South Korean government’s largest accelerator program for foreign startups K-Startup Grand Challenge (KSGC), is inviting applications from startups and entrepreneurs from around the world for its 2022 edition. KSGC is hosted by the Ministry of SMEs and Startups (MSS) and organized by the National IT Industry Promotion Agency (NIPA).
European startups can leverage the KSGC program to expand to South Korea. By using South Korea as a gateway, the startups can expand to other countries in Asia. The program provides regulatory support as well as industry linkages to establish presence in South Korea. Team members receive settlement grants and visa support as part of the program.