Governments
South Korea passes law allowing multiple voting stocks for startup founders
The South Korean National Assembly passed the "Act on Special Measures for the Promotion of Venture Businesses," allowing unlisted venture...
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Korean Ministry selects venture fund managers worth $245 million to support startups & entrepreneurship
South Korea's Ministry of SMEs and Startups, headed by Minister Lee Young, has announced the selection of a venture fund...
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Korean government’s 10.5 trillion won investment support plan for startups: Will it suffice to combat economic slowdown?
The global economic slowdown and shrinking of venture investment have caused significant distress in the startup ecosystem. In South Korea,...
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Korean Venture Market in Freefall: Government Scrambles to Salvage a Crumbling Investment Landscape
South Korea has recorded a decline of 60.3% in venture investment during quarter one of 2023 compared to last year,...
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Gyeonggido Business & Science Accelerator (GBSA): Driving economic growth & fostering innovation in startup ecosystem
In South Korea, startup ecosystem has been receiving tremendous support from government and private organisations. Gyeonggi Province, located to south...
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Pangyo Techno Valley: A Thriving Startup Hub in Korea
South Korea is an emerging land for startups, and its "Silicon Valley" is the sprawling, state-of-the-art campus of Pangyo Techno...
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Korean ventures & startups lead employment growth, especially for young people & women: Ministry Report
Korean Ministry of SMEs and Startups announced on March 23rd that domestic ventures and startups have outpaced all companies in...
Read moreKorean Ministry of SMEs and Startups to invest over $10 million in startups in 2023
In what could be positive news for the startup ecosystem in Korea amidst the looming recession and cold winter of...
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20 Korean startups to participate in Europe’s biggest tech event SLUSH 2022
Twenty promising Korean tech startups are set to showcase their innovations at 'SLUSH 2022' to be held in Helsinki, Finland,...
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Korea’s ‘Baby Unicorn 200 Nurturing Project’ adds 41 more promising startups for fostering scheme
Korea's Ministry of SMEs and startups' popular 'unicorn' nurturing program 'Baby Unicorn 200 Nurturing Project' has selected 41 additional companies...
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