Entrepreneur Archives | Be Korea-savvy
Gov’t to Set Up 500 bln Won Fund for Venture Startup Failures

Gov’t to Set Up 500 bln Won Fund for Venture Startup Failures

SEOUL, May 26 (Korea Bizwire) — The government plans to raise 500 billion won (US$447.5 million) in funds to help entrepreneurs at venture startups restart business when they fail, officials said Thursday. In South Korea, a failure in a venture startup often leads to ruin, prompting young entrepreneurs to shun risk-taking, which has been cited [...]

WeWork Opens its First Office Space in Seoul

WeWork Opens its First Office Space in Seoul

SEOUL, Aug. 2 (Korea Bizwire) – WeWork, an American company that provides shared workspaces, has opened its first office in Gangnam. The company currently operates over 100 offices in 30 cities around the world, providing business-to-business networking opportunities, and establishing business communities to help promote startups, entrepreneurs, and small businesses.  “Seoul has long functioned as [...]