Seoul’s new residential coworking space now accepting applicants

iseoulu

Seoul is opening a residential coworking space for young entrepreneurs and is accepting applications for it until June 30th.

The entrepreneurial space can accommodate up to 20 people from 8 different companies. Any startups in the contents, technology, and social ventures are eligible to apply.  However, the entrepreneurs must be residents of Seoul in their 20s.

In the first round of the application process, the judges will  consider the business model, the technological sophistication, and the widespread application of the services/products.  After the preliminary application process, the filtered applicants then will be selected through a period of education process and an in-person assessment.

The entrepreneurs will only be required to pay the maintenance cost,  without paying the rent. The duration of stay lasts up to 2 years.

The services provided by the government will include networking events, educational events, mentoring, and internships.

For more information  about the details  of the application process, visit their homepage and the K-startup page.

 

Inspired by Platum

Thomas Kim is a support staff member for a multinational law firm in DC. With a B.A. in political science from The George Washington University, he is interested in startup policies and has been involved in a number of cases including a research role at the department of entrepreneurship at GWU. (Though he has no formal education in technology, he considers himself a self-taught mobile apps expert through his active use of various different dating apps.)

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