2024 Comprehensive Review of Local Government Startup Support Projects in South Korea
In 2024, local governments in South Korea are working to revitalize the startup ecosystem by announcing various programs and benefits to support startups. Tailored support for prospective and early-stage entrepreneurs is being strengthened in each region, offering a wide range of support from technology-based startups to small business startups. Various support measures such as startup incubation, funding, education, and mentoring programs are available, which are expected to be very helpful for those preparing to start a business.
Seoul
Commercialization Support
- Social Economy Cultural Arts Youth Startup Support Project (Seocho-gu): Support for commercialization funds (up to 20 million KRW), rent (up to 5.4 million KRW), consulting, startup academy, networking, etc., for young people wishing to start a business in the cultural and arts sector in the region.
- Songpa Youth Startup Challenge Project (Songpa-gu): Provides commercialization funding support to early-stage founders (companies) or prospective entrepreneur teams (with representatives aged 39 or younger) located in Songpa-gu within the past 3 years.
- Gwanak S Valley Startup Scale-Up (Gwanak-gu): Provides commercialization funding for technology-based startups within 7 years, including prototype production, promotion and marketing, and intellectual property application and registration.
- Gwanak S Valley Technical Consulting Support (Gwanak-gu): Providing technical consulting linked with the Seoul National University Engineering Consulting Center and others to startups experiencing technology development difficulties within 7 years (conditions for relocation to Gwanak-gu).
Facility, space, and childcare support
- Seoul Startup Hub Gongdeok: Independent office space, investment IR, and networking support for outstanding startups within 7 years (within 10 years for new industries) with potential for investment attraction and global expansion.
- Seoul Startup Hub M+: Startups seeking cooperation with large and mid-sized companies in Magok, global expansion and investment attraction. Support for open innovation, global expansion, investment attraction programs, and independent office spaces for startups seeking to reach the market.
- Seoul Startup Hub Changdong: Support for new media marketing, content production, and domestic and international market development for startups in the creative industry sector in Seoul that are preparing to develop sales channels and expand overseas.
- Seoul Startup Hub Seongsu: Within 7 years, support is provided to ESG startups with residency space, acceleration programs, and investment network connections.
- Seoul Startup Stepping Center: Support for preliminary and startup companies within 3 years of moving in space, testbeds, and commercialization funds (linked to Campustown projects and Edutech Startup Incubation Centers).
- Seoul Startup Center Gwanak: For companies with 2 to 7 years since entrepreneurship and new growth engine sectors, we provide standalone startup spaces (15 offices), open innovation cooperation projects linked with large corporations, commercialization funding, marketing support, investment and consulting support, and more.
- Seoul Startup Growth Center: Within 7 years, companies in advanced technology fields are provided with residency space, project linkage, and support for strengthening corporate capabilities.
- Seoul Startup Center Dongjak: Within 7 years, support is provided to accompanying tech and technology-based startups with residency space, acceleration programs, and investment network connections.
- Youth Startup Dream Center: Support for commercialization funds, VC demo days, networking with resident companies, ongoing business mentoring, and other support for prospective entrepreneurs under 39 years old or under 3 years old (accommodation and meal-type startup incubation center).
- Gangdong-gu Youth Haenam Center (Gangdong-gu): Provided office space for prospective entrepreneurs aged 19~39 within the past 3 years, startup education, mentoring, networking, etc.
- Gwangjin Economic Hub Center (Gwangjin-gu): Facility support, mentoring, and investment support connections for startups within 7 years.
- Small and Medium Enterprise Startup Support Center (Dongjak-gu): Support for office and shared spaces, management consulting, etc., for early-time entrepreneurs within 3 years (manufacturing, IT, computer operation-related industries, etc.).
- Youth Startup Support Center (Dongjak-gu): Support for office and shared spaces, management consulting, etc., for prospective entrepreneurs under 39 and 3~5 years old (manufacturing, IT, technical services, computer operation-related industries, etc.).
- Mapo Business Center (Mapo-gu): Providing incubation services (management, marketing, finance, technical support, etc.) to prospective entrepreneurs or companies within the past 3 years.
- Middle-aged Technology Startup Center (Mapo-gu): Free space, consultation, advice, and education provided to prospective entrepreneurs aged 40 and above.
- One-Person Creative Enterprise Support Center (Mapo-gu): Free space, consultation, advice, and training are provided to (prospective) one-person creative companies within 7 years who have not worked at other companies.
- Seodaemun-gu - University of Seoul Startup Support Center (Seodaemun-gu): Within 3 years, entrepreneurs will be provided with office space, product photography studios, lounges, and support for commercialization, education, investment, and consulting.
- Yangcheon Startup Support Center (Yangcheon-gu): Provides startup education, startup space, hands-on practice for prospective restaurant entrepreneurs, shared kitchen, and barista training center for Yangcheon-gu residents interested in starting a business.
- Eunpyeong Startup Support Center (Eunpyeong-gu): Support for startups within 3 years of moving in space, partial commercialization funding, networking, startup education, etc.
- Youth Startup Center Chungmu Startup Cube (Jung-gu): Support for startup space, education, and consulting for prospective entrepreneurs or early-stage entrepreneurs within the past 3 years.
- Songpa ICT Youth Startup Support Center (Songpa-gu): Provides individual offices and open office spaces for entrepreneurs and prospective entrepreneurs in the ICT sector.
- Gwanak S Valley Startup Space (Gwanak-gu): Provides startup space, startup education, mentoring and consulting, investment attraction, networking, etc. to (prospective) startups within 7 years (within 10 years for new industries).
- Gwanak S Valley Seoul National University Campus Town (Gwanak-gu): Support for startup space, commercialization, mentoring/consulting, investment promotion, marketing, etc., for startups under 39 years old and within 7 years (no age limit for Seoul National University faculty startups).
- Jungnang Startup Support Center (Jungnang-gu): Startup space, education and consulting, and investment attraction support for prospective entrepreneurs or promising SMEs within 7 years (dedicated accelerator on-site, linked to Sungkyunkwan University's Global Startup Graduate School education program).
Mentoring, consulting, and educational support
- Youth Startup Support Center (Guro-gu): Acceleration program support (education, mentoring, space support, networking, post-management, etc.) for prospective entrepreneurs aged 19 and older and those within the past 3 years (preference given to residents of Guro District and business locations).
- Youth Startup Education and Consulting (Guro-gu): Provides basic entrepreneurship education, step-by-step entrepreneurship education, and mentoring to young people interested in starting a business.
- Seoul Startup Cafe Seocho Gyodae Branch (Seocho-gu): Seocho District provides startup education programs, workspaces, and content creation environments for prospective and early-stage entrepreneurs and those interested in starting a business.
Event & Network Support
- Songpa Youth CEO Forum (Songpa-gu): Providing networking and exchange opportunities for (prospective) young entrepreneurs in Songpa-gu.
Global Support
- 2024 Overseas Market Development Team Operation (Guro-gu): Support for booth rental, installation, transportation, interpretation, vehicles, joint expenses, partial airfare/accommodation fees, buyer pre-business matching, and IR pitching capabilities for six ICT companies in Guro-gu (participating in North America's largest ICT expo, 'Las Vegas Wireless Communications Exhibition (WMC)').
Busan
Commercialization Support
- Support for Busan Center for Creative Economy and Innovation: Provides support for Busan's representative startups, residency space, customized acceleration, and opportunities to participate in startup conferences for prospective entrepreneurs and startups within the past 7 years.
- Ace Stella Development Support Project: Companies within 7 years of establishment that have attracted investment of 500 million KRW or more from startup funds, AC/VC, etc., will receive support for commercialization funds such as product improvement, advertising costs, and market research costs.
- Startup Style Tech Support Program: Provides digitalization of products and services, platform utilization, marketing, and promotion support for e-commerce startups in the style sector (clothing, shoes, beauty, living, health, etc.) in the Busan area (clothing, shoes, beauty, living, health, etc.) within 7 years.
- Support from Busan Startup Support Center: Support for startup spaces, technology-based startup nurturing programs, investment attraction competitions, and startup idea competitions for prospective entrepreneurs and startups within 7 years in Busan.
- Support Program for ESG Leading Venture and Startup Companies: Provides ESG leading company certification, commercialization funds, and follow-up support to ESG management support councils for prospective entrepreneurs and startups in Busan who operate in the ESG field.
- Busanjin-gu Startup KeywordDream Support Project (Busanjin-gu): Support for education, consulting, and commercialization funds (facility improvements and rent) for prospective and early-stage startups.
Facility, space, and childcare support
- Startup Space 100: Provides offices for startups within 7 years, coworking spaces for prospective entrepreneurs, early-stage founders within 7 years, or company employees. Education, consulting, mentoring, and acceleration support.
- Centum Technology Startup Town: Provides incubation, consulting, investment, and R&D support to local investment firms and technology startups.
- Didim Space (Busanjin-gu): Rent support for prospective (early-stage) entrepreneurs (differentiated support, up to 2 years).
- Emergency Space (Busanjin-gu): Supports tenant rental fees for tenant spaces and VC growth programs for founders within 7 years.
- Youth Creative Power Plant Shared Office (Busanjin-gu): Provides affordable rent for early-stage startups (organizations) within 3 years to provide space support (up to 2 years).
- Youth Creative Power Plant Cafe (Busanjin-gu): Provides affordable rent to prospective and early-stage cafe entrepreneurs within 3 years with cafe space support (up to 2 years).
- Jeonpo Metro Youth Dream Center (Busanjin-gu): Full support for rent for initial entrepreneurs within 3 years (up to 3 years).
- Suyeong-gu Youth Startup Nest (Suyeong-gu): Startup space (1~2 rooms) and sales channel development (2 million KRW), consulting support for startups under 39 years old, within 3 years.
- Suyeong-gu Startup Incubation Center (Suyeong-gu): Supports startup space, education and consulting, and market development expenses (2 million KRW) for entrepreneurs in the Busan area within 7 years.
- Geumsa Food & Park Food Startup Specialized Space (Geumjeong-gu): Provides food startup space and restaurant startup consulting support to young people aged 19~39 or (prospective) social enterprises, cooperatives, or village business operators who own food service startup items or are prospective entrepreneurs.
- Youth Creative Power Plant Dream Site+ (Geumjeong-gu): Support for prospective entrepreneurs aged 19~39 with excellent business prospects and for entrepreneurs with less than three years of experience, including housing space, professional consulting services, policy funding support, and investment opportunities.
- Youth Startup Culture Village (Geumjeong-gu): Support for startup offices and auxiliary facilities for young prospective entrepreneurs aged 19~39 and entrepreneurs with less than 3 years of experience.
Mentoring, consulting, and educational support
- Support for Busan Startup Promotion District: Support for anchor facility operation (Eurasia Startup Station, acceleration, incubation, networking, etc.) for prospective entrepreneurs and startups within 7 years in the Busan area, customized acceleration (4 districts), and operation of the Busan Eurasia Platform (selection of resident companies, hosting joint events).
- Geumsa Industrial Area Sewing Technology Convergence and Innovation Ecosystem Creation Project (Geumjeong-gu): Support for startup spaces, startup realization projects (education), startup marketing, and community activation for individual aspiring entrepreneurs in clothing manufacturing.
- Maker Revitalization Project: Provides maker education, professional talent development, creative clubs, and maker experience programs for the general public and students (Creation Forest operation).
Event & Network Support
- Asia Startup Expo FLY ASIA 2024: Provides opportunities for conferences, awards, one-on-one meetups, networking, open innovation, and exhibition participation for domestic and international startups, stakeholders, investors, and general visitors.
Workforce Support
- Busan's Leading Small and Medium Venture Youth Job+ Project: To ventures, Innobiz, leading companies, and Busan-type hidden champion companies (with 5 or more employees) in Busan, support for labor costs and training when employing unemployed youth aged 18~39 residing in Busan.
Daegu
Commercialization Support
- C-LAB: Provides commercialization funding support, technical and management mentoring, field-specific training, and business linkage to Daegu-based corporations with less than 7 years of experience.
- Startup Open Innovation: Provides PoC funding, consulting, networking, and follow-up programs to startups based in Daegu with technology holdings within 7 years.
- Daegu Star Venture Development Project: Provided commercialization funding support through customized packages to technology startups with less than 7 years of experience in Daegu (differentiated payment of 40~70 million KRW).
- New Technology Commercialization Project: Customized package support for startups in Daegu with less than 7 years of experience that have outstanding projects needed for project commercialization.
Technology Development (R&D) Support
- Startup Scale-Up Support Project: R&D funding support for companies within 7 years of startups in Daegu's five major future industries (robotics, semiconductors, UAM, healthcare, ABB) (up to 150 million KRW for private investment-linked types, up to 70 million KRW for early-stage corporate types).
Event & Network Support
- Daegu Startup Awards: Networking opportunities are provided to startups, investors, and startup support organizations, and Daegu City awards are given to outstanding startups and founding contributors.
- Daegu Startup Leaders Forum: Within the next 7 years, startups and angel investors are given opportunities to participate in investment briefings and support for attracting investment.
- Support for Revitalizing Investment and IPO in Daegu: Provides support for fund managers (VCs) and local affiliated organizations, IR capability enhancement, technology advancement, and accounting and financial consulting support to companies seeking investment and listing within the region.
Incheon
Commercialization Support
- Support for Youth Startup Challenge: Provides startup capability enhancement programs, commercialization support funds, performance sharing sessions, and follow-up support to prospective young entrepreneurs under 39 years old and within 3 years.
- Support for Youth Overseas Expansion Bases: Supports local young entrepreneurs aged 39 and under 39 within 7 years of overseas expansion acceleration programs, commercialization support, overseas market research, and global partner matching.
- Youth Social Venture Business Development Project: Support for social venture camps, intensive support programs, IR pitching days, and commercialization funding for prospective entrepreneurs under 39 and young entrepreneurs within 7 years.
- Support for open innovation collaboration among large-scale dog companies: Commercialization support and open innovation support for startups within 7 years that can collaborate with large and mid-sized companies.
- Support for the creation of bioclusters: Provides acceleration programs, commercialization support, BM diagnostics, mentoring, consulting, education, and investment attraction to bio startups and ventures (companies located in or with relocation commitment) within 7 years. Commercialization support for bio SMEs located in the region.
- Demonstration Bridge Project: Within 7 years, support for demonstration funding and resources for startups based on bio-convergence and Fourth Industrial Revolution technology.
- Demonstration Commercialization Support Project: Within 7 years, demonstration funds and resource support will be provided to startups based on bio-convergence and 4th industrial revolution technology (subject to relocation of headquarters/research institute in Incheon before project termination).
- Demonstration College Lab: Within 7 years, startups based on bio-convergence and Fourth Industrial Revolution technologies will be provided with university-specialized resources (big data· AI, smart cities, bio, global bio, global expansion, branding & design, future mobility) support for demonstration of utilization.
- Youth Startup Accelerating: Corporate support funds, acceleration, and mentoring programs for young startups within 7 years.
Facility, space, and childcare support
- Sports Industry Startup Support Office: Support for offices, commercialization, and startup incubation for startups in the sports industry sector within 7 years.
- Jung Seo-jin Ara Waterway Youth Startup Space (Seo-gu): Prospective entrepreneurs residing in Incheon (ages 19~39) or registered businesses (within 3 years) who have been registered in Incheon for a single early-stage entrepreneur in Incheon City will receive free use of startup space and support for building an initial startup base of up to 300,000 KRW.
- Namdong-gu Youth Startup Support Center (Namdong-gu): Free startup space provided to young entrepreneurs and prospective entrepreneurs aged 19~39 residing in Incheon (up to 3 years), youth membership operation, youth startup programs, and other support.
Mentoring, consulting, and educational support
- Startup Cafe: Provides Incheon citizens with café space, facility rental, mentoring, startup lectures, startup group support, networking, and more.
- GPjigi Investment Attraction Support Project: Corporate diagnosis, strategy formulation, and R&D consulting support to attract investment from startups located in Incheon within 7 years.
- New Concept Generational Fusion Youth Startup Support: Provides expert matching consulting (up to 4 sessions) and commercialization support for young entrepreneurs or prospective entrepreneurs under 39 years old within the past 3 years.
- Big Data· Support for AI Platform Utilization: Within 7 years, provide platform infrastructure and support (training, technical support) to companies needing big data analysis and AI-based service development.
- Young Startup Incubation: Customized consulting and product and service analysis support for young startups within 7 years (including prospective entrepreneurs) (recommended by existing partner institutions and ACs based in Incheon).
Event & Network Support
- Spark IR DAY: Within 7 years, support for startups in the Incheon area through IR-specialized consulting, IR events, seminars, and outstanding company showcases.
Global Support
- Global Accelerating Mutual Exchange: Tailored consulting, overseas expansion, and support for attracting overseas startups to bio-convergence and 4th industrial revolution technology-based startups within 7 years before the end of the project.
- Support for Global Trade Fair Participation: Within 7 years, startups in the Incheon area (biohealth and 4th industrial revolution technology) will receive support for exhibition booths, participation fees, airfare and accommodation, transportation costs, etc. (support for IFA 2024 and CES 2025 international expos).
Gwangju
Commercialization Support
- Startup Product Demonstration Support: Provides demonstration location, demonstration costs, verification certificate, and follow-up support to startups located in Gwangju within the past 7 years.
- Discovering and nurturing customized prospective entrepreneurs: Provides commercialization funds, startup education, and consulting support to prospective entrepreneurs residing in Gwangju Metropolitan City or companies within the past 3 years.
- Support for Startup Re-Challenge: Provides commercialization funds, re-startup education, and consulting support to prospective re-entrepreneurs residing in Gwangju Metropolitan City or companies within the past 3 years.
- Support for Women's Startups: Commercialization support for companies residing in the Women's Business Support Center Gwangju Center.
Facility, space, and childcare support
- Seogu Startup Center (Seo-gu): 1 year of free rental for prospective and early-stage entrepreneurs (up to 2 years of independent office), 5 independent office rooms, and 6 shared office seats provided.
- Buk-gu Public Rental Housing Youth Startup Space: Free space rental (2 years, 1 extension possible) for prospective young entrepreneurs and young startups within 5 years (preferential treatment for Buk-gu youth entrepreneurs), initial startup support.
Mentoring, consulting, and educational support
- Small Business Startup Package Support Project (Buk-gu): From 2023 onward, customized promotional items and online/offline marketing support for small business owners in Buk-gu.
- Dong-gu Customized Management Consulting (Dong-gu): Dong-gu provides 1:1 customized management consulting by industry and field for small business owners and prospective entrepreneurs (twice).
- Dong-gu Startup School (Dong-gu): Provides startup education (small business class, special food service class, basic/advanced one-person startup class) for small business owners, prospective entrepreneurs, and young people.
- Re-startup Hope Dream Consulting Support Project (Buk-gu): Support for management consulting and solution implementation costs (1,500,000 KRW) for small business owners re-starting in Buk-gu after closing after 2020.
Event & Network Support
- 2024 Gwangju Startup Festival: Opportunities for startups within 7 years to participate in investment, exhibitions, events, and cultural dissemination programs.
Loan and guarantee support
- Special Guarantee for Youth Startups: For young entrepreneurs aged 39 or younger residing in Gwangju Metropolitan City within 7 years of entrepreneurship, a guarantee of up to 50 million KRW (5 years, guarantee fee rate 0.5%) and interest support (3%, 1 year) are provided.
Workforce Support
- Attracting Outstanding Talent and Supporting Labor Costs: Provides wages for outstanding talents (20 people) and outstanding experienced candidates (30 people) and overseas talent system expenses to startups located in Gwangju within the past 7 years.
Global Support
- G-Unicorn Development Support: Support for local companies with a track record of attracting over 500 million KRW in investment within 5 years (up to 200 million KRW), investment promotion, and overseas proof-of-concept (PoC) opportunities.
Daejeon
Commercialization Support
- Marketing support for startups: Support for startups within 7 years in product and brand design, online marketing, participation in exhibitions and fairs, domestic certification and intellectual property acquisition, and marketing strategy formulation.
- Operation of Innovative Startup and Technology Commercialization Platform: Support for commercialization of innovation projects, technological advancement, and media-based R&D commercialization for KAIST students, faculty, startups in the Daejeon area, and small and venture companies.
- Project Y (Western): Provides business funding, promotion, one-on-one startup consulting, and competitions for prospective and early-stage young entrepreneurs aged 19~39.
Facility, space, and childcare support
- Creating a startup ecosystem and operating a startup park: Support for residency space, corporate education, consulting, commercialization, investment attraction, and exchange and mentoring for companies residing in Daejeon Startup Park and local startups.
- Daejeon Startup Growth Campus Revitalization Project: Support for space, support programs, and commercialization funds for startups located in Daejeon Metropolitan City for more than 3 years or companies that have relocated their address within 2 months after signing a move-in contract.
- Seo-gu Youth Startup Support Center (Seo-gu): Free provision of residency space and free use of auxiliary facilities (office equipment, meeting rooms, etc.) for prospective and early-stage young entrepreneurs aged 19~39.
Mentoring, consulting, and educational support
- Startup Incubation Competitiveness Enhancement Project: Customized commercialization and capacity-building education support for resident companies in the startup incubation center, including product production and market development.
- Training Local Creators: Support for running local creator training courses for prospective entrepreneurs (university students).
Ulsan
Commercialization Support
- Young CEO Development Project: Provides startup activity funds, office space, startup education and consulting, marketing support, etc. to Ulsan (prospective) entrepreneurs aged 18~39.
- Support for Youth Startups in Knowledge and Technology: Provided space for startup activities, education, consulting, and business foundation support (intellectual property rights, prototype production, etc.) for 18~39 years in knowledge and technology fields and startups within the last 3 years.
- Corporate Startup Program: Package support for commercialization needs for prospective entrepreneurs or companies within 3 years in energy, power generation, Ulsan's key industries, and related fields (about 10 focused startups, about 10 customized startups).
- Private Collaboration Open Startup Activation Project: Commercialization support funds, mentoring, education, networking, etc., for technology-based startups or startups within 7 years that are located in Ulsan or planning to relocate to Ulsan, including commercialization support, mentoring, education, and networking.
- Ulju Youth Startup Academy (Ulju-gun): 1839 years old, support for startup education, consulting, and startup activity expenses for startups with 1 to less than 3 years. For startups aged 1839 and older with 1 or more but less than 5 years, support for commercialization, marketing, promotion, education and consulting, and environmental improvement.
- Support for University Technology Startup Activation: Provides university technology discovery and commercialization verification, startup consulting, and commercialization funding support for faculty and graduate students utilizing technology at local universities, prospective graduate students, and startup companies within the past 3 years.
- Rechallenge Success Package Support Project: Support for commercialization funds, re-startup education, expert mentoring, and incubation spaces for re-startup companies with less than 3 years of experience (preliminary).
- Startup Leap Package Operation Project: Support for startups in 3~7 years (up to 300 million KRW), business model advancement, and investment attraction linkages.
Facility, space, and childcare support
- TokTok Factory: Providing manufacturing space nationwide (preliminary) young entrepreneurs within 7 years (aged 18~39, moving in and relocating to Ulsan) (Nam-gu, Ulju, Buk-gu, Dong-gu, Jung-gu).
- Youth Startup Support Center (Buk-gu): Provision of manufacturing/office space and acceleration (education, consulting, project expenses) for young people aged 18~39 in manufacturing (prospective entrepreneurs, manufacturing entrepreneurs with less than 7 years of experience, residents of Buk-gu, or business registration in Buk-gu).
- Star Business Center (Buk-gu): Support for business space and technology planning, prototype production, performance analysis and evaluation, and commercialization management consulting for local companies or prospective entrepreneurs.
- Technology Startup Ecosystem Support Project (Ulju-gun): Support for office space, networking, mentoring, and optional programs for technology startups within 7 years of establishment.
- Ulju Dreaming Youth Blacksmith (Ulju-gun): Manufacturing space (60~100㎡), marketing, mentoring, networking, and promotion support for prospective young entrepreneurs or young startups registered for less than 7 years in the area.
- Activation of Startup Incubation Center Operations: Providing space for prospective and startups with less than 7 years of experience, education and mentoring support, and commercialization funding support (Ulsan University, Ulsan Science University).
Match
Commercialization Support
- Gyeonggi (Preliminary) Early-Stage Technology Startup Support: For early-stage technology startups (preliminary) in the province with less than 3 years of establishment, commercialization funds (up to 30 million KRW) and acceleration support (management consulting, investment IR, etc.).
- Gyeonggi Province Support for Technology Startup Re-Challenge: Support for commercialization funds (up to 30 million KRW), education, and startup center operation for prospective re-entrepreneurs and technology startups with less than three years of experience in the province.
- Gyeonggi Province Private Investment-Linked Technology Startup Support: Private sector (operator) Supports commercialization funds (up to 150 million KRW), networking, and operator acceleration support for technology startups within the province that are recommended after investing over 100 million KRW
- Gyeonggi Province University Student Convergence Technology Startup Support: Support for funding (up to 50 million KRW), startup space (joint or individual), mentoring, and startup special lectures for university (graduate) students residing or located in Gyeonggi Province, including prospective and startup companies within the past 3 years.
- Technology Transfer Startup Support: Technology transfer fees and commercialization funding support for startups within the province within 7 years.
- Support for Gyeonggi-do Innovative Open Innovation: Within 7 years, support is provided to local startups in the province with PoC funding, consulting, expert group networking, IR day speech training, and more.
- Crowdfunding Project Support Project (Gunpo City): Support for creating crowdfunding pages and promoting local startups with prototypes and services under 7 years old that are available for sale.
- Private Investment-Linked Technology Startup Support (Seongnam City): Startups based on technology within 7 years in Seongnam City will receive commercialization funding (up to 50 million KRW) (commitment to community donation, support for Seongnam Industry Promotion Agency startup program).
- Seongnam Scale-Up Open Innovation (S.S.O.I) (Seongnam City): Provides commercialization funds (up to 25 million KRW) and specialized program support to startups located in Seongnam within 7 years of technology-based startups to carry out PoC projects.
- Support for IP Product Innovation (Seongnam City): Startups with IP ownership within 7 years of ownership will be provided with product problem-solving and investment support (Korean Intellectual Property Office), improved product design, and follow-up support such as working mockups (Seongnam City).
- Anseong City Youth Startup Public Contest Project (Anseong City): Startup consulting and commercialization funds (up to 30 million KRW) provided to prospective entrepreneurs under 39 residing in Anseong City and early-stage entrepreneurs within the past 3 years.
- Customized Startup Support (Yongin City): Support for prospective entrepreneurs and local startups with less than 7 years of experience in commercialization/marketing funds, mentoring, and customized startup education.
- Support for Deep Tech Prototype Production (Hwaseong City): 10 million KRW in technology commercialization funding to local startups within 3 years (specialized support in 10 super-gap fields).
- Wowmakers Prototype Production Support (Hwaseong City): Mentoring and prototype production costs (5 million KRW) support for prospective entrepreneurs and startups within 6 months of operation.
- Establishment and Operation of Hwaseong City Venture Investment Fund (Hwaseong City): Investment review and corporate investment support for startups in Hwaseong City within 7 years or startups outside the jurisdiction within 7 years that plan to relocate to Hwaseong City within 1 year after investment.
- Support for Accelerating Youth Startups (Anyang City): Provides commercialization funding (20 million KRW, 3 companies), professional accelerator matching, incubation, and investment opportunities to young startups within 7 years.
Facility, space, and childcare support
- Startup Innovation Space: Affordable move-in space for (preliminary) startups within the region (30~50% of surrounding market prices), acceleration (startup discovery, commercialization and marketing support, company diagnostics, technical collaboration, etc.), networking (seminars, demo days), Gyeonggi-do coworking spaces (shared office facilities, mentoring, technical IR, etc.) (Eastern, Southwest, Western, Northeastern, Northwestern).
- Gyeonggi Venture Startup Support Center: Affordable residency space for prospective/startups within 7 years (new industry 10 years) (60~70% of surrounding market value), support for operation of prototype production centers (Seongnam, Namyangju, Uijeongbu 1 & 2).
- Station-G (Ansan) (Ansan City): Free startup space (2~4 people, open, collaborative space) (2~4 people, open, collaboration space) to prospective entrepreneurs and early-stage startups within 3 years (rent and management fees fully covered).
- Startup Lab: Startup space and company support programs (open recruitment) will be provided (open recruitment) to prospective or early-stage startups with less than three years of experience in the province's 4th Industrial Revolution sectors (information security, big data, games/robotics, AI, etc.) (Pangyo, Suwon).
- Startup Incubation Center Operation Support: Commercialization support (prototype production, consulting, domestic and international certification costs, etc.) provided to startups in the province or within 7 years (34 startup incubation centers).
- 28 Youth Startup Office (Goyang City): Supports startups under 39 years old and less than 3 years old with commercialization funds (up to 5 million KRW, 11 companies), prototype production support, acceleration (mentoring, networking, demo days, training operations), etc.
- Startup Incubation Room (Gwacheon City): Located in Gwacheon, providing 6 months (up to 1 year) of residency space for companies established within 3 years and supporting training twice a year. After company growth, plans to link to providing free or half-price office rentals.
- Startup Support Center Resident Company Recruitment (Yongin City): Provides standalone office occupancy and commercialization/marketing funding support to startups within 7 years of business commencement.
- Unicorn Road, Uiwang City Startup Support Space: Provides office space (independent/open, multi-person rooms), training, consulting, demo days/IR, networking, etc. for prospective entrepreneurs and early-stage startups.
- Startup Incubation Center Operation and Support Project (Gunpo City): Commercialization support for prospective entrepreneurs and startups within 7 years (technology development costs, patent application fees, promotional and marketing expenses, etc.), space support (office space, shared meeting rooms and lounges), network support (meetings, seminars).
- Gunpo Startup Open Space Support Project (Gunpo City): For prospective entrepreneurs and startups with less than 3 years of experience, we provide autonomous seating and meeting rooms, free office equipment support (basic 1 year, up to 2 years), network support (meetings), and mentoring (business model improvement, market expansion, market expert consultation, etc.).
- Youth Office (Anyang City): Mentoring education, startup consultations, space support, and virtual office support (lease agreement support) provided to young people, prospective entrepreneurs, and early-stage companies.
- Hwaseong City Startup Support Platform (Hwaseong City): Within 7 years, startups or aspiring startups are provided with shared spaces and facilities such as standalone office spaces, community halls, meeting rooms, networking programs, acceleration programs, and startup counseling centers.
Mentoring, consulting, and educational support
- Social Economy Startup Support: Provides social economy education to Gyeonggi residents interested in social economy. Consulting, business development expenses, and startup support funds are provided to those who have completed social economic education and prospective entrepreneurs (teams) (at the discretion of the city or county).
- Startup Dream Nurturing Program (Yongin City): Support for capacity-building training in business plan writing, marketing, taxation, accounting, and other areas for prospective entrepreneurs and Yongin City startups with less than 7 years of experience.
- Support for Operation of Gyeonggi Startup Hub: Provides startup education, business management, and advanced professional training to youth (university students), startups, and residents (Gyeonggi Startup Campus).
- Practical Startup Academy Education Support Project (Gunpo City): Provides customized training for prospective entrepreneurs and startup company executives and employees at each startup stage (marketing, investment promotion, overseas expansion, accounting/taxation, etc.).
- Innovative Startup Academy 2nd Term (Goyang City): Startup education (idea contest, basic training, customized mentoring, IR pitching demo day, networking day) provided to startups or prospective entrepreneurs under 39 years old.
Event & Network Support
- Gyeonggi Startup Contest of Change and Opportunity: Contests, awards, and consulting support for technology and knowledge industry-based business items to prospective or companies within 3 years (no regional restrictions).
- Goyang IR Day (Goyang City): Providing IR, promotional booth support, and expert consultations (investment consulting, mentoring, support project guidance, etc.) to startups and venture companies within 7 years.
- Goyang Startup Popup Store (Goyang City): Operation of pop-up stores and support for consumer surveys for startups and venture companies within 7 years.
- Bucheon Startup League (Bucheon City): Startups with cumulative investment attracted within 3 years of establishment with less than 1 billion KRW can participate in startup competitions, award outstanding companies, review investments, and provide mentoring support.
- Youth Startup Contest (Anyang City): Provides startup funding (1 million KRW, 8 companies), startup hackathons, startup demo days, lectures, product exhibitions and experiences for prospective entrepreneurs, office workers, the general public, and students (under 7 years of entrepreneurship).
Global Support
- Operation of Global Growth Support Program: Support for overseas exhibition visits to prospective companies under 39 and startups within the past 3 years, and support for participation in overseas investment attraction events for startups wishing to expand overseas within the past 7 years.
- Global Startup Takeoff Operation (Hwaseong City): Accelerate (worth 25 million KRW) and commercialization funding (15 million KRW) to six startups in technology fields within 7 years or top 10 new industries within 10 years.
Gangwon
Commercialization Support
- G Startup Pre-Startup Support Program: Support for commercialization funds and basic startup education programs for prospective entrepreneurs aged 18~39 in the province or entrepreneurs with less than one year of experience (support for science-based technology entrepreneurs).
- G Startup Early Startup Support Program: Support for startup funds and startup education programs (marketing, investment, etc.) for entrepreneurs with less than 1~3 years of experience (support for STEM-based technology entrepreneurs).
- G Startup Leap Support Program: Support for commercialization funds and startup education programs (expanding sales channels, investment, etc.) for entrepreneurs with less than 3~7 years of experience (support for STEM-based technology entrepreneurs).
- Gangwon Local Venture Business Growth Stage Development Project: Support for commercialization funds and startup education programs for prospective entrepreneurs and local venture companies with less than 1~10 years of experience.
- Certified as an Excellent Youth Startup Company (Chuncheon City): For companies founded within 17 years and whose CEO is a young person aged 1,939, certification and promotion support will be provided for two years, priority selection for private contracts, and preferential treatment for SME support projects.
- Support for Startup and Sales of the Pet Industry (Chuncheon City): Provides education and mentoring, startup idea competitions, and commercialization support for prospective entrepreneurs in the pet industry (Chuncheon citizens). For businesses in the pet industry located in Chuncheon, we provide marketing support for market development and consulting for business advancement.
- Gangneung City Youth Startup Hope Nurturing (Gangneung City): Support for startup commercialization funds, mentoring, networking, and educational programs for young entrepreneurs aged 19~39 (prospective) in Gangneung City.
- Hongcheon County Youth Startup Support Project (Hongcheon County): Prospective entrepreneurs aged 19~47 residing in Hongcheon-gun or entrepreneurs with less than 3 years of experience will receive facility improvement support (6 million KRW) and rent (500,000 KRW per month for 2 years) support (excluding restaurant businesses, but restaurants using local specialties are eligible).
- Yeongwol County Startup Incubation Center Customized Support Project (Yeongwol County): Support for prototype production, design, intellectual property rights, and promotional marketing for companies residing at the Yeongwol County Startup Incubation Center.
- Yeongwol Youth Startup Promotion Support Project (Yeongwol County): Startup support for young people aged 18~39 who can start a business in Yeongwol County (up to 50 million KRW, 20% self-payment) (Linked to startup education and support for youth returning from home).
- Empty Store Utilization Support Project for Young and Adult Startups (Cheorwon County): Facility costs (remodeling), equipment purchase support (excluding labor costs), startup consulting, education, workshops, etc. for prospective entrepreneurs aged 18~49 residing in Cheorwon-gun.
- Support Project for Youth Startups and Vacant Store Startups (Inje County): Support for prospective entrepreneurs with remodeling costs, rent, etc. (completion of pre-startup education is mandatory).
Facility, space, and childcare support
- Geunhwa-dong 396 Youth Startup Space (Chuncheon City): Provides startup space and funding support, startup education, and online and offline sales channel support to (prospective) startup teams (led by 19~39 years old) within the last 3 years.
Mentoring, consulting, and educational support
- 'Gangwon-type Venture Fund' Investment Ecosystem Creation Project: Provides customized expert consulting for Gangwon-do venture and startup companies (production of investment attraction materials), forums and investment attraction capacity-building training, fund investment briefings (Gangwon Investment Partners Day), and more.
Event & Network Support
- Chuncheon Startup Expo (Chuncheon City): (Prospective) Entrepreneurs and startups within the past 7 years will have the opportunity to participate in the Startup Festival.
Loan and guarantee support
- Interest-Free Loan Support Program for Youth Startup Funds: Up to 50 million KRW loan and 5 years interest support for 5 years to young entrepreneurs aged 18~39 within 7 years of entrepreneurship in Gangwon Special Self-Governing Province.
Chungbuk
Commercialization Support
- Operation of Chungbuk Content Korea Lab: Support for cultural industry content creation, education, commercialization, and startup programs for prospective entrepreneurs and startups within the past 3 years.
- Support for Joint Research Equipment Utilization by Venture and Startup Companies: Support for fees for utilizing joint research equipment for ventures and startups in the bio sector located in Chungbuk.
- Operation of the Startup Commercialization Demonstration Support Program: Acceleration and customized consulting support for startups within the last 7 years ~ in bio, medical devices, beauty, and general business sectors.
- Customized Support for Outstanding Young Startup Companies: Support for commercialization in technology, promotion, and market development for startups under 39 years old within the past 5 years.
- Secondary Battery Startup Incubation Platform Construction Project: Support for commercialization funds, business demonstration, investment linkage, etc. for prospective entrepreneurs in the secondary battery field or those within 7 years (if selected for startups from other regions, headquarters/research center will be relocated within the province).
- ICT Device Lab Prototype Production and Commercialization Support: Support for prototype materials, production space and equipment, and commercialization (consulting, intellectual property rights, business model planning, etc.) for prospective entrepreneurs, students, and startups related to smart devices.
- Chungbuk Startup Support Project: Preliminary ~ within 7 years, providing support for startups such as education, mentoring, network building, commercialization funding, and funding consulting.
Facility, space, and childcare support
- Chungbuk Startup Statium: For prospective entrepreneurs or those within 7 years, support includes a 39-seat coworking space, video conference rooms, seminar rooms, design editing rooms, mentoring, and meeting rooms.
Mentoring, consulting, and educational support
- Consulting and Incubating Support for Women Entrepreneurs: Provides entrepreneurship education, women's entrepreneurship competitions, and support for commercialization and consulting for prospective female entrepreneurs and early-stage female entrepreneurs within the past three years.
- Operation of Bio Startup Academy: Provides online and offline special lectures related to startups (Bio Benchmarking School, Medtech School) for prospective entrepreneurs, researchers, and students in the biopharmaceuticals and medical device fields.
- Chungcheongbuk-do Public Data Utilization Startup Competition: Hosting a nationwide public data utilization startup competition and awarding prize money, the Chungcheongbuk-do Governor's Award, and startup consulting support to winning entries.
- Operation of Chungbuk Blockchain Promotion Center: Providing opportunities for blockchain online and offline education and participation in technology startup competitions to startups within the last 7 years~.
Event & Network Support
- Chungbuk Startup Nomad Forum: Prospective ~ Within 7 years, startups are provided with opportunities to participate in programs such as startup IR, lectures, meetings, and company visits (monthly regular forum and annual startup festival).
Global Support
- Strengthening Global Capabilities for Startups Overseas Benchmarking: Opportunities for overseas benchmarking (such as visits to global innovative companies and startup support organizations) are provided to prospective entrepreneurs or founders within the past 7 years who have won startup competitions.
Chungnam
Commercialization Support
- Support Program for Middle-aged and Older Entrepreneurs to Make a New Leap: Commercialization support including marketing, education, and networking for prospective entrepreneurs aged 40~64 or startups with less than three years of experience.
- Taean Youth Startup Support Project (Taean County): Support for commercialization of resident companies, startup counseling, and education for prospective entrepreneurs under 45 years old or within 7 years in Taean County.
Facility, space, and childcare support
- Chungnam Startup Marunabi: Provides occupancy space (14 rooms, shared offices) for prospective entrepreneurs or companies within 7 years.
Jeonbuk
Commercialization Support
- Startup Jeonbuk Challenge Project: Provides expert mentoring and commercialization support for startups within 7 years outside Jeollabuk-do in fields such as agricultural bio, special-purpose intelligent machine parts, carbon convergence materials, secondary batteries, and hydrogen.
- Support for Startup Dream Entrepreneurs in Commercialization: Support startup education, mentoring, and prototype production for high school and university startup clubs.
- City and County Young Innovators Preliminary Startup Support Project: Support for startup education, consulting, advanced training, prototype production, market development, and promotion for prospective entrepreneurs aged 19~39 or companies within the past 3 years.
- Support for Operation of Technology Startup Centers for Middle-aged and Older Adults: Support for startup space, expert consultations, education, and networking activities for prospective entrepreneurs aged 40 and over.
- Startup Business Incubation Project: Commercialization funding support (up to 30 million KRW), mentoring, and investment attraction connections for startups within 3 years in new industry sectors.
- Support for Technology Startups Linked to Jeonbuk Carbon Neutrality: In the carbon neutrality field (eco-friendly technologies for resource circulation, carbon reduction, energy efficiency, secondary batteries, etc.), support is provided to startups within 3 years with commercialization funding support (up to 30 million KRW), expert consulting, and investment attraction linkages.
- Jeonbuk-style Startup Package Support Project: Provides commercialization funding support (up to 60 million KRW), educational programs, consulting, and investment attraction connections to startups within 5 years in the technology startup sector.
- Startup Hope Nurturing Project (Gunsan City): Up to 29 million KRW for 24 months and quarterly customized consulting support for prospective entrepreneurs aged 19~39 in the technology startup field and founders within the past 5 years.
- Iksan-type MVP Support (Iksan City): Commercialization funds (up to 20 million KRW), startup education, and specialized programs are provided to prospective entrepreneurs aged 18~39 and young companies within 7 years (nationwide).
- Public-Private Cooperation With Local Youth Startup Support (Iksan City): Commercialization funding (up to 45 million KRW), startup education, and specialized program support for prospective entrepreneurs aged 18~39 and young companies within 3 years (nationwide). SK E&S collaborates with Jeonbuk Energy Service.
- Iksan-type Local Creator Support (Iksan City): Commercialization funds (prototype production, up to 20 million KRW) and startup infrastructure (facility costs, up to 10 million KRW) for prospective entrepreneurs aged 18~39 and young companies within 5 years (nationwide).
- Local Youth Startup Package Support Project (Jeongeup City): Consulting to strengthen startup capabilities and startup funds (15 million KRW for 3 years, 5 million KRW per year, 20% self-funding) for prospective young entrepreneurs aged 18~45 or within 1 year.
- Youth Hope Startup Support Project (Namwon City): Up to 29 million KRW for 24 months and quarterly customized consulting support for prospective young entrepreneurs aged 19~39 (residing in Namwon or able to move in within one month after selection). Three outstanding individuals (teams) will receive additional support next year.
- Youth Startup Support Project (Sunchang County): Support for commercialization funds (up to 20 million KRW, up to 50% of total project cost) to prospective entrepreneurs aged 18~49 (must not have business registration history as of the announcement date).
- G (Gochang)-START UP Startup Support Project for Young and Middle-aged Adults (Gochang County): Support for startup incubation education and indirect startup costs (such as material costs) for young and middle-aged prospective entrepreneurs and early-stage entrepreneurs (1 year to less than 3 years).
- Youth Startup Package Support Project (Gochang County): 15 million KRW for first-year prototype production costs and 50 million KRW for initial second-year funds (30% contribution) for young entrepreneurs nationwide (18~45 years old).
- Regional Industry Customized Job Creation Project (Buan County): Buan County residents will receive startup education (50 hours) and commercialization funding (12 million KRW ~ 7 million KRW) (youth preferred).
- Jangsu-gun Youth Startup Plus Support Project (Jangsu-gun): Support for business remodeling, promotion expenses, etc. for prospective entrepreneurs aged 18~49 or founders within the past 3 years.
Technology Development (R&D) Support
- Data-based service and technology company startup support: Technology development funding (up to 30 million KRW) for data-driven services and technology startups within 7 years, specialized support for data business (IT resources, data consulting, etc.), investment attraction linkage, and promotional support.
Facility, space, and childcare support
- Startup Incubation Center Revitalization Support Project: Within 7 years (preliminary) early-stage startup companies will receive incubation support, facilities and venues, management, tax, and technical guidance, and intellectual property acquisition support (Jeonju University Startup Incubation Center and 16 other locations).
- Handmade Creation Platform Operation and Support Project (Gunsan City): Entrepreneurs aged 19~49 in the handmade creative field (excluding food) in Gunsan City within 3 years (prospective) are provided with startup space, equipment, special lectures, and commercialization support (marketing, etc.).
- Gunsan STAY Youth Startup Housing Support Project (Gunsan City): Deposit and monthly rent support for LH-owned studio apartments for Gunsan City (prospective) entrepreneurs aged 19~39 and young employees of young startups (residents of other cities or counties also eligible when starting in Gunsan).
- Support for Youth (Prospective) Entrepreneurs Purchasing Dream Cars (Iksan City): Up to 50% of vehicle purchase cost, up to 10 million KRW, for prospective entrepreneurs aged 18~39 and young companies within the last 5 years.
- Support for Youth Enterprise Stabilization Facility Costs (Iksan City): Up to 50% of business interior, facilities, and furnishings costs for prospective entrepreneurs aged 18~39 and young companies within the past 5 years, up to 10 million KRW.
- Stable Rent Support for Young Enterprises (Iksan City): Up to 3 million KRW (up to 500,000 KRW per month, 6 months) support for workplace rent to young companies aged 18~39 and within 7 years.
- Jeongeup Youth Startup Challenge Shop (Jeongeup City): Leasing startup space at affordable rent for prospective young entrepreneurs and young entrepreneurs.
- Namwon City Youth and Startup Center 'Youth Maru' (Namwon City): Provides employment and entrepreneurship capacity enhancement education for Namwon youth, youth startup incubation rooms, customized youth startup consulting, youth culture classes, youth networking, facility rentals, and more.
- Support Program for Small Startups (Gimje City): Support for improving the business environment for prospective small business owners in Gimje City (up to 7 million KRW for remodeling), rent support (up to 50% for one year, up to 3 million KRW), consulting support.
- Jinan County Youth Startup Support Project (Jinan County): Support for business remodeling, machinery and equipment construction costs, rent, etc., for prospective entrepreneurs aged 18~49 or those with less than 7 years of experience (registered as Jinan County residents for at least 6 months as of the business announcement date).
- Startup Support Project for Returnees to Farming and Rural Migrants (Jinan County): For prospective and existing entrepreneurs who have lived in another region for over one year and then moved to Jinan County, support for remodeling business facilities and equipment (machinery, etc.).
Mentoring, consulting, and educational support
- Acceleration Program (Iksan City): For beneficiaries of the Iksan-type MVP support (startups within 7 years), we provide education and specialized programs related to investment attraction (including training and consulting to strengthen investment attraction capabilities, investor networking, demo days, etc.).
- Mentoring Program (Iksan City): Step-by-step customized education and mentoring (consulting) support for startup survival to beneficiaries of Iksan-type local creator support (startups within 5 years).
- Youth Startup Program Operation (Jeongeup City): Mentoring programs and education, networking, and resource linkage programs are provided to young (prospective) entrepreneurs aged 18~39 who wish to start a business or are in Jeongeup City.
- Jangsu-gun Young Innovator Preliminary Startup Support Project (Jangsu-gun): Provides startup education, consulting, advanced training, and prototype production support to entrepreneurs aged 39 or younger (prospective) and startups within the past 3 years.
Jeonnam
Commercialization Support
- Ultra-wide Linked Startup Support: 30 million KRW for 1st~2nd year commercialization support for unemployed youth aged 18~39 (material costs, rent, interior costs, etc.), 24 million KRW per year for hiring third-year young workers in labor costs.
- Youth Challenge Startup Support Program: 30 million KRW in commercialization support for unemployed youth aged 18~39 in the first and second years, and 24 million KRW per year for hiring third-year young workers in labor costs.
- Regional Resource-Linked Youth Startup Support: Provides local resource survey activity expenses, startup education, mentoring, and commercialization support (up to 70 million KRW) to prospective entrepreneurs from other cities, provinces, and provinces, or existing entrepreneurs with less than 7 years of experience (under 45 years old).
- Mokpo City SME Startup Incubation Center Support Project (Mokpo City): Provides management support, technical support, intellectual property rights and certification support, marketing support, networking, and other support for resident companies at each startup incubation center.
- Yeongam Meal Kit Startup Support Platform Establishment and Operation (Yeongam County): Commercialization funds (15 million KRW), startup education, and one-on-one dedicated mentoring support for prospective startups related to meal kits using Yeongam County's specialty products.
- Yeosu City Youth Challenge Startup Support (Yeosu City): Yeosu City provides startup support funds (up to 20 million KRW), one-on-one mentoring, startup education (bootcamp), and other support for young prospective entrepreneurs wishing to start a business.
- Customized On-site Consulting for Young Small Business Owners in Yeosu City (Yeosu City): Provides consulting (1.5 million KRW), commercialization support (5 million KRW), and entrepreneur networking to individual business owners in Yeosu with less than 3 years of experience (annual sales of 200 million KRW or less, ages 18~45).
- Hope Bridge Youth Startup Support Project (Jindo County): Startup support funds (up to 15 million KRW) for young people aged 18~49, including entrepreneurship education, marketing, product development, and expert mentoring.
- Shinan County: "Wow! "Behold" Youth Startup Support Project (Shinan County): Startup support funds are provided to young people aged 18~49 who live or plan to reside in Shinan County (up to 30 million KRW for 2 years, with salary support for third-year youth employment).
Facility, space, and childcare support
- Cultural Content Startup Incubation Center: Support for aspiring entrepreneurs and startups in MCN, webtoon, video, and animation fields with 12 rooms, customized startup education in specialized fields, and activation of exchanges.
- Yeonggwang County Youth Startup Support Project (Yeonggwang County): As of the announcement date, startup support funds (up to 10,600,000 KRW, with overlapping support for remodeling and rental fees) are provided to prospective young entrepreneurs and early-stage young entrepreneurs with a residence in Yeonggwang-gun.
Mentoring, consulting, and educational support
- Jeonnam Eutteum Startup Operation Project: Support for prospective and early-stage entrepreneurs in Jeonnam with startup information, community spaces, and one-on-one expert matching consulting.
- Corporate mentor-type startup support: Jeonnam young entrepreneurs within 7 years of entrepreneurship (under 39 years old) will receive 15 million KRW in first-year commercialization support, and 24 million KRW per year for hiring second-year young workers in labor costs.
- Jeollanam-do Social Economy Youth Startup Academy: Provides education on social economy understanding and business model establishment for prospective young entrepreneurs aged 19~45 in Jeollanam-do, as well as one-on-one mentoring and consulting support.
Global Support
- Support for Nurturing Young Global Sellers: Support for overseas online sales startups for prospective and early-stage entrepreneurs aged 18~39 (including professional institution connections, training, sales and marketing support, joint office operation, shipping fee support, sales performance monitoring, etc.).
Gyeongbuk
Commercialization Support
- Support for Deep Development of Young CEOs in Gyeongbuk: Commercialization funds, education, and mentoring support for startups under 39 years old within 3 years.
- Operation of the Northern Region Youth Startup Support Center: Support for startup activity expenses (product production costs, market development and promotion expenses, etc.), startup education, and consulting for young CEOs in the province aged 39 and under 3 years old.
- Gyeongbuk Youth Prospective Entrepreneur Development Support: Support for business capital, product production, market development, and startup consulting for prospective young entrepreneurs under 39 years old or within one year of entrepreneurship.
- New Career Startup Support Project (Gumi City): Provides commercialization funds (18 million KRW), customized mentoring, and prototype production support to entrepreneurs with over 9 years of experience and less than one year of entrepreneurship.
- Gumi-type TIP TOP Top-Level Startup Incubation Project (Gumi City): ACE program support for startups in advanced innovation fields, from technology development to overseas market entry (discovery, validation, commercialization, market entry).
- Y.L.U (YEONGJU LV UP) Project (Yeongju City): Support for local resource research, commercialization, prototype production, startup camps, specialized startup education, and startup spaces for young (prospective) entrepreneurs aged 19~39.
- Youth Enterprise Level Up Academy (Uiseong County): Support for export, marketing, investment attraction, networking, and commercialization funds for young entrepreneurs aged 19~45 in Uiseong-gun (business registration within 5 years).
- Yeongyang County Youth Startup Support Project (Yeongyang County): Startup support funds, education, and consulting support for young people under 49 who have an address in Yeongyang County and are able to start a business.
- Startup Support Project (Andong City): Provides startup activity expenses and customized startup education consulting for each stage of startup growth to early-stage entrepreneurs with less than 1 year ~ outstanding startups with less than 7 years of experience.
Facility, space, and childcare support
- Youth Startup Space Support Project (Gimcheon City): Support for store remodeling costs and rent (up to 10 million KRW) for young people (aged 19~39) residing (or planned to reside) in Gimcheon City.
- Rent Support Project for Young Entrepreneurs (Goryeong County): For early-stage young entrepreneurs operating within 3 years of business operations in Goryeong County, 50% of the rental fee for 6 months (up to 500,000 KRW per month).
- Youth Startup Space Remodeling Support Project (Goryeong County): Up to 5 million KRW in store remodeling costs for early-stage young entrepreneurs operating within 3 years of operating a business in Goryeong County.
Mentoring, consulting, and educational support
- Startup Ecosystem Construction Project (Andong City): Andong City provides support for startups within 7 years to activate corporate networks, establish governance for related organizations, and support for startup education.
- Pre-Startup Academy (Andong City): Regular group consulting, startup education, and market research costs are supported for prospective entrepreneurs in Andong City, and up to 5 outstanding participants receive startup activity funds (up to 10 million KRW).
- Customized Corporate Capability Support Project (Andong City): Implementation of expert mentoring, customized consulting, and demand-based support programs for startups under 7 years old.
Gyeongnam
Commercialization Support
- Support for Youth Startup Activation Specialized at Universities: Provides commercialization funds, investment attraction, and startup space support to young (prospective) entrepreneurs in the province.
- Startup and Venture Investment Attraction Support Project: Corporate briefings, business plan preparation support, IR participation opportunities, and investment attraction support programs for local startups (KDB Next Round, IBK Changgong Plus, etc.).
- Gyeongnam-style Tips: Customized commercialization support (funding, linkage, investment support) for local startups with less than 7 years of experience (less than 10 years in super-gap fields) recommended by Gyeongnam-type TIPS operators after investing over 100 million KRW.
- C-Bluewing Fund Establishment (Changwon City): Investment review and execution for small and medium-sized startups, the 4th Industrial Revolution, and companies in R&D zones, as well as the operation of venture investment matching days and Changchang IR days.
- Support for Youth Technology Startup Allowance (Changwon City): Technical entrepreneurs located in Changwon City for 3 months to 3 years with up to 4.5 million KRW (500,000 KRW per month × 9 months) support for startup activity expenses (debit card used first, refunded).
- Youth Local Creator Development Support Project (Jinju City): Provides customized education, consulting, networking, project funding support, and post-management (childcare, investment, linkage to other businesses) for young prospective entrepreneurs aged 19~39 in Jinju and companies with less than 7 years of experience.
- Jinju City Mother Fund Investment Project (Jinju City): Investment of approximately 100 million ~ 300 million KRW to outstanding startups in the Jinju area with less than 3 years of experience.
- Support for Startups (Prospective Entrepreneurs) (Tongyeong City): Professional mentoring and consulting, startup education programs, and commercialization support for startup companies (prospective entrepreneurs) located in Tongyeong City.
- Geoje City Local Creator Development Project (Geoje City): Support for commercialization funds (15 million KRW in reserve, 20 million KRW within 7 years), professional startup training, and consulting for aspiring local creators in Geoje and those within 7 years.
- Start a business at Goseong School! Support Project (Goseong County): Provides 15 million KRW in indirect costs such as prototype production, operating costs, and space rental for young people (18~45 years old) residing in Goseong County or entrepreneurs with less than 3 years of experience, as well as customized consulting and entrepreneurship education.
Facility, space, and childcare support
- Gyeongnam Startup Metropolitan Area Hub (G-Space@TIPS): Providing networking and investment consultation spaces in areas with high access to metropolitan investors for startups, SMEs, and venture companies in the province.
- Gimhae-style Startup Academy Operation Project (Gimhae City): Provides tenant space, specialized startup nurturing programs, and commercialization funding support to companies and prospective entrepreneurs within 7 years of establishment.
- Gimhae Startup Cafe and Maker Factory (Gimhae City): Free office space support, commercialization funds, startup education, investment support, consulting, etc. for early-stage (preliminary) entrepreneurs. Operation of maker space usage and maker-specialized startup-linked programs.
- Startup Incubation Center Rent Support (Yangsan City): 50% of nursery room rental fee support for companies within 7 years of occupancy at startup incubation centers in Yangsan City (up to 3 years).
- Changwon City One-Person Creative Enterprise Support Center (Changwon City): Provides startup space (office, meeting room, photo studio, etc.), startup education, and commercialization support to (no restrictions on business history) for one-person creative companies located in Changwon (preliminary).
- Geoje City Youth Startup Space (My Dream Space) (Geoje City): Provides startup space support for young people aged 19~39 who wish to start a business.
Mentoring, consulting, and educational support
- Changwon City Startup Support Center (Changwon City): Support for Changchang Technology Startup Academy, mentoring, networking, etc. for prospective or early-stage technology startups located in Changwon City.
- Gyeongnam-style Startup Accelerating: Focused education, networking, investment attraction and demand creation, overseas expansion support, and follow-up investment attraction for technology-based prospective entrepreneurs and startups with less than 7 years of experience in new growth industries (aerospace, energy, defense) in the Gyeongnam region.
- Gyeongnam Youth Prospective Entrepreneur Team Building Support Project: Provides team-building camps, startup education, and professional mentoring for young prospective entrepreneurs.
- Venture Company Certification Support Project: Provides expert consulting (twice) on technology innovativeness by type of venture company verification system for venture companies in the province.
- Crowdfunding Support Project (Jinju City): Crowdfunding education and consulting, and practical funding (reward-type) support for startups under 7 years old located in Jinju City.
- Operation of Geoje City Startup Academy (Geoje City): Provides professional startup education programs, one-on-one counseling, and business linkage for 20 prospective entrepreneurs (citizens preparing to start a business with a commercialization idea).
Event & Network Support
- Startup Tech Show (Changwon City): (Preliminary) Startup companies are provided with startup conferences, venture investment pitching competitions, technology startup competitions, venture investment matching days, investment consultations, corporate promotion booths, and startup consultations.
- Technology Startup Competition (Changwon City): Presentation and awards for startup idea IR presentations and awards to university students, young entrepreneurs, and startups within the past 7 years (linked to the Startup Tech Show).
- Technology Startup Forum (Changwon City): (Preliminary) Entrepreneurs, startup support organizations, and startups will be given the opportunity to participate in a forum to diagnose the current status of the Changwon Special City technology startup ecosystem and explore development plans.
- Gimhae Startup Innovation Center Operation Project (Gimhae City): Provides opportunities to participate in the Gimhae Startup Forum for entrepreneurs and prospective entrepreneurs with less than 7 years of experience, operates the Gimhae Startup Planning Center (G-Meta Town), offers networking spaces, and supports event hosting.
- Startup Accelerating (Changwon City): (Preliminary) Customized mentoring, startup education, business model development, IR training, and commercialization funding (10 million KRW, 5 companies) for founders and technology startups within 7 years.
Loan and guarantee support
- SME Development Fund Loan Support (Technology Startup Enterprise Fund) (Yangsan City): Preferential guarantees and interest support for technology startups and venture companies within 7 years.
Workforce Support
- Subsidy Support for New Employment at Startup Companies: For small and medium-sized enterprises and venture companies in the province with less than 7 years of experience (manufacturing, manufacturing-related knowledge-based services, information and communications) that have attracted investment of 50 million KRW or more within 3 years, up to 3 million KRW per newly hired workforce (up to 5 people) will be provided with wages of up to 3 million KRW per person.
Global Support
- Support for CES Participating Companies (Changwon City): Support for CES participation for startups and venture companies (participation fees, airfare, publicity expenses, interpretation, logistics costs, etc.).
Jeju
Commercialization Support
- Jeju Tourism Startup Development Project: Supports tourism startup acceleration, prize money, follow-up support, integrated marketing, and collaborative projects for tourism startups within 7 years of establishment.
- Operation of Jeju Content Korea Lab: Support for prospective entrepreneurs and startups within the last 3 years by enhancing content and startups.
- Support Project for ICT Companies in the Province: Support for prototype production of ICT-related companies in the Jeju region within 3 years, and advancement of products/services for ICT-related companies within 7 years to expand the market.
- Support for Women's Community Startup Incubation: Up to 15 million KRW in startup incubation expenses (up to 40% support for equipment purchase) will be provided to a prospective startup team of five or more women from career interruptions or vulnerable groups.
- Promoting Startups Based on Intellectual Property: (Preliminary) For founders and startups within 7 years, the IP Narae Program (IP technology management convergence consulting, up to 25 million KRW, 30% company contribution), 3D model design and post-processing support (600,000~900,000 KRW, 20% self-funding).
- Customized Support Program for Innovative Startup Growth: Supports startups within 7 years with business diagnosis and growth coaching, tailored support by growth stage (technology development advancement, commercialization), commercialization of excellent startup ideas, prototype production, market analysis, market development and marketing, startup education, and more.
- Youth Startup Scale-Up Support Project: Support for young companies within 7 years (with representatives aged 39 or younger) including strengthening IR investment capabilities, management consulting/mentoring, product advancement development, marketing and market development, hosting demo days, and linking investment attraction.
- Support for Young Farmer Startup Incubation: Support for processing costs, promotion costs, and education expenses necessary for farming startups in the province for young farmers aged 19~45.
- Fisheries Industry Startup Investment Support Project: For startups established within 5 years in the Jeju region with annual sales under 2 billion KRW, prototype development and production, technology and management consulting, design improvement, and marketing support. Support for nurturing new startups in Jeju for 2024 startups and prospective entrepreneurs.
- Youth Startup Farmer Farming Settlement Support Fund (Jeju City): Monthly support for up to 3 years to young farmers aged 18~40 with less than 3 years of independent management (1.1 million KRW for 1st year, 1 million KRW for 2nd year, 900,000 KRW for 3rd year).
- Youth Startup Farmer Agricultural Settlement Support Fund (Seogwipo City): Monthly support for up to 3 years to young farmers aged 18~40 with less than 3 years of independent management (1.1 million KRW for 1st year, 1 million KRW for 2nd year, 900,000 KRW for 3rd year).
Mentoring, consulting, and educational support
- Tamna Digital Creation Studio Operation Project: (Preliminary) Creative space open to founders and students (Fab Lab), digital equipment education, prototype production, and commercialization support.
- Jeju Resource-Utilizing Startup Support Project: Support for business feasibility review and commercialization consulting, startup procedure agency, and factory establishment procedures for prospective entrepreneurs utilizing Jeju resources and companies within 7 years.
- (Preliminary) Social Enterprise Startup Incubating Support Project: Ongoing consultation for prospective and existing social enterprise founders, support for operating social economy foster schools, etc.
Loan and guarantee support
- Youth Business Startup Doodream Zero Guarantee Fee Project: Support for special startup doodream guarantee fees for small businesses and small business owners within one year of establishment (with representatives aged 39 or younger) (one first new guarantee, 2 years).
- Startup Dodream Special Guarantee (Small and Medium Enterprise Development Fund): Low-interest credit guarantee support for small businesses and small business owners within one year of establishment (20~50 million KRW per company).
Sejong
Facility, space, and childcare support
- Sejong Childcare Space Operation Project: Provides office space, startup programs (education, mentoring, etc.), networking, and other support for prospective entrepreneurs and startups within 7 years.
- Sejong Startup Incubation Center: Support for office space, commercialization support, startup programs (consulting, mentoring, etc.), networking, etc., for prospective entrepreneurs and startups within the past 7 years.
Mentoring, consulting, and educational support
- Sejong Startup Venture Package: Provides PPS innovative product designation consulting, accreditation testing and certification support, and product advance distribution support to startups under 7 years of service located at Sejong City headquarters.
- Sejong Startup Growth Investment Support: For venture or technology (management) innovative unlisted SMEs in Sejong with less than 7 years of experience seeking investment, support includes 1:1 dedicated mentoring, education, investment and financing consultation and networking, IR demo days, and direct and indirect investments (over 150 million KRW).
Event & Network Support
- Operation of Sejong Startup Support Agency Collaboration Program: Provides startup support programs and opportunities to participate in Sejong City Startup Week for Sejong citizens, (prospective) entrepreneurs, startup support organizations, and related parties.
- Support for Growth of Sejong Corporate Local Creators: Monthly pitching, lycon pairing, and participation in the selection of Local Creator of the Year for local innovation entrepreneurs and (prospective) local creators in the Sejong City lifestyle sector.