Build a Startup in South Korea: Government Resources for Foreign Entrepreneurs

The land of K-pop + K-beauty could also be the place to build your next startup 🇰🇷In this episode of Startup and Nation, I chat with Clément Metharam, Chief Partner Officer at the Global Startup Center (GSC). Funded by the Ministry of SMEs and Startups, Republic of Korea and KISED (Korea Institute of Startup & Entrepreneurship Development), the GSC supports foreign entrepreneurs in South Korea in everything from patent and legal workshops, VC pitch-offs to visa assistance services. Clement shares: - K-Startup Grand Challenge - annual program opened to foreigners to prospect the Korean market - Similar to Defense Advanced Research Projects Agency (DARPA) in the US, Korea has a startup agency within each ministry, including Defense Acquisition Program Administration (DAPA), Ministry of Culture, Sports and Tourism, 중소벤처기업진흥공단(Korea SMEs Startups Agency). - French - Korean startup collaborations, supported by organizations such as La French Tech Seoul, Business France Korea, and FKCCI French Korean Chamber of Commerce and Industry. - Why the Korean market and how to succeed as a foreign entrepreneur in Seoul⌚️Timestamp00:00 Meet Clement: From France to Korea 03:06 Mission of the Global Startup Center04:04 Support Services for Foreigners 05:41 Korean Startup Ecosystem: Open Innovation and Key Industries11:55 Advice for Foreign Startups20:43 Building Bridges Between France and Korea24:34 Building Partnerships in Korea's Ecosystem29:09 Conclusion and Final Thoughts