Startup Hub ‘Startup Venture Campus Seoul’ Opens Near Hongdae in Seoul

Startups in AI, Beauty·Fashion, and Content·Culture Move In
Global Investment, Collaboration, and Overseas Expansion Drive Open Innovation

The global startup hub ‘Startup Venture Campus Seoul (SVC Seoul),’ which connects startups, investors, and corporations, has opened near Hongdae in Seoul.

The Ministry of SMEs and Startups announced on May 20 that it held the opening ceremony for Startup Venture Campus Seoul and would begin full-scale global open innovation.

SVC Seoul is located at 136 Yanghwa-ro in Mapo-gu and is constructed with two basement levels and 12 above-ground floors, with a total floor area of 13,275 square meters (4,016 pyeong). The first basement level functions as a lounge for exhibitions and events; the first to third floors serve as lounges for large-scale events, lectures, and meetups; the fourth to tenth floors are dedicated to tenant companies; and the eleventh and twelfth floors are designated for relaxation and events.

SVC Seoul is an entrepreneurial hub established to organically connect startups with high potential for international expansion, domestic and global companies, universities, and investors. It will serve as a growth platform for startups in the fields of artificial intelligence (AI), beauty·fashion, and content·culture.

Currently, startups in the A, B, and C sectors with strong potential for overseas expansion and innovation are moving into SVC Seoul. Investment linkage programs with global investment firms such as Antler and Shorooq Partners are also being operated. Open innovation programs with the participation of major domestic and international companies, including Microsoft, Hyundai Motor Company, and Naver Cloud, are also planned.

Collaboration among tenant companies, investment linkage, global acceleration, overseas expansion support, and networking events will be continuously operated to systematically support startups in establishing a foundation for entering the global market.

In her welcoming address, Minister Han Seong-sook of the Ministry of SMEs and Startups stated, “Innovation now begins with the power of connection. We will actively support SVC Seoul to become an innovation platform that connects people and companies, technology and investment, Korea and the world. If the creativity of Korean startups combines with world-class digital capabilities, our country can fully leap forward as a global innovation leader. I hope SVC Seoul becomes the starting point that opens the future.”

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