Incheon's 10 Best Startup Accelerators & Incubators [2021]

Incheon's 10 Best Startup Accelerators & Incubators [2021]

Are you looking for an accelerator program in Incheon South Korea?

According to the World Bank, South Korea has experienced remarkable success in combining rapid economic growth with a significant poverty reduction.

If you're starting a startup in [insert city name here], you might be wondering what startup accelerators or incubators exist in the area. Here's the full list:

Best Startup Accelerators & Incubators In Incheon South Korea.

# Accelerator/Incubator $ Loc. Apply
1 SparkLabs Global Ventures $50K - ... Incheon... Apply
2 ActnerLab $20K - ... Incheon... Apply
3 Mashup Angels $50K - ... Incheon... Apply
4 Born2Global Not dis... Incheon... Apply
5 DREAMPLUS Innovation Hub Not dis... Incheon... Apply
6 WeWork Labs Korea Not Dis... Incheon... Apply
7 N15 Hardware Accelerator Not dis... Incheon... Apply
8 Lotte Ventures Not dis... Incheon... Apply
9 d2startup Not dis... Incheon... Apply
10 Bluepoint Partners Not dis... South K... Apply

1. SparkLabs Global Ventures

  • Location: Incheon, Seoul, California
  • Industry: Internet, online gaming, mobile, e-commerce, digital media, healthcare, IoT, and hardware sectors
  • Investment Size: $50K - $250K
  • Program Length: 4 Months
  • Equity Taken: 6%

SparkLabs Global Ventures invests $50K - 210K in its portfolio companies at 6% equity. However, the equity percentage will vary depending on the startup's size and investment status.

The accelerator firm targets companies on the internet, online gaming, mobile, e-commerce, digital media, healthcare, IoT, and hardware sectors. The SparkLabs Global Ventures accelerator program runs for 4 months and targets the early-stage startups that have the potential to expand globally.

Apply to SparkLabs Global Ventures, or learn more ➜

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2. ActnerLab

  • Location: Incheon, South Korea, China, American West, Singapore, Malaysia.
  • Industry: Hardware
  • Investment Size: $20K - $100K
  • Program Length: 5 Months
  • Equity Taken: 5%-10%

ActnerLab is a startup accelerator that seeks to help the establishment of hardware startups.

The ActnerLab accelerator program makes it possible for entrepreneurs to manufacture prototypes directly, and to turn their innovative ideas into an exciting reality. Therefore, ActnerLab offers the startups a 5 months education program that serves to strengthen the startup's base.

In addition, the accelerator program includes funding in the range of $20K to $100K for a 5% - 10% equity.

Apply to ActnerLab, or learn more ➜

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3. Mashup Angels

  • Location: Incheon, South Korea
  • Industry: ICT
  • Investment Size: $50K - $300K
  • Program Length: Not disclosed
  • Equity Taken: 10%

MashUp Angels is an early-stage accelerator program targeting companies that specialize in ICT.

The Accelerator program has supported more than 90 startups. Their investment range from $50K to $300K for a 10% equity in the startups.

MashUp angels help startups to make decisions focusing on business development, monetization, investment strategy, and marketing strategies.

Apply to Mashup Angels, or learn more ➜

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4. Born2Global

  • Location: Incheon, South Korea
  • Industry: Technology
  • Investment Size: Not disclosed
  • Program Length: Not disclosed
  • Equity Taken: *Not Disclosed *

Born2Global invests in companies with high potential for entering the global market.

Apart from funding, the accelerator program is sector agnostic and offers consulting solutions like professional consulting in law, patents, accounting, marketing, investment, and business development.

Additionally, Born2Global gives training services to startups via conferences, seminars, and meetings.

Apply to Born2Global, or learn more ➜

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5. DREAMPLUS Innovation Hub

  • Location: Incheon, Japan, China, and Southeast Asia
  • Industry: ICT
  • Investment Size: Not disclosed
  • Program Length: Not disclosed
  • Equity Taken: *Not disclosed *

DREAM PLUS Innovation Hub provides chosen startups with the opportunities to develop and grow their businesses.

The Accelerator program focuses on helping startups with investor funding, networking, global market entry, and access to the DreamPlus infrastructure.

The DREAM PLUS Innovation Hub aims at providing plenty of opportunities and hopes to startups that are eager to achieve their ultimate dreams.

Apply to DREAMPLUS Innovation Hub, or learn more ➜

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6. WeWork Labs Korea

  • Location: Incheon, Minneapolis
  • Industry: Innovative Industry
  • Investment Size: Not Disclosed
  • Program Length: Not Disclosed
  • Equity Taken: *Not disclosed *

We Work Labs offers a growth platform for early-stage startups and creative businesses.

The program provides entrepreneurs with access to mentorship, resources, working space, educational programs, networking opportunities, services, brainstorming sessions, and digital platforms to create an impact in the industry and accelerate the growth of businesses.

Apply to WeWork Labs Korea, or learn more ➜

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7. N15 Hardware Accelerator

  • Location: Incheon, South Korea
  • Industry: Hardware
  • Investment Size: Not disclosed
  • Program Length: Not disclosed
  • Equity Taken: *Not disclosed *

N15 Hardware Accelerator invests in startups focusing on the hardware industry.

TheN15 Hardware Accelerator aims at turning new ideas into real products through their maker space and helping startups enter the global market.

The accelerator program connects startups to a diverse network that includes experienced software experts and manufacturing experts who get the products into the market.

Apply to N15 Hardware Accelerator, or learn more ➜

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8. Lotte Ventures

  • Location: Incheon, South Korea
  • Industry: Technology
  • Investment Size: Not disclosed
  • Program Length: Not disclosed
  • Equity Taken: *Not disclosed *

Lotte Ventures runs the L-Camp Accelerator program, which is available to early-stage startups and is meant to support rapid growth through fund investment with an aim of building mature startups.

The core objective of the Lotte Ventures accelerator program is to bridge between large corporations and startups, by providing the startups the necessary mentorship and access to the lotte network and resources.

Lotte Accelerator program invests $1.3 million in a shared kitchen service startup called simple project.

Apply to Lotte Ventures , or learn more ➜

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9. d2startup

  • Location: Incheon, South Korea
  • Industry: Technology
  • Investment Size: Not disclosed
  • Program Length: Not disclosed
  • Equity Taken: *Not disclosed *

d2startup is a technology startup accelerator investing in startups with outstanding technology and supporting their growth. The accelerator program targets startups in AI, robotics, autonomous driving, healthcare, and IoT.

The Accelerator program includes access to workspace, mentorship, networking opportunities, and collaboration opportunities.

Apply to d2startup, or learn more ➜

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10. Bluepoint Partners

  • Location: South Korea
  • Industry: Artificial Intelligence, Augmented Reality, Biopharma, Biotechnology, Energy, Health Care, Internet of Things, Venture Capital, Virtual Reality.
  • Investment Size: Not disclosed
  • Program Length: Not disclosed
  • Equity Taken: *Not disclosed *

Bluepoint Partners is an accelerator focusing on technology startups looking at social problems.

The Bluepoint Partners accelerator program seeks to help the startups with the potential to start a business by discovering the technological expertise that is hidden in various fields including research, academia, and industrial fields.

Apply to Bluepoint Partners, or learn more ➜

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Pat Walls,  Founder of Starter Story

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