「Overseas Investment Attraction Support for Promising Seoul Startups」 Recruitment for Global Strategic Partners 2021

The Seoul Metropolitan Government and Seoul Business Agency (SBA) are seeking and recruiting global investment institutions capable of mentoring and operating IR for overseas investment attraction for promising startups in Seoul with high growth potential.

지원분야: 판로ㆍ해외진출 지원대상: 일반기업 / - Korean branches of an overseas venture capitalist (VC) perating various investor networks while managing global funds (offshore funds) ; or - Investment companies whose representative worked as a venture partner of an overseas VC firm and experienced in investing in Korean startups - Detailed Qualtification : Two or more of the following requirements must be met, without exception. ① VC experienced in managing global funds of over KRW 10 billion, or a VC newly selected as a global fund manager(GP) by Korea fund of funds i.e. Korea Venture Investment Corp. ② Has invested in 5 or more Korean startups over the last 3 years as of the date of applying (July 2021) (startup incorporated in Korea or overseas incorporation founded by a Korean) ③ Possesses a network of leading foreign investors across the US, China, Japan, Europe, and the Middle East, among others - Other : A consortium comprised of a domestic/international AC and an overseas VC may apply. Requirements for Consortium Organization and Management ① An overseas VC must take the lead in managing global funds as a main partner while an accelerator (AC) plays a role of an associate partner. ② A domestic or international AC can participate as an associate partner. However, only ACs which can adequately carry out the matters proposed and have been recognized for their expertise in program execution will be recognized as associate institutions ③ During the program operation, the ratio of role sharing for the cooperating institution must not exceed 50%. The main partner (VC) must be responsible for investment-related activities such as investor networking, matching, and the final IR round in a proactive manner. ④ The responsibility for the submission of the plan, payment and execution ofexpenses, and the reporting on results lies with the VC, the managing institution. However, when operating a project as a consortium with an AC owned by a domestic legal entity, the AC may be in charge of issuing tax invoices and executing expenses, among others, via the preliminary approval process. this applies only for VCs without a domestic legal entity; 창업업력: 예비창업자,1년미만,2년미만,3년미만,5년미만,7년미만 대상연령: 만 20세 미만,만 20세 이상 ~ 만 39세 이하,만 40세 이상 지원지역: 서울 접수기간: 2021.06.25 ~ 2021.07.13 소관: Seoul Business Agency (SBA) / 지자체 담당부서: 인베스트서울센터 투자마케팅팀 문의: 02-●●●●-4144 상세: https://www.k-startup.go.kr/web/contents/bizpbanc-ongoing.do?schM=view&pbancSn=137048