Middle East-based Global Business Developer AGCC (CEO Jeon Jeong-hyeon) announced on the 17th that it has been selected as the final host organization for the '2025 K-Scouter' project hosted by the Ministry of SMEs and Startups and the Korea Institute for Startups and Entrepreneurship Development .
The K-Scouter Project is an inbound specialized program that utilizes the global network of the host organization to discover and recommend promising overseas startups that wish to enter Korea, and to support the relocation of headquarters and new settlement in Korea. The host organization will discover overseas startups and provide acceleration and settlement support until December 2025.
AGCC plans to discover promising global companies by utilizing its substantial cooperative network with global startup hubs in ▲the Middle East (UAE, Saudi Arabia), ▲North America (USA), ▲Northern Europe (Sweden), and ▲Southeast Asia (Vietnam, Singapore). In addition, the 10 overseas startups discovered (including reverse flip companies) will be provided with ▲a ‘Korean settlement fast track’ encompassing incorporation, visa, and incubation center entry in Korea, ▲linkage with AGCC’s monthly networking platform LinkX Alliance and hosting a Demo Day, ▲follow-up linkage with the Ministry of SMEs and Startups and the Korea Institute of Startups and Entrepreneurship Development’s inbound policies (Startup Korea visa, Global Startup Center, etc.), and ▲operation of an integrated package for PoC (Proof of Concept), investment attraction, and Korean partner matching, etc., to help overseas startups make a stable, soft landing and grow in the Korean startup ecosystem.
Jeong-Hyeon Jeon, CEO of AGCC, said, “AGCC will actively support overseas startups to use Korea as a strategic base for their Asian and global expansion by applying the ‘PoC-Market Entry-Investment’ model that has already been verified in the Middle East market to the Korean inbound program,” and “We will do our best to strengthen the global competitiveness of the domestic startup ecosystem.”
- See more related articles
You must be logged in to post a comment.