The shortlisted startups will receive guidance from T-Hub through a rich curriculum of activities, specifically designed to help the startups explore business opportunities in the Indian market during the programme.
Telangana’s startup ecosystem builder T-Hub and Korea SMEs and Startups Agency (KOSME), an initiative of the Ministry of SMEs and Startup of South Korea, on Tuesday announced that they have shortlisted 10 early-stage South Korean startups for the Startup Accelerator 2020 market access programme.
The startups will benefit from new business opportunities, market understanding, access to customers, and a deeper understanding of the Indian market. The partnership will create ample opportunities for startups to scale up in the Indian market.
Startups accepted in the programme will also receive guidance from T-Hub through a rich curriculum of activities, specifically designed to help the startups explore business opportunities in the Indian market. T-Hub will execute the acceleration programme virtually in view of the pandemic, and the startups will undergo intensive training for two months.
In addition, the startups will undergo various online workshops/webinars, mentor hours, founders’ talk, interventions and sessions with subject matter experts and mentors of T-Hub.
“The need of the hour for the startups across the globe is to swiftly adapt to the new changes and seize the unique opportunities presented by the pandemic. We not only support these deserving startups but also ensure that all the stakeholders benefit from the program. The startup Accelerator program has been designed specifically for South Korean startups to help them establish a firm foothold in the Indian market. T-Hub will be acting as their partners to support and guide them. T-Hub’s collaboration with KOSME will provide international market access to South Korean startups and facilitate connections with key stakeholders. We look forward to seeing their success in India.,” Ravi Narayan, T-Hub CEO, and Telangana’s chief innovation officer stated.
One beauty Korea (dental implants), A-virtual, Honour Farm, LabSD, Letsfarm, Braincolla, Coconut Silo, L’air Pur Co., Ltd, TAGHIVE Inc, and Korean Aviation Lights are shortlisted for this programme.
Jung Hwan Moon, KOSME chief representative India said, “T-Hub being the main driver of this programme, I strongly believe that this two-month intensive training will help the startups to build a strong foundation for their business in India.”