unicorns Archives | Be Korea-savvy

Number of Unicorns Hits New High of 18 in 2021

SEOUL, Feb. 15 (Korea Bizwire) — The number of unicorns in South Korea reached an all-time high in 2021 amid state support for promising startups, data showed Tuesday. Asia’s fourth-largest economy had 18 unicorns as of end-December last year, up from 13 a year earlier, according to the data from the Ministry of SMEs and [...]

Seoul Set to Develop More Global High-tech ‘Unicorns’

SEOUL, April 19 (Korea Bizwire) – In a dramatic turn, the South Korean government has decided to offer assistance to more promising and competitive startups as part of its venture support programs. Previously, the government focused on expanding the pool of startup companies, putting more energy into fostering entrepreneurship and venture startups, and choosing a [...]