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May 16, 2016 : Korea Trying to Bring in More Startups
📅 - The South Korean government has put its' sights on attracting more of the startups in the world. They are doing this through the “K-Startup Grand Challenge”. This is a scheme to offer 40 of the best startups in the world technology support and funding.
The challenge will start with 160 startups taking part in online competitions and events, which will be held in many major cities. After the events, the startups will go through interviews and pitching. The final candidates will be selected and will receive $4,100 per month for their three-man team, along with free round-trip flights to Korea.
The winners of the competition will get to work at the new $160 million Startup Campus in Pangyo for three months. They will receive support from DEV Korea, ActnerLab, Shift, SparkLabs and other companies.
Along with the support, the top 20 startups in the competition will receive around $33,000 of funding with no-strings. The top four will also get an additional $6,000 to $100,000 in funding. .
Reads: 1028 | Category: General | Source: TheHN : The Hosting News
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