– Collaboration ‘Challenge’ between 29 ministries starting from the 10th! Integrated notice for recruitment of participating teams for ‘K-Startup 2024’

□Ministry of Land, Infrastructure, and Transport (Minister Park Sang-woo), Ministry of SMEs and Startups (Minister Oh Young-joo), Ministry of Education (Deputy Prime Minister and Minister of Education Lee Joo-ho), Ministry of Science and ICT (Minister Lee Jong-ho), Ministry of National Defense (Minister Shin Won-sik), Ministry of Culture, Sports and Tourism (Minister Yoo In-chon), Ministry of Environment (Minister Han Hwa-jin), Ministry of Gender Equality & Family (Minister Kim Hyun-sook), Defense Acquisition Program Administration (Director Eom Dong-hwan), Korean Intellectual Property Office (Director Lee In-sil) is held in collaboration with 10 ministries. Korea’s largest government-wide startup competition'challenge! K-Start-up 2024 'full-scale promotionSaid.

 

ㅇ ‘Challenge! ‘K-Startup 2024’ 129() Integrated notice시작The preliminary league for each ministry will be held until September, and then the integrated finals (9 teams) in which (prospective) entrepreneurs who passed the preliminary league* will compete will be held to determine the 210 teams that will advance to the King of Kings.

 

* Real Estate New Industry League for (prospective) entrepreneurs in the new real estate industry such as proptech (scheduled for February-July 24.2)

 

ㅇ In December, the best performance of the year will be held through the final stage, King of Kings. start-up company 10Dog and Pre-founder 10dog teamselect total winnings 14억원(up to 3 million won), Presidential Award, Prime Minister Award, etc. thalamusThis concludes the one-year journey.

 

□Compared to last year’s competition, this year’s Preliminary league and competition operationschangeThere is.

 

ㅇ First, this year’s preliminary league was held to discover promising startups in the sports industry. sports league(MCST)Newly establishedThere are a total of 11 in operation.

 

ㅇ Also, ‘Challenge! ‘K-Startup 2024 King of Kings’ is scheduled to be held in December this year. 'Come up 2024', 'K-Startup Grand Challenge'Linked with·operationBy expanding networking opportunities with global investors, etc. Global advancement of participating teams지원do.

 

Competition Discipline Systemchangedo. In consideration of overseas cases, the name of the existing discipline was changed to TOP 10 (Encouragement Award), TOP 7 (Excellence Award), TOP 3 (Excellence Award), and Grand Prize, and teams that passed the competition rate of about 200 to 1 and advanced to the King of Kings but did not receive the award were awarded. To this end, we plan to establish and award a special award (Ministry of SMEs and Startups Award).

 

Strengthening follow-up linkage supportdo. Previously, priority selection for start-up commercialization support projects was limited to the winning teams of the competition (2 teams, start-up league/pre-start-up league), but from this year, it has been expanded to the TOP 3 (6 teams, start-up league/pre-start-up league), and has been expanded to 25 reserve. It will be possible to carry out start-up commercialization support projects such as start-up packages.

 

□'Challenge! (Prospective) entrepreneurs who wish to participate in ‘K-Startup 2024’ K-Startup website(www.k-startup.go.kr) Posted integrated notice and detailed recruitment notice by department operating the preliminary leaguePlease check and apply according to the application period for each preliminary league.

 

Source: Ministry of Land, Infrastructure, and Transport