K-Startup Grand Challenge
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K-Startup Grand Challenge
K-Startup Grand Challenge is a startup accelerator program supported by the Government of South Korea. The program was launched in 2016 by the National IT Industry Promotion Agency (NIPA) and funded by the Ministry of SMEs and Startups of South Korea. The program is based in the Pangyo Techno Valley, known as the Korean version of the Silicon Valley Silicon Valley is a region in Northern California that serves as a global center for high technology and innovation. Located in the southern part of the San Francisco Bay Area, it corresponds roughly to the geographical areas San Mateo Coun .... As part of the government's policy, South Korea has initiated a wide range of support programs for startups and has been investing nearly $2 billion annually into the Korean start-up ecosystem since 2013. Within the scope of these efforts, the government organized the K-Startup Grand Challenge program to invite foreign start-ups to come to Korea and cooperate with local VCs and compan ...
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Governmental Organization
A government or state agency, sometimes an appointed commission, is a permanent or semi-permanent organization in the machinery of government that is responsible for the oversight and administration of specific functions, such as an administration. There is a notable variety of agency types. Although usage differs, a government agency is normally distinct both from a department or ministry, and other types of public body established by government. The functions of an agency are normally executive in character since different types of organizations (''such as commissions'') are most often constituted in an advisory role—this distinction is often blurred in practice however, it is not allowed. A government agency may be established by either a national government or a state government within a federal system. Agencies can be established by legislation or by executive powers. The autonomy, independence, and accountability of government agencies also vary widely. History Early exa ...
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Kaitek
Kaitek (alternatively Kaitek Labs) is a Chilean biotech company focused on the development of bacterial sensors for environmental monitoring. It was founded in 2013 by Emilia Díaz. Current partners are: Emilia Díaz, Cristóbal Aller and Felipe Varea. Origins Even though Kaitek was founded in July 2013, the company's first project "Red Tide Detection Kit" started its development in 2012, where it was chosen as one of the winners of a nationwide entrepreneurship competition. During the project's pre-development phase, Emilia was joined by Cristóbal Aller and Felipe Varea as partners of Kaitek. In December 2013, the company received a development grant from Corfo The Production Development Corporation (CORFO, from es, Corporación de Fomento de la Producción de Chile) is a Chilean governmental organization that was founded in 1939 by President Pedro Aguirre Cerda to promote economic growth in Chile. ..., the Chilean Economic Development Agency, to complete the research an ...
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Venture Capital
Venture capital (often abbreviated as VC) is a form of private equity financing that is provided by venture capital firms or funds to startups, early-stage, and emerging companies that have been deemed to have high growth potential or which have demonstrated high growth (in terms of number of employees, annual revenue, scale of operations, etc). Venture capital firms or funds invest in these early-stage companies in exchange for equity, or an ownership stake. Venture capitalists take on the risk of financing risky start-ups in the hopes that some of the firms they support will become successful. Because startups face high uncertainty, VC investments have high rates of failure. The start-ups are usually based on an innovative technology or business model and they are usually from high technology industries, such as information technology (IT), clean technology or biotechnology. The typical venture capital investment occurs after an initial "seed funding" round. The first ro ...
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Startup Accelerators
A startup or start-up is a company or project undertaken by an entrepreneur to seek, develop, and validate a scalable business model. While entrepreneurship refers to all new businesses, including self-employment and businesses that never intend to become registered, startups refer to new businesses that intend to grow large beyond the solo founder. At the beginning, startups face high uncertainty and have high rates of failure, but a minority of them do go on to be successful and influential.Erin Griffith (2014)Why startups fail, according to their founders Fortune.com, 25 September 2014; accessed 27 October 2017 Actions Startups typically begin by a founder (solo-founder) or co-founders who have a way to solve a problem. The founder of a startup will begin market validation by problem interview, solution interview, and building a minimum viable product (MVP), i.e. a prototype, to develop and validate their business models. The startup process can take a long period of time (by s ...
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Lineus Medical
''Lineus'' is a genus of nemertine worms, including the bootlace worm, arguably the longest animal alive. ''Lineus'' contains the following species: *'' Lineus acutifrons'' Southern, 1913 *'' Lineus albifrons'' Coe, 1934 *'' Lineus albocinctus'' Verrill, 1900 *'' Lineus albonasus'' Verrill, 1900 *'' Lineus alborostratus'' Takakura, 1898 *'' Lineus albus'' *'' Lineus alienus'' Bürger, 1895 *'' Lineus anellatus'' *'' Lineus angulosus'' Korotkevich, 1978 *'' Lineus arenicola'' (Verrill, 1873) *'' Lineus atradentis'' Korotkevich, 1978 *'' Lineus atrocaeruleus'' (Schmarda, 1859) *'' Lineus auripunctatus'' (Grube, 1855) *'' Lineus aurostriatus'' (Bürger, 1890) *''Lineus australis'' *'' Lineus autrani'' Joubin, 1905 *'' Lineus bergendali'' Senz, 1996 *'' Lineus bilineatus'' (Renier, 1804) *''Lineus binigrilinearis'' Gibson, 1990 *''Lineus bioculatus'' Sundberg & Gibson, 1995 *''Lineus bipunctatus'' Takakura, 1898 *''Lineus bonaerensis'' Moretto, 1971 *''Lineus boutani'' (Joubin, 189 ...
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Andcards
Andcards is the developer of software for co-working spaces and flexible offices. The company won multiple awards in South Korea (K-Startup Grand Challenge), Poland (Poland Prize), and Chile ( Start-Up Chile). In September 2019, Stripe partnered with andcards to launch its service in Poland. Products andcards andcards is a software service for coworking spaces and shared offices. andcards is currently available on iOS, Android, and as a web app A web application (or web app) is application software that is accessed using a web browser. Web applications are delivered on the World Wide Web to users with an active network connection. History In earlier computing models like client-serve .... andcards for coworking spaces includes meeting room booking system, community member directory, benefits and services catalogs, and multiple integrations to expand functionality. Coworking Resources magazine recognized andcards as one of the best coworking space management software in ...
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Start-up
A startup or start-up is a company or project undertaken by an entrepreneur to seek, develop, and validate a scalable business model. While entrepreneurship refers to all new businesses, including self-employment and businesses that never intend to become registered, startups refer to new businesses that intend to grow large beyond the solo founder. At the beginning, startups face high uncertainty and have high rates of failure, but a minority of them do go on to be successful and influential.Erin Griffith (2014)Why startups fail, according to their founders Fortune.com, 25 September 2014; accessed 27 October 2017 Actions Startups typically begin by a founder (solo-founder) or co-founders who have a way to solve a problem. The founder of a startup will begin market validation by problem interview, solution interview, and building a minimum viable product (MVP), i.e. a prototype, to develop and validate their business models. The startup process can take a long period of time (by so ...
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Silicon Valley
Silicon Valley is a region in Northern California that serves as a global center for high technology and innovation. Located in the southern part of the San Francisco Bay Area, it corresponds roughly to the geographical areas San Mateo County and Santa Clara County. San Jose is Silicon Valley's largest city, the third-largest in California, and the tenth-largest in the United States; other major Silicon Valley cities include Sunnyvale, Santa Clara, Redwood City, Mountain View, Palo Alto, Menlo Park, and Cupertino. The San Jose Metropolitan Area has the third-highest GDP per capita in the world (after Zurich, Switzerland and Oslo, Norway), according to the Brookings Institution, and, as of June 2021, has the highest percentage of homes valued at $1 million or more in the United States. Silicon Valley is home to many of the world's largest high-tech corporations, including the headquarters of more than 30 businesses in the Fortune 1000, and thousands of startup companies ...
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Pangyo Techno Valley
Pangyo Techno Valley (PTV) is an industrial complex in the city of Pangyo, Seongnam, Gyeonggi Province, South Korea. It is also known as the Silicon Valley of Korea. The complex focuses on information technology, biotech, cultural technology and fusion technology. One of the benefits of the diversity of fields and businesses is the maximized growth potential in the field of high-tech technology through exchanges between the companies. The location within a major metropolitan area creates synergy effects because of the proximity to other techno valleys or adjacent knowledge-based infrastructure clusters in the province. The business environment of the PTV is supported by the government of the Gyeonggi Province through the implementation of various support facilities as for examples a R&D center or public support center. Techno Valleys in Korea are playing an important role in innovation, creating new jobs and as hubs for technology start-ups. They are supported by the government t ...
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