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The program will select 60 startups that are less than seven years old, whose representatives hold foreign nationalities and wish to establish an innovative technology business in Korea. I encourage global startups to join K-Startup Grand Challenge 2023 and be a part of this innovative journey.
The KSGC committee expects the applicant startup numbers to exceed this year over previous editions. K-Startup Grand Challenge is an excellent opportunity for global startups looking to expand their business to the most advanced market of Korea and further to Asia’s markets for their innovative products and services.
Startups, innovators, and entrepreneurs, who want to experience the business ecosystem in Korea and Asia, should take action soon enough. Korea’s best ICT-based R&D innovation cluster is located on the campus, with a total of 5.27 trillion won (around US$4.2 billion) invested by the South Korean government.
I’ve seen this done numerous times, and the team is always more critical of themselves than you might ever be, but they almost always come up with innovative methods to cut costs while maintaining productivity, often bringing to light opportunities that you probably aren’t aware of. Sanket Shah , CEO, InVideo.
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