SEOUL, South Korea--(BUSINESS WIRE)--South Korea’s Ministry of SMEs and Startups (MSS) has opened applications for the K-Startup Grand Challenge (KSGC), the country’s premier government-backed acceleration program for international startups targeting Korea and Asia. Since 2016, KSGC has attracted 21,537 applicants from more than 100 countries, among the world's most recognized inbound programs.
A Full-Cycle Acceleration Journey
Unlike conventional programs that focus on a single moment of market entry, KSGC 2026 guides startups from market entry to scale up in Korea - offered in a hybrid format - online or in person - with Demo Day held in Korea. The program runs July 2026 to April 2027 across three phases:
- Phase 1 — Market Analysis & Preparation (Jul–Aug, top 80 teams): online program covering Korean market dynamics, localization strategy, and mentoring.
- Phase 2 — Market Entry & Settlement (Sep–Dec, top 40 teams): Hybrid participation including business acceleration, expert mentoring, visa support and prize money (Total ₩380M) for top 20 teams.
- Phase 3 — Business Growth & Scale-up (Jan–Apr, 2027, top 20 teams): Deep-dive support and scale-up grant (Total ₩250M) for the top 8 teams.
Korea: Your Gateway to Asia
KSGC connects startups with Proof-of-Concept (PoC) projects and partnership opportunities across 20+ leading Korean conglomerates. Participants also receive investor & funding access, a Demo Day stage at COMEUP 2026, Korea’s flagship startup festival.
Who Should Apply
Open to non-Korean-founded startups under seven years old (ten for deep-tech) in sectors including AI, biotech, fintech, smart manufacturing, mobility, and energy.
What the program includes:
- Incorporation & visa support, complimentary work space in Korea
- PoC opportunity with major Korean companies
- Pitching opportunity at COMEUP 2026
- Investor & funding access, and IR opportunities
- Up to ₩950 million in equity-free financial support, including winning prizes and commercialization grants.
How to Apply
Applications close June 17, 2026, 15:00 KST
Apply at https://ksgc.global or contact apply@ksgc.global
About KSGC
The K-Startup Grand Challenge is funded by the Ministry of SMEs and Startups (MSS), managed by the Korea Institute of Startup and Entrepreneurship Development (KISED), and operated by the Gyeonggi Center for Creative Economy & Innovation (GCCEI). Since 2016, it has helped global startups enter and scale across Korea and Asia.
Contacts
KISED
apply@ksgc.global
South Korea’s Ministry of SMEs and Startups (MSS) has opened applications for K-Startup Grand Challenge 2026, a government-backed global startup acceleration program providing end-to-end support for international startups (Image: KSGC)