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KT Launches “Startup Nomad” Program

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Tuesday, June 17th, 2014
SEOUL, KOREA - KT announced on June 16 that it has decided to run a startup nomad program to support Korea’s promising start-ups to make inroads into global markets through cooperation with overseas venture-incubating companies.

 

The startup nomad program is designed to provide supports to those who go for global markets under the spirit of “nomad” without settling for the present.KT will host a two-day screening camp starting from July 7, to choose a total of eight teams among those who apply fir participating in the program.

The candidates should have specialty in contents business, including the Internet of Things-based hardware, app convergence business and games.

The selected teams will be given the opportunities of moving into KT’s Eco Innovation Center, plus a financial support of up to 20 million won. In addition, they will be provided supports from KT’s Econovation Mentoring group and arranged with investment firms. 

Furthermore, global networking and mentoring opportunities will be given to them during their two-week stay inSilicon Valley, California.


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