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Can a foreigner apply?
Yes, a foreigner can apply
The announcement sets no nationality restriction. You still have to meet every other requirement below, and the agency has the final say.
Pre-founders and early-stage startups in the medical/healthcare field (or related fields) with a company age (years since establishment) of less than 4 years (including pre-founders, less than 1 year, less than 2 years, less than 3 years). Must be able to relocate the business address to Seo-gu, Busan. Applicants may be any age. All types of entities (individual business, incorporated business) are welcome. Specific exclusion criteria are detailed in the official notice.
Funding
β
Deadline
2026-11-30D-25
Duration
1 year (renewable annually upon review)
- Dedicated office space (12.14~32.54γ‘, 20 units available) located at Songdo Zairnede Ocean, Seo-gu, Busan - Use of shared facilities: prototype fabrication lab, meeting rooms, etc. - Clinical linkage: collaboration opportunities and joint project setup with researchers affiliated with the university hospital - Medical-specialized support programs: education, mentoring, networking, and follow-up support - Opportunities to participate in full-cycle startup support programs - Contract period: 1 year (renewable annually upon review) - Security deposit: none - Monthly rent: KRW 65,410~174,880 (VAT excluded; paid annually in advance; management fee billed separately)
Eligibility for most Korean programs depends on your visa status and company age. Create a free profile to see which programs match your situation β plus 3 free deadline alerts.
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