No.20 SeoulGlobal startup ecosystem rank
10,035Total number of
startups/ventures in Seoul
42Total number of
startup support facilities in Seoul
To accelerate the growth of startups, the Seoul Metropolitan Grvernment (SMG) formed the $1billion "Seoul Future Growth Fund" in 2018 and it passed $2billion as of Feb. 2021. The fund is mainly being invested in the industries of biotech, culture & contents, smart city and industry 4.0 as well as startups and comback startups.