What is the K-Startup Grand Challenge?
The K-Startup Grand Challenge is an all-expenses-paid accelerator program of 3.5 months in South-Korea. Governmental innovation institutions joined forces with global corporate brands like LG, Samsung and Hyundai to support the most promising startups from around the world to expand their business to Asia.
How does it work? The K-Startup Grand Challenge has five stages.
Application The first stage is the application stage, where startups are asked to fill out the application form to be a part of the program. Applications are open until the 14th of June 2018.
Global Auditions Once applications close, applicants will be reviewed and shortlisted to take part in the global auditions, which will be held from the 9th of July until the 16th of July.
Selection & Settlement At these global auditions, 80 teams will be selected to join the K-Startup Grand Challenge Accelerator Program. 10 Startups out of the 80 teams will be composed of Korean track. This will be a 3.5 month accelerator program that will kick off in August. From August 15th to November 30th, the accelerator will provide the 80 teams a brand-new startup campus where startups can use it as a free office and project space, state-of-the-art R&D Labs, and expert support from some of the world’s top tech companies with experience taking companies global.
Demo Day Finally, the program ends with a demo day, which will be held in early December. This demo day will be where the top 40 teams of those accepted into the accelerator will be selected and awarded prizes.
You! As long as your company is post MVP stage and younger than 7 years.
The signup procedure is two-fold. This application here will take you about 1 minute. Afterward, you are requested to signup through the official program website. That will take a bit more time and effort. Schedule around 30 minutes to write a good application.
Sorry, we no longer accept applications!