- Synergy formed to support startups to expand overseas through an agreement between specialized content startup support (Gyeonggi Contents Agency) and support organizations with overseas buyers and investors infrastructure (KOTRA)
- Diversify the startup market and expand overseas sales through support for overseas expansion of startups in an ontact method to vitalize the stagnant overseas sales channels due to COVID-19
Gyeonggi Contents Agency (Director Song
Gyeong-hee, GCon) announced that it is receiving application from startups that
are interested in participating in the Startup Ontact Overseas Expansion
Project through Pangyo G-HUB.
Startup Ontact Overseas Expansion Project
is a program designed to enable startups in the province that have become
stagnant due to COVID-19 to pioneer overseas markets by ontact. Active support
is being made through business cooperation between the GCon specializing in
supporting content startups and KOTRA with its connection to overseas buyers,
investors, and infrastructure.
This project will run in collaboration with
KOTRA's startup bases in 20 trade centers (△North America-New York, LA, Silicon
Valley, Dallas, Toronto △Europe-London, Paris, Hamburg, Madrid, Helsinki
△Japan-Tokyo △China-Beijing, Shanghai △Middle East- Dubai △Southeast
Asia-Hanoi, Ho Chi Minh, Jakarta, Singapore △Southeast Asia-New Delhi, Bengaluru).
The companies eligible to participate are
startups based in Gyeonggi-do with products, technology, and service in
contents/ICT category that are less than seven years old. The candidates will
be divided into two tracks, overseas buyer matching and foreign investor
matching, and a total of 30 companies will be selected.
Selected participants will be receiving
various benefits including ▲Matching support (startup consulting, overseas
buyer/investor matching) ▲Production support (data translation, promotional
video production, directory book production) ▲Display in online exhibition hall
(BuyKorea) ▲Consultation operation (video consultation center and
interpretation service) ▲Overseas market entrance mentoring.
In preparation for COVID-19, this project
is planning to minimize face-to-face contact and utilize the webinar platform
for online consulting for participating startups and guides to participating
companies. Application for participation in the program and detailed
information can be found on the GCon website (www.gcon.or.kr./ghub).
An official from GCon said, "As
COVID-19 is prolonged, it is becoming harder and harder for startups in
Gyeonggido to enter the overseas market. I would like to see many startups that
are looking to find overseas market online to participate in this program."