K-Startup Grand Challenge (KSGC) is an inbound program supported by the Ministry of SMEs and Startups of the Republic of Korea. Its objective is to attract and incorporate promising foreign startups into Korea's Pangyo Techno Valley, with the aim of building a global startup hub in Asia and transforming the economy. The program is open to startups that are less than 7 years old or have a representative with a foreign nationality.

While the program prefers startups in manufacturing & device, IT & software, eCommerce & retail, ESG & green tech, healthcare & bio, mobility & robotics, metaverse & contents, and food tech & AG tech, it is not limited to these fields only. The top 60 teams selected for the program will receive numerous benefits, including participating in a 3. 5-month acceleration program, access to 1-on-1 mentors for language and business culture coaching, networking sessions with Korean startups and large companies, and financial incentives.

Additionally, participating startups will receive support for living expenses and housing, as well as help with visas. Selected teams will also be provided with office and project space, including equipment and infrastructure. At the end of the acceleration program, a Demo Day will be hosted to select the top 20 startups, who will receive additional financial incentives.

Moreover, the program offers Korean interns to assist startups in Korea for 3. 5 months. The K-Startup Grand Challenge has a successful track record, with numerous alumni teams expanding their businesses and establishing subsidiaries in Korea