Chungnam Information and Culture Industry Promotion Agency announced on the 27th that it is recruiting participating companies for the 5th INNOST CHALLENGE GROUND, a scale-up program of Chungnam Cheonan Complex Startup Park (GST).
The program aims to discover promising startups in the region and support the growth of early-stage companies, thereby laying the foundation for entry into global markets and growth into unicorn companies.
'Innost Challenge Ground' is hosted by Chungnam Information and Culture Industry Promotion Agency and operated by accelerator JB Ventures. The recruitment target is prospective entrepreneurs or early-stage startups that have been in business for less than 7 years, and companies that have moved into or are planning to move into Cheonan Complex Startup Park are included in the priority selection.
A total of 15 companies will be selected for this 5th program, and the selected companies will be provided with support such as common education, customized consulting, business model advancement, IR demo day for investment attraction, direct investment and TIPS recommendation review, and open innovation linkage.
The 4th program, which was operated in 2024, attracted a total of 4.15 billion won in investment, and achieved tangible growth results, including 5 cases recommended and selected for the TIPS (Tech Incubator Program for Startups).
Applications for participation are accepted from May 27 to June 11, 6:00 PM, and applications can be made through Google Form . Detailed recruitment guidelines can be found on the official website of the Chungnam Information and Culture Industry Promotion Agency and the INNOST website announcement.
The final selection will take place at the end of June through a three-stage process including document evaluation, interview screening, and presentation evaluation, and the program will be operated intensively for four months from July to October.
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