K-Startup Grand Challenge is a program that enables fast-paced collaboration and creation between domestic and foreign startups. With the continued growth of Korea, it is the perfect launch pad into the Korean and the Asian market as a whole. The program will provide us with one-on-one mentoring, office space, networking events, and more.
Over 1,500 teams applied to this accelerator program – and K-Startup Grand Challenge selected only 50 to spend 4 months developing their business in South Korea. We’re humbled and excited.
Check out these cool facts from the K-Startup Grand Challenge Brochure
- South Korea is the world’s most connected country with 95% of the country covered by Wi-Fi; Korea 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 (exactly where our Mark 1 is at.)
K-Startup Grand Challenge
Alyx works as a business analyst for Mycroft, working with data to shape metrics and the broader marketing strategy. She also writes these blog posts.