KOTRA Opens Shared Offices at Silicon Valley and Tokyo IT Support Centers

First Step for IT Overseas Expansion... "Lightly with Shared Office"

The shared office space of KOTRA Tokyo IT Support Center.

[Asia Economy Reporter Sunmi Park] A shared office for ICT small and medium-sized enterprises (SMEs) interested in entering overseas markets but hesitant due to concerns about local settlement and initial investment costs has been opened in the United States and Japan.

KOTRA announced on the 21st that it has launched shared office services at the IT Support Centers in Silicon Valley, USA, and Tokyo, Japan. The Silicon Valley shared office can accommodate a total of six companies, with a basic contract period of six months and a maximum stay of up to one year. The Tokyo shared office can accommodate a total of ten companies, with a basic contract period of six months and a maximum stay of up to three years.

In addition to offering affordable occupancy services compared to local market rates, the KOTRA shared offices provide marketing support tailored to company capabilities, expert consultations, and local market information services. Companies interested in moving in can apply through the ‘KOTRA Trade and Investment 24’ project application page.

Jung Wooyoung, Head of the Innovation Growth Headquarters, stated, “Through the IT Support Center shared office services, KOTRA will help our ICT companies overcome difficulties encountered in the early stages of overseas expansion and enable them to smoothly settle into local markets.”

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