Government News

Korean Government Agencies That Support Startups

The startup ecosystem in Korea has been surging since 2015. Furthermore, the Korean government launched a drive to support startups and also promote entrepreneurship among the youth. Entrepreneurship…

Incheon Startup Park – Landmark of Innovation Growth

Shinhan Financial Group hosted an MOU ceremony along with the Ministry of SMEs and Startups, the Incheon Metropolitan City, and Celltrion. They aim to build an ecosystem for innovative startups…

Seoul Blockchain Support Center Program – Apply Now

The Korean government has been focused on exploring ways to use Blockchain technology to address some public sector challenges. Blockchain technologies can offer the Korean government a quick,…

South Korea and Japan Trade War – Complete Breakdown

South Korea and Japan are Asia’s biggest economies after China and India. Both have been able to gain worldwide recognition for their global brands. Korea has become a major player in the electronics…

Refugees in Korea

HireChance empowers refugees in Korea by selling coffee

Thousands of refugees and asylum-seekers are stranded in Korea awaiting refugee status to survive. In 2019, there were only 3 successful appeals out of 3,478 applications. Countless refugees are…

5 Promising K-Beauty Startups from NX Second Batch

Beauty startups are rapidly shaping the industry. For example, indie brands, like Glossier, are becoming billion-dollar valuations within only a short time. Therefore, more VCs and cosmetics…

Community area in a Korean Coworking Space

Why Entrepreneurs in Seoul Flourish in Coworking Spaces

Up until 2020, more and more co-working spaces in Seoul opened up and many entrepreneurs in Seoul are moved into these spaces. Once COVID-19 hit Korea, many startups in Korea had to leave these…

Korean Food Waste Startup Domago

DamoGO has come up with a smart way of reducing food waste in Korea

A social impact startup in Korea is using creativity and technology to reduce food waste in Korea while providing consumers with discounted prices on delicious food. DamoGO is an app that lets…