Gyeonggi Province is expanding support for technology startup re-challengers.


On the 6th, Gyeonggi Province announced that it is recruiting prospective and early-stage re-entrepreneurs by the 26th of this month to participate in the ‘2024 Gyeonggi Province Technology Startup Re-Challenge Support Project,’ which provides one-stop customized support from capacity building to commercialization funds for re-startup seed companies, in collaboration with the Gyeonggi-do Economic Science Promotion Agency.


This project supports prospective and early-stage technology startup re-entrepreneurs with excellent ideas by offering various support measures such as commercialization, re-startup education, and business exchanges to help them achieve successful re-startups.


The target applicants are prospective re-entrepreneurs or early-stage re-entrepreneurs within three years who wish to re-start a business in the province.


Gyeonggi-do Technology Startup Rechallenge Support Project Poster

Gyeonggi-do Technology Startup Rechallenge Support Project Poster

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This year, Gyeonggi Province will select and support a total of 15 companies through qualification verification, sincere management evaluation, document review, and presentation evaluation.


Additionally, to help overcome management difficulties of prospective or re-startup companies, Gyeonggi Province will expand the ‘Re-Challenge Success Center’ to the ‘Startup Support Center’ from April this year, allowing technology startup companies to receive support as well.



Baey Sang-sang, Head of the Venture Startup Division of Gyeonggi Province, stated, "We will focus on discovering prospective and early-stage entrepreneurs with high potential for revival and helping them achieve successful re-leaps through systematic support."


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

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