Mr Kang Kyong Seog, Manager of the Smart Content Center in Seoul/Korea
I have visited the Smart Content Center in the G.Square building In Seoul: it is a South Korean government-supported incubator that helps startup by providing a low-cost working space (rent is free for successful applicants) that comes equipped with a well-furnished mobile testing lab, a video-editing studio, along with logistical and marketing support. Startups are still responsible for securing enough funding to pay its employees and other expenses of course.
At the moment, the Smart Content Center is operating at near capacity with 45 startups out of a maximum of 50. Each startup gets its own space (“rooms” as they say here), which seemed enough to host between 3-4 to 7-8 people (or more), depending on the size and cubicle layout. Most of the companies that I’ve met are software or web companies, which is not surprising since these categories represent the bulk of startups worldwide. I also talked to Kang Kyong Seog, the manager of the Smart Content Center (he’s in the above photo), about how this entity works, since I wanted to know how different things were when compared to the privately held incubators that we have here in Silicon Valley. (more…)
Smart Content Center: A Government-Supported Incubator In Korea original content from Ubergizmo. 
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