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. 

What can you expect?

  • Understand the local ecosystem of South Korea
  • Meet potential clients, advisors, industry experts, and VCs
  • Learn from local and international startups as they share their market entry success stories
  • Insights into how to do/not do business in South Korea  (including legal requirements, how to approach corporates etc.), and cultural familiarization
  • Startups will also get an overview of Singapore’s startup ecosystem and legal insights during the program
See our virtual schedule

Key info

Who can apply?

Must be a Germany-registered startup* from any sector or industry, with:
– Traction in the German market
– Or a product (at least MVP) that is destined for the Asian market
– Or interest in the Asian market

*The program is also open to German VCs and incubators.

How much does it cost?

As the program is supported by the German Federal Ministry for Economic Affairs and Energy (BMWi), participation fees are subsidised and kept low to cover operational expenses.

The program costs 750EUR per individual (covers both virtual program and the local immersion). It does not include travel and accommodation costs, which have to be covered by participating companies.

How can I apply?

Please apply here. You will be notified via email on the rest of the process.  

Apply Now for Our Virtual Program

Program Edition

In lead up to South Korea immersion program taking place later part of 2020, we will be running our program content virtually for you to access market insights, 1:1 business matching and strategy workshops. Sign up now for our virtual programs!

7- 25 September
South Korea Virtual

Country Partners

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Connect and engage with our startups

If you are a corporate with an interest in German startups and would like to get more involved in the German-Asian startup ecosystem, get in touch with us!

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

There’s no better way to learn how to expand into Asia than being here. Contact us to find out how.