Seoul recruits 25 companies for Magok M+ and Changdong startup hubs
Seoul city is accepting applications from technology startups and culture and content companies for office space, with growth support programs included.
Seoul city is recruiting 25 resident companies for its startup hubs, according to yna.co.kr. Seoul Startup Hub M+ in Magok, Gangseo District, will take 21 companies, and Seoul Startup Hub Changdong in Dobong District will take up to 4 yna.co.kr
yna.co.kryna.co.krOpen source ↗. The call targets technology startups seeking cooperation with large companies, and startups in culture and content.
Residents receive independent office space and growth programs covering investment, commercialization, inter-company cooperation and overseas market development. M+ accepts companies in five fields: IT, BT, GT, NT and R&D. Eligible are companies founded less than 7 years ago, or less than 10 years ago in new industries. Applications are accepted until the 13th through the Startup Plus website.
Changdong has 30 independent offices and content production infrastructure. Recruitment of up to 4 new companies runs from the 16th to the 30th, and new media and creative industry companies receive 3 bonus points. M+ opened in 2021 and has incubated 387 startups. Changdong opened the same year and has incubated 186 companies.
