Support for Global Expansion of Domestic Startups
Recruitment for Launchpad and Overseas Market Joint Pavilion Programs
Opportunities in the United States, Japan, Singapore, and UAE
Focus on Japan with "Contents Tokyo" Capacity-Building Program
Joint Pavilions at VivaTech, GITEX Expand North Star, and Switch
Eligibility Limited to Content Companies Established Within the Last Seven Years
The Ministry of Culture, Sports and Tourism and the Korea Creative Content Agency announced on the 5th that they are recruiting companies to participate in the Launchpad and overseas market joint pavilion support programs.
Launchpad is a program that supports the global expansion of domestic startups in collaboration with local startup planners. It promotes business meetings, commercialization discussions, and investment attraction. This year, forty companies will be selected to participate in events held in the United States, Japan, Singapore, and the United Arab Emirates (UAE). An official stated, "Since we have segmented localization goals according to the characteristics of each country's startup ecosystem, we plan to strengthen the program's effectiveness and outcomes."
The most notable country is Japan. A capacity-building program will be conducted in connection with "Contents Tokyo," the largest comprehensive content business exhibition in the region. Opportunities to consecutively participate in promising local markets will also be provided in Singapore and the UAE.
The overseas market joint pavilion support is a project aimed at practical overseas expansion by pioneering and expanding local business channels. This year, thirty companies will be recruited to participate in joint pavilions set up at France's "VivaTech," UAE's "GITEX Expand North Star," and Singapore's "Switch." An official said, "In cooperation with organizations such as the Korea International Trade Association, we also plan to hold linked business events to network with local venture investors and corporate venture investors."
The eligibility for both programs is content companies established within the last seven years. Applications for Launchpad will be accepted until the 10th of next month, and for VivaTech until the 26th of this month. Announcements for participation in GITEX Expand North Star and Switch are scheduled for after next month.
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