When we say entrepreneurship it is Silicon Valley. But what if we move our sights over to Asia? According to Startup Compass, Singapore has Asia’s best start-up ecosystem in terms of the start-up’s throughput. Singapore’s well-made start-up ecosystem is said to be rooted in and backed by the country’s fertile financial infrastructure.
beSUCCESS report on the role of the South Korean government in supporting startups in the country. The report looks at some of the initiatives, funds and programs of the South Korean government aimed at helping startups and SMEs.
Vuzz, the Japanese startup which is behind the food photo sharing app ‘SnapDish’,has launched SnapDish for Android on Korea’s largest app market “T store” and the Japanese market “qiip” both operated by South Korea’s SK planet. SK planet will be cooperating in promoting SnapDish to the users of both app markets.
We, at beSUCCESS, have received requests, many times and over from our overseas partners and associates in Europe, U.S, and Asia on the information about Korea’s financial systems and services for start-up companies, including venture capitalists (“VC”), angel investors (“angels” or “angel”) and government-initiated programs.
As part of our efforts to give global visibility to Korean startups, we had partnered with various media outlets globally to spread the word about beLAUNCH. beLAUNCH got extensive media coverage in Korean and foreign print and online media. Here is a compilation of the media reports on beLAUNCH.
Gobann is an online marketplace, based in Indonesia for entrepreneurs, freelancers, and even professionals, to trade creative talents at a fixed price of Rupiah 50,000. Shawn Byun who was born in Korea and was brought up in Indonesia answers a few questions about their entrepreneurial venture. Shawn has also co-founded an application developing team called Tangible Idea that has developed South Korea’s first mentoring application, MEEPLE, derived from MEEting and PLacE (or peoPLE).
As there are more and more startup companies diving into the global market, a lot of large firms from all over the world are paying attention to them. We at beSUCCESS give you a glimpse into the South Korean startup ecosystem by sharing of 3 successful Korean startups.
Soumitra Sharma who is part of the Investments Team at IDG Ventures India, a US$ 150 million venture capital fund focused on investing in Indian technology and technology-enabled businesses shares his thoughts and advice about fund raising from VC firms.
Between, an app by South Korean startup VNVC (Value Creators & Company) has been judged the best mobile app at The Next Web’s 2012 Conference in Amsterdam. ‘Between’ is a mobile service that provides a private community to share with your significant other. Between provides quick chat between couples, a photo album and message functions.
Microsoft and Facebook announced today that Microsoft will assign to Facebook the right to purchase a portion of the patent portfolio it recently agreed to acquire from AOL. Facebook has agreed to purchase this portion for $550 million in cash.