News Summary

The K-Startup Grand Challenge 2025, South Korea’s flagship global startup acceleration program, has received a record 2,626 applications, reflecting a 1.5-fold increase from the previous year. This program, organized by the Ministry of SMEs and Startups (MSS) along with other entities, supports global startups through financial assistance and business matching. The program, celebrating its 10th anniversary, will progress through three phases: Exploration, Entry, and Scale-up, providing selected startups with various forms of support including sponsorship, office space, and prize awards. The significant interest in the program highlights its role in aiding startups aiming for the Asian market.