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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
    Gyeonggi START

    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

창업생태계 지원사업 구조의 대한표로 이에 대한 정보를 제공
Phase Idea Idea
Development		 Contents
planning		 Team
building		 business
advancement		 contents production/
Beta service		 commer-
cialization		 growing
stage		 maturing
stage
Space
Test-bed
Technical Support
Incubating
Program
Manpower
Training
Funding
Support
Support

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.