Applications Open for K-Startup Grand Challenge

The K-Startup Grand Challenge (KSGC) has opened applications for non-Korean startups looking to expand into the Korean and wider Asian markets. Backed by the South Korean government, the accelerator programme offers funding, mentorship and market-entry support to selected teams.

Who Can Apply?

Startups founded within the past seven years by foreign nationals—or by international students based in Korea—are eligible. Applications close on 13 June 2025, and successful teams will be announced on 15 July. The eight top winners will be revealed on 15 April 2026.

What’s on Offer?

ᆞPrize money and settlement/travel grants.

ᆞBusiness acceleration, tailored to Korean/Asian market.

ᆞConnect with top-tier investors and industry leaders.

ᆞVisa and incorporation-related support.

ᆞOffice space in prime Locations (Gangnam & Pangyo).

The programme follows a competitive tournament-style process, featuring three phases.

Phase one: Exploration (3 weeks; 80 teams): Assess Korea as a market.

Phase two: Entry (3½ months; 40 teams): Pilot products and refine market strategy.

Phase three: Growth (3½ months; 20 teams): Scale with partners and secure funding.

Why It Matters?

Korea has emerged as a leading digital innovation hub particularly in technology and startups. With strong government backing, the country has a strong drive for international collaboration. The KSGC provides a seamless gateway for startups to tap into advanced research and development (R&D) infrastructure, access to a large consumer market and opportunity to create strategic partnerships.

For more information and to submit your application, click here!