The Busan Center for Creative Economy and Innovation (CEO Yongwoo Kim, hereinafter referred to as Busan Center for Creative Economy and Innovation) announced that it will be recruiting companies to participate in the 'Plug in: Singapore #5' program until Thursday, August 8th to strengthen the global market entry capabilities of local startups and systematically support the overseas expansion preparation stage.
This program is designed for Busan-based companies established within the past seven years and seeking to expand into Singapore. It offers a unique combination of pre-market capacity-building training and on-site practical training. Specifically, the pre-market and on-site programs are organically linked, enabling systematic preparation for every step of the process, from strategic planning for overseas expansion to practical networking.
Selected startups will first solidify their core competencies through pre-event workshops and expert mentoring, including developing local market entry strategies, strengthening English IR pitching skills, and establishing global partnerships. Subsequently, they will receive practical market validation and global network expansion support through activities such as one-on-one business meetings with overseas buyers and investors, visits to local Singaporean companies and institutions, and participation in the global technology exhibition "SWITCH 2025."
In particular, "SWITCH 2025 (Singapore Week of Innovation and Technology)" is Asia's largest global technology exhibition, bringing together leading global corporations, investors, and startups to share the latest innovative technologies and market trends. Participating companies will attend the exhibition as center representatives and participate in various on-site programs, including partner matching and meeting coordination.
The application period runs until 11:59 PM on Thursday, August 8th, and applications can be submitted online through the Busan Startup Portal. Selected companies will undergo a first-round document screening and a second-round presentation evaluation to determine final selection. All program expenses, excluding system costs, will be covered.
Meanwhile, this program is operated in conjunction with the Ministry of SMEs and Startups' "Pre-Startup Package" and "Early Startup Package" programs for global expansion support. As the lead agency for these two packages, Busan Changgyeong expects that this integrated support will create greater synergy and yield tangible results for startups' successful global market entry.
A Busan Changgyeong official stated, “This program is a full-cycle global expansion support program that organically links preliminary preparation and local implementation, and is designed to help local startups achieve tangible results in overseas markets.” He added, “Going forward, Busan Changgyeong will continue to expand its global network and step-by-step programs.”
- See more related articles
You must be logged in to post a comment.