African startups can increase to South Korea via this government-run programme

African startups desirous about increasing to South Korea can achieve this by participating within the government-run Ok-Startup Grand Problem, for which purposes are actually open.

The Ok-Startup Grand Problem, hosted by South Korea’s Ministry of SMEs and Startups (MSS) and organised by the Nationwide IT Trade Promotion Company (NIPA), offers regulatory help and trade linkages to assist worldwide corporations set up a presence within the nation. 

The programme, which offers chosen corporations with settlement grants and visa help, runs for 3.5 months, starting in August, and can see 60 startup groups participate. Firms will obtain grants of US$11,000 to cowl bills, whereas the highest 10 performing groups will entry grant capital of US$320,000. The highest 30 startups will get additional help to increase their enterprise in South Korea.

Functions are open right here till Might 31.


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