Recruitment for 'Asan Voyager' Supporting Startup Global Expansion

Asan Nanum Foundation Selects 10 Domestic Early-Stage Startup Teams

[Asia Economy Reporter Kim Cheol-hyun] Asan Nanum Foundation (Chairman Jang Seok-hwan) announced on the 22nd that it will launch the global expansion support program for early startups, 'Asan Voyager,' and begin recruiting participating teams.

Asan Voyager is a program that provides multifaceted support to domestic early startups aiming to enter the global market, helping them to enter target markets stably and overcome psychological barriers. This year, it will first recruit 10 startup teams established less than five years ago that wish to enter the U.S. market. The teams must be web or mobile-based software companies with at least a minimum viable product (MVP).

Selected teams will receive up to 20 million KRW in support funds necessary for long-term stays of up to 8 weeks in the U.S. Support will cover airfare and accommodation expenses for two people per team, including the CEO, for local business trips. Additionally, partnerships have been established with domestic and international organizations operating global offices in the U.S. to provide local office space. Benefits such as one-on-one mentoring with experts are also provided.

Teams wishing to participate can apply online through the Asan Nanum Foundation's official website until the 19th of next month. After document and interview evaluations, the final participating teams will be announced in April. Jang Seok-hwan, Chairman of Asan Nanum Foundation, said, "Over more than 10 years, Asan Nanum Foundation has supported numerous startups and fully recognized their will for global expansion and the need for support. Through the newly launched Asan Voyager program, we will spare no effort to support early startups preparing for global expansion to settle in their target markets and focus on business growth."