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  • Foreign Residents Welcome at Venture Office in Seoul Global Center

  • Economy & Investment News SMG 4579


    The Seoul Metropolitan Government has arranged an office for venture businesses at the Seoul Global Center, and it is seeking applicants for the space.

    A total of six venture businesses set up and run by foreign residents in Seoul will share an office measuring 37 ㎡ (about 11 pyeong in the traditional Korean unit of measurement).

    The businesses will be eligible for one-on-one business coaching with experts deployed at the center as well as business setup education and seminars. Businesses will share the office for up to eight months (May ~ December 2013), paying neither rent nor maintenance costs. They will be provided basic office equipment such as computers, telephones, and facsimile machines.

    Applicants must be duly registered alien residents with valid visas and who set up their businesses less than a year ago or who would like to set up their businesses before the end of the contract period (May ~ December 2013).
    The Gangnam and Yeouido Global Business Centers accommodate eight venture businesses. With the addition of six businesses at the Seoul Global Center, a total of 14 venture businesses run by foreign residents in Seoul will receive support from the city government.

    The deadline for application for venture business office at the Seoul Global Center is Friday, May 3, 2013. Following document reviews and interviews, the final results will be announced on Wednesday, May 15, 2013. For inquiries, log on to the website (http://global.seoul.go.kr) or call +82-2-2075-4140 of the Seoul Global Center.

    Meanwhile, the Seoul Global Center offers foreign residents general counseling, expert counseling (law and labor), and business counseling in nine foreign languages: English, Chinese, Japanese, Vietnamese, Tagalog, Mongolian, Russian, Uzbek, and Thai. As the largest facility in Seoul, it was built to help foreign residents in the capital settle in the city most conveniently.

    Situated in Jongno, the business hub of the capital city, the Seoul Global Center boasts of the best geographical location as an incubation office. In particular, it is conveniently accessible by bus and subway.

    Notice of Application for Incubation Office at Seoul Global Center

    Description Seoul Global Center Remarks
    Location 6th Flr., Seoul Global Center, Seoul
    Office Size 36.72m2 To be shared
    Capacity Six businesses
    Period May ~ December 2013
    Qualification Foreigners planning to set up a venture business or new venture businesses set up less than a year ago
    City Support Office space, office equipment, Internet connection, consulting/marketing/publicity services, etc.
    Conditions Compliance with the contract terms and conditions and requirements of the Seoul Global Center

    Application Details

    Application Timeline

    • Application Period: April 16 (Tuesday) ~ May 3 (Friday), 2013
    • Document Review: Wednesday, May 8, 2013
    • Interview: Monday, May 13, 2013
    • Final Announcement: Wednesday, May 15, 2013
    • The schedule above is subject to change due to circumstances.

    Application Information
    Documents to be submitted: application (including business plan), business plan, resume (with photo), copy of passport (with page showing visa status), copy of alien registration card and business license (in case of business that is already set up)

    Application Document Submission
    – e-mail: sgcbizincubation@gmail.com
    – Mail: (110-110) 6th Flr., Seoul Global Center, 38 Jongno, Jongno-gu, Seoul

    For inquiries, contact: Seoul Global Center (Tel. +82-2-2075-4140)