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  • Seoul Global Center Opens Business Lounge for Foreign Entrepreneurs

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    The Seoul Metropolitan Government recently announced the grand opening of a Business Lounge in the Seoul Global Center. The SGC Business Lounge will act as a flexible and collaborative workspace that Korean and foreign entrepreneurs can use free of charge to connect with each other and share information. The center began accepting applications for Business Lounge membership on April 21.

    Measuring a total area of about 105㎡, the lounge is equipped with tables, chairs, and a projector, for a wide range of get-togethers from small meetings to corporate presentations. Basic amenities including wireless internet, a copier, and a fax machine are also available for the convenience of lounge users.

    Business Lounge membership is open to any Korean or international entrepreneur. Interested parties may sign up on the Seoul Global Center homepage http://global.seoul.go.kr
    There are 100 membership slots available.

    The lounge is open to members between 9am and 8pm, Monday through Friday for business meetings, corporate presentations, and product demonstrations (etc.). The center will also offer free business consultations on taxes, patents, legal affairs, and labor services to assist startups and those planning on doing business in Korea in the near future.

    Members whose businesses are deemed to have a high growth potential will be selected as “Special Members” through a separate evaluation. Special Members will be able to receive additional support from the city administration such as regular business coaching, expert consultations by industry and sector, and diagnosis of weak areas specific to their field. In addition, Special Members will have priority when registering for classes and seminars offered by the center and can also receive additional points when applying for Incubation Offices.

    The Seoul Global Center is in the process of developing diverse business programs for its new Business Lounge, such as business fairs for domestic and international companies and lectures by successful foreign business people in Seoul. Through such programs, the city administration hopes to connect international companies with domestic companies interested in expanding overseas.

    Ever since it was first opened in 2008, the Seoul Global Center has offered a variety of services and information for foreigners living in Korea in 10 different languages, including English, Chinese, Japanese, and Vietnamese. The center also offers Korean classes and promotes cultural exchange and provides a number of business-related programs, such as consultations and assistance for start-up ventures.

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