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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...

Smart Vertical Farms in Korea have been springing up lately. These farms grow plants that do not need sunlight or soil. Korean startups NextOn and Farm 8 are becoming vertical farming leaders in South Korea. They both aim to provide fresh, sustainable, local food all year round. Seoul is one of the...

South Korea is known as the capital for plastic surgery. In 2018, nearly 50,000 travelers came to Korea to get their beauty makeovers done. From China to Russia, the country attracts visitors from all over the world. Therefore, the Korean plastic surgery sector currently holds one of the biggest...

Zayed Sustainability Prize Startups in Korea need to apply for the Zayed Sustainability Prize which is the United Arab Emirates’ pioneering global award in sustainability. They are calling on innovators from global organizations to submit entries for their 13th edition of the Prize. The winners...

For the Korean startup ecosystem to flourish, Korea needs more and more entrepreneurs trying new things. Therefore it is important for entrepreneurs in Korea to always be open to trying to ideas for their business or startup. For many workers in Korea that are working the typical Korean office job,...

There are many entrepreneurs in Korea that are passionate about solving real-world problems not only in Korea but around the world. This was not always the case. Many Koreans in the past were content on working for one of the big conglomerates like Samsung and having a safe office job that pays the...

The spread of COVID-19 is impacting the domestic and global economy. However, many new commercial possibilities also derived from supply chain readjustment and market demand change. There is an increasing demand for working from home, e-learning, and e-entertainment, the related products of...

Growth of Business Apps During COVID-19 Pandemic People have been working, studying, and having fun from home for a longer time due to the spread of the COVID-19 pandemic. They are making use of business apps that are showing growth against the trend. According to the statistics of App Annie, the...

When you talk down the streets of Gangnam or anywhere else in South Korea, you will notice that everyone is wearing a mask. When you go into any office building, co-working space, department store, or Universities, there will be someone in front of the entrances with a heat scanning camera. Coffee...

Korean Beauty Startup Fillit a handy makeup case for your smartphone. Think of it as a makeup kit on the go. This concept of combining a makeup kit with a smartphone will work great in Korea. In Korea, more than 90% of people over 13 years old have a smartphone. If you are ever on the subway in...

TechForGood an Israeli incubator/accelerator and impact investment organization have built a unique accelerator program for Korean startups and entrepreneurs. In addition, they are also the official Israeli partners of KISED (Korean Institute of Startups & Entrepreneurship Development) to create...

A special article of the Electronic Times in Collaboration with the Korea International Trade Association (KITA) on ways large enterprises and startups in Korea can recover after COVID-19 The Need to Discover Models for Sustainable Large Enterprise-Startup Cooperation The spread of COVID-19 is...

As more and more students in Korea pursue entrepreneurship, more universities in Korea are creating accelerator and incubator programs to support them. The trend comes as Korea the total number of investments into Korean startups reached a record high in 2019. Over $3 Billion was invested in...

KOREAN STARTUP ECOSYSTEM The Korean startup Ecosystem has been lopsided for a very long time. Until 2012-2013, the startup scene in Korean had remained homogeneous. There have been many calls by foreign entrepreneurs to raise the number of foreign startups in Korea. The Korean government has...

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...

The ASAN SANGHOE program was created by The Asan Nanum Foundation, a non-profit organization run by Hyundai Motor Group’s charitable foundation. They provide a variety of curriculums and educational content to help future generations cultivate entrepreneurship. Therefore Asan Nanum Foundation is...

Korea is a country that is committed to growing a sustainable environment. Former president Lee Myung Bak was the first to address the nation’s environmental development. “If we make up our minds before others and take action, we will be able to lead green growth and take the initiative in...

Online Korean manhwa, also known as webtoons are increasing in popularity not just in Korea but all around the world. Mature adult webtoons have seen the biggest traffic. Lezhin Comics offers a wide selection of Korean mature adult webtoons in English. These mature adult webtoons are similar to...

Blimey is a Korean Youtube channel that covers Malaysian culture and was started by three close friends (Jade, Yerim, and Dasol) from Korea University. Jade wanted to enter into broadcasting to become a producer. However, by mid-2016, she started to notice a shift in the broadcasting industry. She...

AROM was created by Korean Startup Deepscent. Deepscent is a smart scent data company that provides personalized fragrances. The scent box AROM comes with a mobile application that allows users to personalize their ideal fragrances. A group of students from the Korea Advanced Institute of Science...

Koreans businesses are starting to utilize big data in Korea. The use of big data for corporations has been on the rise in Korea. Not only has Samsung, LG, and the other big corporations taken notice but so have the up and coming Korean Tech Startups. Technology has advanced so far just in the...

Dongdaemun is now online thanks to a Korean e-commerce startup called Linkshops, an online Korean apparel shopping mall. Linkshops has over 1 million items from over 8,000 stores. For those that are unfamiliar with Dongdaemun, it is the biggest offline shopping district in Seoul. The Dongdaemun...

An up and coming Kpop Entertainment Company has just opened its office in Seoul. UnionWave Entertainment is an International Kpop Company that is looking to create the next-generation of Kpop groups. It is a multinational platform that supports and promotes Kpop music in Korea as well as all across...

South Korea is famous for educating its youth. However, this fame is not always positive. The Korean Education system is all about exam results and getting into the best universities in Seoul. This is a history in Korea where the only way to improve your life was through passing exams. Those that...