South Korea is the world’s most connected country with 95% of the country covered by Wi-Fi, has the fastest average Internet connection in the world, and has the highest number of broadband services per capita.
With almost half of the country’s population living in Seoul, Koreans are known to be early adopters of new technologies thanks to the country’s highly advanced technology infrastructure. They are willing to buy newly released technology for consumer testing.
Opportunity to work with major Korean companies (Samsung, LG, Hyundai Motors, KT, Kakao, Naver, CJ, SK, etc.)
In recent years, a great number of major Korean companies have expressed their interest in collaborating with foreign startups. The K-Startup Grand Challenge program offers the opportunity for such startups to interact with innovative and influential major Korean companies.
Gateway to Asia : Success in Korea = Success in Asia
South Korea is conveniently located in the Eastern Asian region between China and Japan, with Hong Kong and Taiwan to the south.
Startup Ecosystem : 3rd Google Campus, 500 startups
Korea’s startup ecosystem is fresh and well-structured.
Moreover, it is attracting the attention of investors, accelerators and incubators from all around the world. Google, for example, has advanced its startup community cooperation with Korea by opening its first ever Asian Google campus in Seoul in 2015. Furthermore, 500 startups launched a Korea-focused fund called 500 Kimchi.
Strong Government Support
South Korea is a leading manufacturer of cutting edge electronics but is also one of the biggest consumers of these digital products.
K-Culture : Korea’s Soft Power
From ‘Gangnam Style’ to kimchi, Korean culture is continuously exercising its soft power both in Asia and throughout the world.
K-culture has been garnering interest throughout recent years and has increased Korea’s influence and prominence in the world stage.
A City that Never Sleeps
Koreans work hard and play hard. Nightlife during after-work hours is always buzzing with restaurants, bars and cultural events that stay open well beyond closing time.
Top in Safety & Security
South Korea is one of the safest countries in the world due to its extremely low number of criminal cases.
The Korean Charm
Korean people are full of “jeong”, a sense of community and attachment, and love to share their culture with others.