The company has to be
a Small and Medium Enterprise as defined by the Minor
Enterprises Act, and the date of incorporation should be less
than 7 years ago. (The previous business years are
carried over if one of the below apply) - Succession
of business, and continuation of business in the same field
- Continuation of business in the same field after changing the
business form - previous business and commencement of
a business in the same field
The company must
consist of at least 2 people(Exclusive of: Investors,
advisors, and registered directors)
Qualifications below
have to be satisfied if the CEO is a foreigner -
Employment conditions: At least 50% of the employees of the
Korean firm must be Korean citizens, and the percentage should
be maintained throughout the business period. - Sales
conditions: The company must have plans for making sales in
Korea after applying for the program.
If the participating
startups wish, Universities and research agencies can join as
CROs.
Sector
Bio Healthcare
How to Apply
Please fill in the information below
to apply.
Non-eligible applicants
Companies are not eligible if it is
found to be default on its royalties, clawbacks, taxes, loans,
and other payables.
Companies are not eligible if they are
restricted from participating in the Korean Small Business
Innovation Research Program or the National R&D Projects
*Please fill in the information below and send us a
copy of the business plan / IR deck. We will individually contact
the companies that have applied.
