Find XO: Global Scale-up from Daegu: How to Utilize the Star Venture Promotion Project (platum.kr)
Writing language: Korean Read in the original language
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- Daegu City and the Daegu Creative Economy Innovation Center select four companies through the Star Venture Promotion Project and provide up to 40 million KRW in support.
- They also support overseas expansion linked with Plug and Play, but companies from other regions must relocate their headquarters to Daegu as a condition.
- Even if the funding does not require giving up equity, if hiring and customer service become difficult after relocation, it is hard to consider it cheap; therefore, operating costs after moving are calculated before considering the support amount.