Find XO: Startup Budget Hits a Record 3.4645 Trillion Won (platum.kr)
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- The government has set the startup support budget for 2026 at a record high of 3.4645 trillion won, and early-stage investor The Ventures was selected as the operating agency for Everyone's Startup Seoul.
- However, funds are concentrated on proven later-stage companies, and the 'death valley' for early teams is deepening.
- Even after the operating agency selection, the process requires idea discovery and technology verification, so the perceived speed may be slower.
- Teams running out of funds should focus on securing evidence to attract follow-up investment rather than just relying on grants.