge of programs such as accelerating, consulting, promotion and marketing, and local networking for market exploration and entry.

Startup companies considering overseas expansion but without separate offices abroad can check the vacancy status of independent rooms and shared offices operated by KSC and apply for use. In addition, the integrated platform will provide information such as success stories and interviews of KSC graduate companies, economic status by country, experts’ local entry strategies, specialized industries of each center, and the status of business agreement signings. Startups can also check the cooperative networks of startups in each country that can be utilized when entering overseas markets through this information.

Chairman Kim Hak-do said, "Through the KSC integrated platform, we will provide a one-stop service from business participation application to the provision of the latest information for startups wishing to expand overseas," and added, "KOSME will support startups in various ways so that they can establish and advance customized global expansion strategies."

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