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Incheon Startup Park – Landmark of Innovation Growth
Shinhan Financial Group hosted an MOU ceremony along with the Ministry of SMEs and Startups, the Incheon Metropolitan City, and Celltrion. They aim to build an ecosystem for innovative startups through Incheon Startup Park. In addition, Shinhan will create a top-tier, one-stop platform in Korea…
KITA Open Innovation Program – Cases of Excellence
KITA is the first private project that supports startups by establishing their proof of concept (PoC). Furthermore, they offer startups their first gateway to successful sales. They do this by offering the multipurpose facility of COEX as a testing site for the Fourth Industrial Revolution…
Top 10 Richest People in South Korea
Forbes recently came out with its latest richest people in the world list. The combined net worth of the 10 richest South Koreans now stands at a little over $60 billion in 2020. Compare this to Jeff Bezo's net worth of $113 billion. South Korea's top billionaires have taken a hit due to the…
Top Peer to Peer Lending Startups in Korea
Peer to Peer lending startups in Korea has continued to grow. They have done a great job of bringing lenders and borrowers together online. It is beneficial for lenders are they get a much higher rate of return than what is currently available from other investment options in Korea. In addition,…
Korean Proptech startups Focusing on the Construction Industry
As South Korea continues to develop, there has been a rise in Korean proptech startups focusing on the construction industry. There is significant potential for greater adoption of technology to enhance productivity in the construction industry in Korea. Therefore, many of these proptech startups…
Electric Vehicle Charging Startups in Korea – Clean Mobility
The South Korean government is moving quickly to set up charging stations all across Korea. In order for the electric vehicle industry to thrive in Korea, a strong recharging infrastructure needs to be built. The biggest weakness for EVs at the moment is their short driving range. The South Korean…
