With the doubling of startup support facilities by 2022, Seoul is poised to become a regional hub for both local and foreign startups and innovators looking to explore new business opportunities.

Unlock new opportunities in South Korea’s high-growth sectors 


South Korea is the world’s 9th and Asia’s 3rd largest medical devices market.  Take advantage of the country’s high demand for innovative solutions that will address its shrinking & aging population 

Korea Skyline

Smart City

With a high urbanization rate of 82% and most connected online markets, South Korea is also the 1st country to launch 5G network.

Smart Factory

Find out how to benefit from government incentives for companies developing Smart Factory technology as South Korea aims to build 30,000 smart factories by 2022. 

Country Partners

Next Step is powered by German Accelerator, which is run by German Entrepreneurship GmbH and is supported by the German Federal Ministry for Economic Affairs and Energy (BMWi).