DistantNews
Support us
30 startups selected for overseas expansion program in South Korea
๐Ÿ‡ฐ๐Ÿ‡ท South Korea /Technology

30 startups selected for overseas expansion program in South Korea

From Chosun Ilbo · () Korean

Translated from Korean, summarized and contextualized by DistantNews.

At a glance

News Sources not specified New plan
  • Thirty startup companies have been selected to participate in the 'COMEUP Stars' program, aiming to help them expand into overseas markets.
  • The program received a record 621 applications this year, with 30 companies ultimately chosen.
  • The selected startups will target six major regions globally, including the US, Japan, China, Europe, Singapore, and India.

Thirty South Korean startups have been chosen to receive support for their international expansion through the 'COMEUP Stars' program. The initiative, part of the larger global startup festival 'COMEUP,' aims to propel promising young companies onto the world stage.

This year's program saw a record number of applications, with 621 startups vying for a spot. The selection process was highly competitive, ultimately narrowing down the field to 30 companies that demonstrated strong potential for global growth. The Korea Startup Forum (KOSPO), which organizes the event, confirmed the final list of participants.

The selected startups will gain access to resources and opportunities to enter markets across six key regions: the United States, Japan, China, Europe, Singapore, and India. This expanded reach signifies a growing ambition to foster a more globally integrated startup ecosystem in South Korea, providing these companies with a crucial stepping stone for international success.

DistantNews Editorial

Originally published by Chosun Ilbo in Korean. Translated, summarized, and contextualized by our editorial team with added local perspective. Read our editorial standards.