The Gyeonggi Center for Creative Economy and Innovation (CEO Won-kyung Kim, hereinafter referred to as the Gyeonggi Innovation Center) announced on the 11th that it is recruiting startup companies in the deep tech field to move into the Pangyo Startup Zone of the 2nd Pangyo Techno Valley until the 17th to intensively foster promising global startups.
Pangyo Startup Zone is the largest startup support cluster in Korea that provides one-stop support for innovative growth of startups, from startup infrastructure (office space, etc.) to investment, open innovation, and global expansion in the initial and growth stages. It is the largest startup support space in Korea established by the Ministry of SMEs and Startups and operated by the Korea Institute for Startups & Entrepreneurship Development and the Gyeonggi Center for Creative Economy & Innovation.
It is located on the 6th to 8th floors of the Enterprise Support Hub at 815 Daewangpangyo-ro, Sujeong-gu, Seongnam-si, and has a total area of 14,010㎡ (3,152 pyeong) with approximately 130 dedicated office spaces for various sizes of companies and 33 conference rooms for various sizes.
The recruitment scale for this time is 16 rooms, and the final selected companies can move in for up to 3 years through an extension evaluation after moving in for 2 years. During the move-in period, they will receive full-cycle customized acceleration and infrastructure facilities from the Gyeonggi Creative Economy Innovation Center.
Specifically, various types of support are provided to resident companies, including ▲open innovation linkage between large, medium, and start-up companies to promote rapid growth and maximize performance of resident companies, ▲regular Startup 815 IR Day every Thursday to attract investment, ▲customized acceleration including public relations, certification, investment, and marketing, ▲global star venture program to support global expansion, and ▲in-depth networking by field.
Applicants must be domestic or international prospective entrepreneurs and startups established within the past 7 years as of the recruitment announcement date, and must be deep-tech startups in specialized fields (Data, Network, AI, eco-friendly energy, system semiconductors, robots, bio-health, future mobility, IoT).
The Gyeonggi Innovation Center plans to select the final tenants through a screening of the supported companies in April. The application period is until 11:00 AM on March 17, and more detailed information can be found in the notice on the Pangyo Startup Zone website .
An official from Pangyo Startup Zone said, “Startup Zone tenants are continuously achieving domestic and international results, such as attracting investment, M&A, and winning CES Innovation Awards with the support of the Gyeonggi Innovation Center,” and “We hope to receive support from many promising startups that will grow into unicorns from Pangyo Startup Zone.”
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