We are proud to announce that we have been selected as 1 of the top 80 companies to participate in the K-Startup Grand Challenge 2018 in Pangyo Tech Valley in South Korea! 1770 companies from 108 different countries applied this year, making it the largest foreign start-up competition in the world.
The challenge is a project conducted and financed by the South Korean government and offers startups a fantastic global platform for their ideas and tap into the robust Asian market.
Aleksander B. Spade and Edgars Butramjevs will represent Highered in a 3.5-month acceleration program, where our goal is to partner up with top Korean companies to offer more international opportunities for our students! For more info, have a look at the promotion video: https://lnkd.in/eKxjM5A hashtagglobalchallenge hashtagGetHighered
Background of the K-Startup Grand Challenge
The Korean government is working to transform the Korean economy for another century of success, ultimately raising the employment rate, the GDP, and Korea’s place in the world. In order to do this, Korea is supporting talented entrepreneurs and promising startups to turn Korea and the Pangyo Techno Valley into a global startup hub.
The top-ranked 80 teams selected by the accelerators will be invited to stay in Korea to participate a 3½ month accelerating program in Pangyo tech valley, located south of Seoul. At the end of the accelerating program, the government will host a demo day to select the top 40 startups. These startups will get additional financial incentives and if they choose to establish their businesses in Korea, they will get additional support from the government.
For more information click here or watch the video below.