2024-03-04 03:02:11
Image: Bonji DB
The Ministry of Culture, Sports and Tourism (Minister Yoo In-chon) and the Korea Creative Content Agency (President Cho Hyun-rae, hereinfollowing referred to as KOCCA) are establishing a private professional organization to help K-content startups and nurture startups into future representative companies through the ‘2024 Content Startup Support Project’. Open recruitment until March 15th.
This year’s content startup support project supports discovering and nurturing regarding 250 early-stage start-ups in five fields: idea commercialization support, accelerator linkage support, investment linkage support, leading company linkage support, and overseas expansion support.
This year, the business structure was reorganized, changing from a government-led direct selection and support method to a support method through private professional organizations (start-up incubation institutions, accelerators (AC), leading companies, etc., hereinfollowing referred to as private professional organizations) to enhance expertise in startups and incubation. Strengthen. In addition, the support method according to the start-up stage (1 year, 3 years, 7 years) has been improved to be integrated and operated for ‘less than 7 years since start-up’, creating a structure in which support can be received organically.
Among them, in three areas, including idea commercialization support, accelerator linkage support, and leading company linkage support, private professional organizations are selected first, and prospective entrepreneurs and early-stage companies are directly discovered by the selected organizations.
The ‘Idea Commercialization Support’ project is a project that supports innovative ideas to lead to startups. Startup incubation institutions are supported with a childcare budget, and prospective entrepreneurs are provided with start-up support vouchers (vouchers), counseling, investment company briefing (IR) training, and support for exchange programs.
The ‘Accelerator Linkage Support’ project is a project in which a specialized nurturing company (accelerator) in the content field discovers and fosters early-stage start-ups. In addition to government support, incubating companies (accelerators) are required to make their own investments, thereby expanding the scale of support for companies in the early stages of actual startups.
The ‘Leading Company Linkage Support’ project is a project that supports start-up companies with innovative technologies to grow together by cooperating with leading companies. Leading companies (large and medium-sized companies) selected through public offering will operate programs utilizing human and material support to help the growth of early-stage start-ups, and start-up companies will receive commercialization funds.
The ‘Investment Linkage Support’ project is a project that provides commercialization support of 50% of the private investment, up to 200 million won, to start-up companies whose investment has been confirmed within one year. Through the ‘Content Startup Size Expansion (Scale Up) Program’, customized support such as consultation, investment corporate information (IR), business connection, and public relations/marketing is also provided.
In addition, space and production facilities are also supported through the ‘Content Korea Lab (CKL) Corporate Support Center’ and the ‘New Content Corporate Support Center’.
In addition, KOCCA will significantly expand the scale of its overseas expansion support project to foster globally competitive start-up companies and establish a new overseas expansion support project linked to leading companies.
We will more than double the scale of support for overseas market participation and programs linking overseas local companies (accelerators), and expand participating regions (countries) and markets in which participants can participate autonomously. The ‘Support for Overseas Expansion in Linkage with Leading Companies’ project, newly promoted this year, is a project that supports leading companies with overseas business infrastructure and know-how to enter overseas markets together with early-stage start-up companies and increases the overseas growth potential of early-stage start-up companies. am.
For more detailed information and how to apply, visit the Konjinwon website and eNara Help (look), and organizations wishing to apply (start-up incubation institutions, accelerators, leading companies) must complete the participation qualifications and application documents and apply at e-Nara Help by 5 p.m. on March 15. The public offering for start-up companies is scheduled to be held in early April following selection is completed.
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