2019 Announcement of Recruitment of Seoul Startup Hub Global Partners

Seoul Startup Hub is recruiting Global Accelerator for Cooperation to enhance global competitiveness of promising startups and startup ecosystem of Seoul. Please apply according to the instruction as follows if you are interested.

Mar. 8th. 2019

Seoul Business Agency

Ⅰ		Overview

❏ Purpose

To Support the start-ups in Seoul to expand to target markets and enhance global competitiveness of startup ecosystem of Seoul by attracting foreign agencies that have the ability to cultivate start-up companies and to link follow-on investment.

❏ Role & Cooperation

❍ Seoul Startup Hub

- Provide office room in Seoul Startup Hub

- Recommend outstanding startups from 45 startup centers of SMG

- Provide priority opportunity of SSH’s Global program

- Joint operation for global startup supporting program

❍ Global Hub Partners

- Design and operate outbound program for Seoul startups

- Design and operate inbound program for global startups

- Search and operate outstanding startups who want to penetrate into global market

- Joint operation for global startup supporting program

Ⅱ		How to Apply

❏ Subject

❍ Global accelerator which has a capability of accelerating startups who want to penetrate into the global market

- Public and private investment organization with fund

- Public and private supporting and incubating organization for startup’s global growth

- Public and private organization which can research and analyse global market

- The other public and private organizations which can be accepted as a necessary

❍ Qualification *all criteria must be corresponded

(1) Have and hold (an) investment portfolio

(2) Have and hold (a) performance of exchange incubating for outstanding global startups

(3) Have and hold (a) performance of global accelerating(such as Investment, in&outbound) in 3 years

※ proprietorships and individuals are not eligible.

❏ Recruitment

❍ Period : Rolling Recruitment

❍ Method of Recruitment : Online Announcement & Email Submission

❍ Method of Evaluation : Documentary Assessment

❍ Quota : about 10 Accelerators

❍ Contract Period : up to 3 years

* 1 base year + prolonged by every year through assessment on the performance of each year

* If no qualified candidate applied or the mutual negotiations collapsed, the recruitment may be invalidated or the size of selection is reduced. In this case, Seoul startup hub can re-announce the recruitment to find eligible partners under different conditions.

❏ Space Planning

❍ To be determined with mutual negotiation

Ⅲ		Role & Responsibility

❏ Role & Responsibility of ‘Global Hub Partners’

순번	내 용
1	❍ Design and operate outbound program for Seoul startups (over 3 Program per year) ex 1) Education/Seminar : Startup incubating education program 2) IRㆍDemoday : Make Demoday program for investment attraction 3) Networking Program : Matching between Startup-Investor-Accelerator ※ These Accelerating Program will be correlated with Seoul Startup Hub
2	❍ Design and operate inbound program for global startups - Joint supporting to enter the Seoul market for global startups of each party - Continuous managing performance and attracting investment of startups
3	❍ Search and operate outstanding startups who want to penetrate into global market - Leading by ‘Global Hub Partners’, match and recommend investment - Recommending startups from Seoul Startup Hub and 45 public startup center under by SMG
4	❍ Joint operation for global startup supporting program - Planning cooperation program for supporting global startups - Participating and promoting the parties’ programs and events

Ⅳ		Evaluation Process

❏ Application

① Period : Mar. 8th. 2019 ~

② Announcement Channel : Webpage of Seoul Startup Hub

③ Apply Process

1) Check the notice of application in webpage of Seoul Startup Hub

2) Download the document and fill In

3) Submit the documents and proofs required according to the proposal form via email(hi2semin@sba.kr).

④ Required Documents

(1) ‘Business Proposal of 2019 Seoul Startup Hub Global Partners’(appendix 1)

(2) ‘Company Profile’(free form)

(3) ‘Business License’(qualified by each country)

(4) ‘Proofs and The others for this application’(free form)

⑤ Submission : hub_global@sba.kr

❏ Evaluation & Selection

① Documentary Assessment : Screening by Evaluation Committee

- Valuation Criteria : understanding of program, ability of performance, plans for cooperation...etc(qualitative assesment)

* screening will be proceeding frequently.

* results will be notified via e-mail individually.

* It will be out when the grade is under 70 score.

② Proof Verification

③ Final Selection

④ Contract

⑤ Cooperation Progress

Ⅴ		Notes

❏ If the contents of the proposal are different from the facts or found to be false, the designation can be canceled even after a selection.

❏ Contact : Semin. Lee, Director of Global of Seoul Business Agency(hi2semin@sba.kr)

Attachment list 1. Business proposal for 2019 Seoul Startup Hub Global Partners(with company portfolio)