National IT Industry Promotion Agency (NIPA) is hosting <K-Startup Grand Challenge> and is inviting startups around the world. Please help spread word to any startup you may know.

Target
Overseas startups seeking to expand into the global market after launching and settling their business in Korea

Industry
Open to all, but priority will be given to
1. Games, Fintech, Bio/Beauty, Distribution and Film, Auto, and City life
2. Software, IoT, Cloud, Information Security, 5G, UHD, Smart Devices, Digital Content, and Big Data

Benefits
1. Round-trip airline tickets (for up to three people per team) and living expenses for three months (KRW 5 million equivalent to US $ 4,100 per team a month)
2. Cash prizes (KRW 200 million equivalent to US $ 166,000 for four teams) and shared cash prize (KRW 40 million equivalent to U$33,000 for 20 teams, respectively)
3. Exposure to connections with Korea's large enterprises, such as Samsung, Hyundai Motor, SK,  LG, LOTTE, POSCO, GS, Hanwha, HANJIN, DOOSAN, KT, CJ, HYOSUNG, kakao and NAVER
4. Access to office and project space in Korea’s Pangyo Techno Valley, a large innovation center that is home to the country’s most promising startups as well as large enterprises
5. Enrollment in a three-month session of Korea’s top acceleration program and follow-up support in terms of investment
6. Help desk services (including assistance with corporation establishment, visas, and international labor management, residential and administrative support, translating and interpreting services, etc.)

Applications are due June 14, 2016.

For more information, please refer to the website (www.K-StartupGC.org) and the attached file.
For inquiries, refer to the contact information below:
Deuk Jung Kim (Vice President) / djkim@nipa.kr / +82-43-931-5500
1. Europe/Africa: Sonia Park (Deputy Director) / sypark@nipa.kr / +32 (0)2 880 3915
2. Southeast Asia: Eric Son (Director) / eric_son@nipa.kr / +65 6221 7380
3. Americas: Max Cho (Director) / max@kicsv.org / +1-408-432-5074