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START UP PARK INCHEON

  • KOREAN

Going Global

Global Programs
  • Global partner
  • Global Programs
  • Boom-up Festival

Global Programs

  • Boost Startup Journey
  • Supports for Tenant Companies
    at the Incheon Startup Park

May to December 2020
  • Global startup support entities (6 companies) and Incheon Startup Park tenants (30 companies)

Project Content

Purpose
  • Operation of specialized lifecycle support programs for startups through the selection of specialized startup support agencies
  • Discovery and cultivation of innovative companies through specialized startup support agencies
  • Establishing a global startup ecosystem to support overseas advancement
Support Target
  • 30 startups linked to domestic and foreign startup support agencies with the capacity to foster global startups
Project Plan
  • Recruiting 6 startup support agencies and 30 supported companies
  • Program Demonstrations for promising startups with products and services
  • Investment Operating specialized programs to support global advancement

Support Details

1
Global Startup Development Program (Matching startup support agencies in specialized fields)
  • - Startup support programs such as domestic and international educations and mentoring
  • - Global startup support agencies such as commerce incubating programs, unicorn finders, open innovation programs, and EDGE programs
2
Support linked to Startup Park tenancy and programs - Support for tenant space: Incheon Startup Park
  • ※ Period of tenancy : up to 4 years, extended annually through evaluations
  • ※ Tenant fee : Full rental fee support (management fee excluded)
  • - Shared facilities at the Incheon Startup Park
  • - Periodic meetings for tenant company collaborations and sharing information
  • - Linkage to funds dedicated to Incheon Technopark projects
3
Scale-up Program for Global Startup Support Agencies - Direct Investment: 18 companies, 280 million won in total
  • - Participation in Startup Park Demo Day (all selected startups)
  • - Participation in International Demo Day (all selected startups)
  • - Networking meetings for all Startup Park tenants and support agencies
  • - Support for domestic and foreign patent applications (12 companies)
  • - Support for selection of overseas startup support programs (6 companies)
  • - Support for providing linkage to follow-up investment (12 companies)
  • Advance Training
    with Overseas Startup Support Agencies

May to December 2020
  • Startup Park tenant companies

Project Content

Purpose
  • To establish a network of startup support agencies for successful overseas advancement
  • To support the lifecycle of startups that wish to advance overseas for their successful localization from the initial diagnosis to the establishment of local corporations and branch offices
    ※Understanding local markets, assessing business models, global networking, and attracting investment
Project Plan
  • Overseas advancement program for startups
스타트업 해외 진출 프로그램 구성 표_ 1 step부터 4 step까지의 기간과 내용, 대상, 기대효과 정보를 제공함
Classification 1-STEP 2-STEP 3-STEP 4-STEP
Duration 2 weeks/Korea 2 weeks/Korea 2 weeks/Overseas 4 months/Overseas·Korea Details
Details
  • - Expert workshops
  • - Startup diagnosis
  • - Linkage to incubators
  • - Overseas market research
  • - Check market feedback
  • - Education of local cultural characteristics
  • - Business training and workshops
  • - 1:1 coaching with startups
  • - Expert mentoring
  • - Meeting with buyers
  • - IR participation support
  • - Localization of products/services
Target Startups wishing to advance overseas Startups that understand overseas markets Startups wishing to localize abroad Startups planning to establish a local corporation
Expected effect
  • - Certificate of completion
  • - Self-diagnosis of overseas advancement
  • - Comparative analysis of various AC
  • - SWOT analysis
  • - Overseas market research
  • - Market feedback research
  • - Demo Day
  • - Certificate of completion
  • - Establishing overseas advancing strategy
  • - New ideas to improve business
  • - VISA and administrative support
  • - Establishing a local outreach team
  • - Collecting localization strategies
  • - Browsing partner clients
  • - Establishing a local corporation

Support Details

1
  • 1 Tenancy at the Startup Park (2+2)
2
  • Overseas advancement program with global startup support agencies
  • Incheon Startup Park, 204, Convensia-daero, Yeonsu-gu, Incheon
    • E-mail startuppark@itp.or.kr
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START UP PARK
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Space
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Going Global
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