SME/Startups | BusinessKorea

Friday, November 24, 2017


KICOX President Hwang Kyu-yearn, left, and IBK CEO Kwon Seon-joo, right, pose at the MOU signing ceremony.
Support for Leading SMEs
24 November 2016 - 11:45am
The Korea Industrial Complex Corp. (KICOX) signed a memorandum of understanding (MOU) with the Industrial Bank of Korea (IBK) at the IBK headquarters on November 23 to jointly help small and mid-...
An image of the Venture-Startup Expo 2015.
Korea Venture-Startup
23 November 2016 - 11:30am
The Venture-Startup Expo 2016 will be held by the Small and Medium Business Administration at COEX C Hall from December 1 to 4. The Venture-Startup Expo will encourage and praise venture start-ups...
The ratio of South Korean firms established by those with a masters or doctorate degree increased from 18% to 35% between 2014 and this year.
Same Level as Silicon Valley
21 November 2016 - 11:15am
The Korea Startup Ecosystem Forum announced on November 16 that the ratio of South Korean firms established by those with a masters or doctorate degree increased from 18% to 35% between 2014 and this...
A Korea-based travel startup WAUG offers 1,400 activities including city tours, attractions, lessons and extreme sports online or via mobile across 40 cities in Asia.
Tour Booking Platform
18 November 2016 - 5:45pm
WAUG,( a Korea-based booking platform for tours and activities, has raised series A funding from Cognitive Investment and D.CAMP to expend its business globally. WAUG Travel...
An image of DoubleH’s LumiDiet.
Wearable Diet Belt
18 November 2016 - 1:15pm
DoubleH,( a member of the K-ICT Born2Global Center launched the smart wearable diet belt “LumiDiet.” The company will begin full-scale sales of the product on CJ Home Shopping, a...
Only nine startups among more than 190 startups from 20 countries made the final cut for the Singaporean accelerator program “Income Future Starter, Powered by TAG.PASS” in Oct, including a Korean AI startup Konolabs.
Technologies Recognized
17 November 2016 - 1:00pm
Singapore’s leading insurance provider NTUC Income announced on Nov. 14 that a Korean AI startup Konolabs (, CEO: YJ Min) has been selected for the first batch of its accelerator...
DarcMatter, an alternative investment platform, is opening its second overseas office in Seoul
Alternative Investment Specialist
16 November 2016 - 11:15am
DarcMatter, a financial technology startup headquartered in New York City, is opening its second overseas office in Seoul, South Korea. DarcMatter is an alternative investment platform that allows...
Dan Neary, vice president of Asia Pacific at Facebook, explains a plan to support Korean SMEs at a Business Hub meeting held in Facebook Korea office in Seoul on Nov. 15.
VR Accelerating
16 November 2016 - 10:45am
Korean start-ups will be able to utilize the Facebook platform and get support for creating new technology content such as virtual reality (VR) contents when they make a foray into overseas markets....
Korea Growth Investment Corporation (KGIC) will raise a fund of 7.8 billion won (US$6.9 million) in order to assist in crowdfunding for startups.
Crowdfunding for Startups
15 November 2016 - 12:15pm
Korea Growth Investment Corporation (KGIC) announced on November 11 that it would raise a fund of 7.8 billion won (US$6.9 million) in order to assist in crowdfunding for startups. To this end, the...
Naver Webtoon and Webtoon CIC CEO Kim Jun-ku (right), SoftBank Ventures Korea Executive Lee Joon-pyo and Snow CEO Kim Chang-wook hold hands at a press conference at the D.CAMP in Yeoksam-dong, Seoul, on Nov. 14.
Nurturing Content Startups
15 November 2016 - 12:15pm
South Korea's top Internet portal operator Naver Corp. and SoftBank Ventures, a venture capital firm under Japanese telecommunications giant SoftBank Corp., held a press conference at the D.CAMP in...
The number of joint surety exemptions provided for business founders by government-run financial institutions increased from five cases to 6,000 cases between 2013 and the first three quarters of this year.
10 Times Growth
7 November 2016 - 11:30am
It has been found that environments in South Korea for ensuring a second chance for entrepreneurs have improved to a significant extent in the recent three years. According to the Small & Medium...
SK Telecom CTO Choi Jin-sung at a recent TIP meeting at Facebook headquarters
For Telecom Equipment Industry
4 November 2016 - 10:45am
SK Telecom and Facebook are planning to set up a startup incubator in South Korea early next year in order to assist in the growth of startups in the telecom equipment industry. This plan was made...


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