Korea SMEs and Startups Agency (KOSME)'s Startup Success Package "Youth Startup Academy northern Gyeonggi" is nurturing young technology-startup corporations based on an investment-type operating-company system. It supports the entire startup process, from commercialization funds and startup space to education, investment linkage, and global expansion, and is pushing to foster successful startup corporations.
The Youth Startup Academy is a program that discovers young founders with outstanding startup items and innovative technologies and provides end-to-end support before launch. Eligible applicants are representatives under 39 who founded their companies within the past three years, and experienced founders may apply within seven years after founding.
Selected corporations receive an average of 70 million won and up to 100 million won in commercialization funds. It also offers stage-specific programs such as startup space, technology support, global support, commercialization support, and investment support.
The Youth Startup Academy northern Gyeonggi has run for seven consecutive years since 2020 and has incubated a total of 275 corporations from the 10th to the 16th cohorts. From the 10th to the 15th cohorts, it made direct investments of about 3.3 billion won in 33 corporations, and 21 corporations among them were selected for TIPS. The currently operating 16th cohort is also making direct investments of about 500 million won in three corporations and supporting TIPS linkage.
Incubated corporations from the 11th to the 15th cohorts attracted about 4.3 billion won in indirect investment, and last year 40 incubated corporations posted about 6.9 billion won in sales and created 93 new jobs.
Representative cases include "Greenloop" and "SLOC." Greenloop, after being selected for the Youth Startup Academy and TIPS in 2025, received a 100 million won investment from CNTTech and follow-on investment support from Ewha Womans University Technology Holdings. It was also selected for Korea Credit Guarantee Fund (KODIT) Little Penguin and KDB Next One, among others. Last year it received the Minister of the Ministry of SMEs and Startups award, and sales increased from about 230 million won in 2024 to about 1.15 billion won in 2025.
SLOC, after being selected for the Youth Startup Academy and TIPS in 2024, was selected for the export voucher program. Last year it opened a "DANAYAD" store in the Marais district of Paris, France. Since then, it has continued to expand its business by attracting follow-on investment from the Daegu Center for Creative Economy and Innovation, among others.
The Youth Startup Academy northern Gyeonggi has established a support system that provides startup space, commercialization funds, startup education, and dedicated coach mentoring in a single program. In particular, based on the expertise of the investment-type operating company, it offers tailored programs across investment, including common investment education, investment meetings, and corporate presentation consulting. It is also continuing follow-on growth support such as direct investment and TIPS linkage.