“We are building international competitiveness in Pangyo.”

On the 12th at the office of “Gyeonggi Startup Campus” in Pangyo Techno Valley, Seongnam, Gyeonggi Province, Jeon Jin-hoon, CEO of Realtyss Co., Ltd., said, “Since moving in, mentoring and business matching programs have greatly increased opportunities to meet investors and technology partners in person,” adding, “This process has led directly to sales growth and investment attraction.”

The company, which manufactures customized dental prosthetics using artificial intelligence (AI), recorded KRW 5.6 billion in sales last year and secured an additional KRW 1 billion in investment in September this year. Recognized for its technological innovation and marketability, it received the Minister of SMEs and Startups Award in the Youth Enterprise category at the “2024 Venture Startup Promotion Meritorious Persons” awards. Jeon explained, “We have filed international trademarks in the United States, China, and Singapore.”

● Strengthening growth drivers for tenant companies

Gyeonggi Province and the Gyeonggi Business & Science Accelerator (GBSA) operate the Gyeonggi Startup Campus as a base to support startup companies by growth stage. Currently, 60 tenants are based there, including prospective entrepreneurs and companies within seven years of founding in advanced industries such as information technology (IT), biotechnology (BT), and nanotechnology (NT). Tenant companies can receive rental support for up to two years and review their business models through stage-specific consulting on management, investment, and overseas expansion, as well as investment relations (IR) pitching and community programs.

According to GBSA, as of last year, incubated companies at the Gyeonggi Startup Campus recorded KRW 42 billion in sales, 126 new hires, KRW 4.5 billion in investment attraction, and 165 intellectual property applications. Jeong Sang-soo, CEO of smart mobility solutions company Vestella Lab Co., Ltd., said, “Through overseas IR events and networking programs, we signed business agreements with partners in Thailand and Qatar, among others.” The company generated KRW 5.6 billion in sales last year and, after moving into the Gyeonggi Startup Campus, successfully attracted an additional KRW 2 billion in investment.

● Expanding inter-company collaboration through networking events

This year, Gyeonggi Province and GBSA are holding the “2025 Startup Incubated Companies Networking Event” for the 60 tenant companies. The program is designed to enable participating companies to share their business items and identify collaboration opportunities.

At “Community Day” held in June, about 50 entrepreneurs gathered to participate in a collaboration matching program. At “Connecting Day” in August, experts in investment, intellectual property, and marketing joined a talk concert and group mentoring sessions to address practical difficulties faced by startups.

At the “IR Demo Day” in September, 10 incubated companies took part in IR pitching and drew investment intentions totaling KRW 1.8 billion. Sim Gyu-byeong, CEO of Lin Value-Up, who participated as a judge, said, “Despite being at an early stage, many of the companies showed both high technological completeness and marketability,” adding, “Their presentations were specific enough that there is a strong likelihood of actual investments following.”

At the “Meet-up Day” held on the 12th of this month, senior entrepreneurs—Yongjoon Choi, CEO of lululab, Jin-yeol Lee, CEO of Korea Senior Research Center, and Wonil Yoo, CEO of TANDM—met with junior founders to share strategies for global expansion and experiences in overcoming crises.

Gyeonggi Province and GBSA plan to further advance the startup ecosystem so that startups can grow stably by broadening collaboration with private accelerators, venture capital firms, universities, and research institutes. Jeong Han-gyu, Director of the Advanced Mobility Industry Division of Gyeonggi Province, said, “The Gyeonggi Startup Campus has established itself as a network hub where entrepreneurs grow together through collaboration and innovation,” adding, “We will further advance the integrated support system that connects technology startups, investment attraction, and global expansion into a single chain, and foster Pangyo as a leading base for innovative startups.”

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