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G-HUB

Introduction

Cluster G-HUB Pangyo Introduction

Startup Ecosystem Support Strategy

  • Regional cluster specialization and building a cooperative system for customers and each stage of company’s life cycle
  • Strengthen the function of network between creators, prep entrepreneurs and startup content creators
  • Create the virtuous cycle ecosystem for each startup stage with Gyeonggi content Korea lab
  • Hidden creative manpower discovery and idea generation, and the business establishment promotion through the development of commercializing support structure
  • culture + IT + productioncreative manpower

    Innovative Idea

  • space provisionsSmart Office

    Startup space

  • training supportsYouth Startup 2030

    Startup Training

  • mentoringcultural startup
    planner

    Startup performance

  • networkworkshop
    demo day

    Investment connection

  • Investment & Overseas ExpansionNexeed Fund
    G-START E

    EXIT

Startup Ecosystem Support Project Structure

Gyeonggi Culture Creation Hub + GyeonggicontentKorea lab + Youth Startup SMART 2030 + Nexeed Angel Support Center
Build a virtuous cycle ecosystem based on prep entrepreneurs, startup targeted space + program support + professional manpower +fund support/Investment
After opening in 2014, operated the program for 1,591 times with 24,931 attendees

Stage, Idea generation, Idea actualization, Contents planning, Team building, Business model sophistication, Contents production/Beta service, commercialization, growing stage, maturing stage line01 - Space : 9F Coworking Space / Virtual Office / Business registration address support / 6F Project Room / 8F Startup Office Graduation (Outside Space) line02 - Test bed technology support : web manpower and equipment support (Filming, Studio 3D Printer, HD Camera, SDLR, Editing room, Record room, iMac and such) line03 - Incubating Program : G-START(A, B, C, D) | Accelerating | Seminar/Networking/demo day | GSTART E : Global expansion Youth Startup Smart 2030 : Tax, Accounting, Laws, Management and other basic training/Marketing, Distribution, Consulting|Marketing professional group / 1:1Mentoring Content Player Studio, Idea Melting Pot, Wikifacturing(위키팩처링) | Super kkiero(슈퍼끼어로) Creative Seminar S|Patent Application Support | Creation Power Station | Creative Seminar S line04 - Manpower Training : Culture business establishment planner line05 - Funding Support : Marketing/Outlet/Production/Applying for Intellectual Property Rights and etc. One man business oriented funding support Youth Startup Smart2030:Initial capital of 10million won ~ 20million won|Production Support|Gyeonggi trust guarantee funds sponsor system / Gyeonggi Angel Investment Matching Fund / Nexeed Angel Support Center

Space Provision

G-HUB Pangyo

8F Startup Office
  • Targets for space provision
    • Startup companies operating less than 7 years in the culture content and integrated industry
    • Private startup supporting companies and cooperating companies that constitute the startup ecosystem
  • Space Provision Period

    First 6 months contract (maximum 2 years of extension after evaluation)

  • No. of rooms available
    • Total 22 Rooms
    • Room for 3 person (8 Rooms), Room for 4 person (4 Rooms), Room for 6 person(7 Rooms), Room for 8 person (1 Rooms), Room for 9 person (2 Rooms)
  • Status of space provision Enterprise

    22 companies are occupied

  • No. of Employees in space provision Enterprise

    104 employees

  • Space Provision Enterprise Industry Distribution
    Space Provision Enterprise Industry Distribution
    Content
    solution
    Education Private
    accelerator
    Total
    18 3 1 22
    82% 14% 4% 100%

Gyeonggi Content Korea Lab

6F Creator Team
  • Target for Space Provision
    • Prep entrepreneurs who are doing the project or working in culture content field and entrepreneur operating the business less than 5 years
  • Space Provision Period

    First 6 months contract (maximum 1 years of extension after evaluation)

  • No. of rooms available
    • Total 22 Rooms
    • Room for 3 person (8 Rooms), Room for 4 person (4 Rooms), Room for 6 person(7 Rooms), Room for 8 person (1 Rooms), Room for 9 person (2 Rooms)
  • Status of space provision Enterprise

    22 companies are occupied

  • No. of Employees in space provision Enterprise

    104 employees

  • Space Provision Enterprise Industry Distribution
    Space Provision Enterprise Industry Distribution
    Content
    solution
    Education Broadcast
    Film
    Video Performance Design Total
    18 2 2 3 1 2 14
    82% 14% 14% 22% 7% 14% 100%

Space Introduction

Gyeonggi Content Korea Lab : Idea holders and content creators

  • 6F (Prep entrepreneur)

    • Startup space : 14 rooms
    • Prep-startup space for the team construction
    • support project space for the creator team who work on the culture related content
  • 7F (Creator)

    • Startup space : 3 meeting rooms
    • Open space with 50 seats, a creation space for people who want to open their own business
    • Seminars for the creative activity, lecture room, creation studio and cooperative space are provided

판교경기문화창조허브 Potential entrepreneurs & startup companies

  • 8F (Startup)

    • Startup Space 22 rooms
    • Business area for entrepreneurs
    • Support business area for startup companies in the culture content related field
  • 9F (Prep-startup)

    • Startup space : 16 rooms including conference rooms and meeting rooms,
      Open space with 52 seats
    • Training and networking session for prep entrepreneurs
    • On membership basis, business establishment training, funding support and such programs are provided

Major Performance and Successful Cases

  • 482cases

    Business established

  • 1,447cases

    Job creation

  • 7,983cases

    Startup support

  • 111,665users

    No. of users

  • 161billion won

    Investment attraction

Major Performance after Opening (2014~2016)

  • Retained 111,665 users / Retained 14,935 members / 482 businesses are established / 1,447 jobs are created
  • 7,983 startup supports were being made
  • Gyeonggi Angel Investment Matching Fund arranged 1.53 billion won worth of matching investment to 13 companies
  • 16.23 billion won worth of investment was attracted for the occupied companies (’1.73 billion won in 2014’ / ‘13.6 billion won in 2015’ / ‘900 million won in 2016’)

Budget of 16.2 billion won was gathered for central department and private business budget in 3 years

  • In 2014, registered as an exemplar case (Level S) of ‘Regional Job Creation Supporting Business’ by Ministry of Labor
  • In 2015, won Excellence Prize in National Local Government Employment Contest
  • In 2014, acknowledged as the best job creation business by Merit Rating Committee and Chief Council (No. 1 Administrative Agency)
  • ※ 2,410 people from the US, China and other 8 foreign countries visited Gyeonggi Culture Creation Hub for the benchmarking purpose

Successful Cases

  • LUXI (former Air Rabbit)

    • Carpool service platform, participated in Youth Startup SMART 2030 in 2015
    • Launched the luxury wedding car service Air Rabbit and attracted investment of 450 million won, achieved 500% growth
    • In 2016, change the business to the carpool service platform ‘LUXI’ and expanded the service to main cities.
  • Melephant

    • SEESO, a mobile platform to connect Indie musicians and fans
    • launching, won the grand prize in Gyeonggi-do sponsored 2015 NEXT Startup Awards
    • Attracted investment of 40 million won from Seongnam Angel Club, SK Planet&D.CAMP and another investment of 240 million won from Gyeonggi Matching Fund, selected as K-Global 300 enterprises(MSIP, 2015.12) and signed the partnership agreement with China’s v.qq.com for the content distribution
  • BUXI

    • Airport car sharing service, retained 20,000 users within first 6 month after the service launch, operated the service for 7,000 times with total of 1,7000 passengers
    • Started the service from Seoul and Gyeonggi region, and expanded the business to Jeju and Busan areas, attracted investment of 400 million won from Soqri
  • Anolzzang Inc.

    • Premium child care O2O service
    • Won Excellence Award in Gyeonggi Content Korea Lab “2014 Super kkiero”
    • Gimbap Play Blank Set for children and such creative toy production and Anolzzang App development with Ministry of Education, selected as the sharing company of Seoul and one of K-Global 300, 20 million won worth of investment and space provision from NEOWIZ NEOPLY
  • Planetory

    • College textbook rental service 'Bilbook', launched the second hand textbook trading service 'Bookdeal'
    • Patent for the book rental mediation service device and operating system
    • Selected as First Penguin Company and attracted investment of 1 billion won from trust guarantee funds, Selected as Package-type Retrial Support Business and invested with 100 million won, Angel Investment of 360 million won through Gyeonggi Angel Investment Matching Fund
  • Macarong Factory

    • Data based mobile vehicle management service
    • Selected as DB stars 2015 by Korea Database Agent, won Special Prize in KISA sponsored IBSP
    • Won Global Startup Conference 2016 demo day
      Achieved 400 million won worth of investment from Bon Angels Venture Partners When you do not know what to do after buying a car.