Global Startup Campus Project Overview
| Timeline | Phase 1 (5 years, 2017 to 2021) |
|---|---|
| Main Facility | Single/Multiple offices, Lean Start-up production plant, Idea Room, Accelerator support, etc. |
| Estimated Cost | 12.7 billion KRW (city expenditure) over 5 years/1.5 billion KRW in 2017 |
| Location & Size | On Incheon Global Campus / approximately 4,349㎡ (1,315 pyong) |
| Objective | Grow 200 global businesses and create 10K jobs |
Goal
The Global Startup Campus Project builds a ‘Go Global Framework’ and presents them to individual entrepreneurs and businesses that are targeting the global market.
By creating a ‘go global framework’ and by cultivating technology-based global startup businesses, it serves as a forward base that contributes to creating quality jobs and energizing the local economy.
Implementation Strategy
By fusing Smart Venture Campus with global universities on IGC and the Software Convergence Cluster, this project will help to establish and operate a ‘Global Business Special Zone.’
Utilize IGC universities as an essential project resource.
Build and operate a full life-cycle funding system, by proving a full slate of startup funds, accelerator/angel funds, R&D funds, startup loans, venture capital investment, among other funding mechanisms.
Introduce new strategies, such as Design Thinking, Lean Startup, and so