Accelerator

SparkLabs Korea

Seoul, South Korea

A Seoul-based accelerator and seed fund running structured cohort programs for Korean and regional startups.

The offer:
$100k per company
Location:
Seoul, South Korea
Duration:
22 weeks

What you need to qualify

  • Seed or early-stage companies with the potential to expand globally.
  • Sector agnostic. SparkLabs takes companies across industries.
  • One person companies are not accepted.
  • No restriction on company location or founder nationality. Applications are accepted from anywhere.
  • Batches take between 8 and 12 companies, so places are limited.

Eligibility

Eligible stages
All stages
Countries
Global, subject to the provider’s eligibility and approval

How to apply

  1. 1

    Check which cycle is open

    SparkLabs Korea runs two cycles a year. Application forms for the first cycle go online in mid-September and for the second cycle in mid-March.

  2. 2

    Open the Accelerator App platform

    Applications are taken on the online platform Accelerator App. Use the APPLY NOW button on sparklabs.co.kr/sp/apply.php, which also offers a Korean language route.

  3. 3

    Register as a member

    Create an account on Accelerator App before you can start the form.

  4. 4

    Answer the form and submit documents

    Complete the application questions and upload the documents the form requests, then submit.

  5. 5

    Selection

    The selection process runs for roughly three months after the form opens: to December for the first cycle and to June for the second. Accepted companies then run the 22 week program, ending in a demo day in late April or late October.

Frequently asked

Up to $100,000 in every startup in the batch, for up to 6 percent equity. The percentage is negotiable depending on the size of the startup and its investment status.

The accelerator runs for 22 weeks and ends in a demo day, in late April for the first cycle and late October for the second.

Seed or early-stage companies with a high potential for successful global expansion. SparkLabs is sector agnostic and there is no restriction on where the company or its founders are from, but one person companies are not accepted.

Through the online platform Accelerator App, reached from the APPLY NOW button on the SparkLabs Korea apply page. Register as a member, then answer the application questions and submit the requested documents.

Twice a year. The form for the first cycle goes online in mid-September and the form for the second cycle in mid-March. SparkLabs does not publish a dated deadline, so check the apply page for the current window.

Each startup is matched with 4 to 6 mentors for the duration of the program.
General tech

Related programs

We have not been able to confirm a deadline for this one. Check the official page before you start.

Do I qualify?

3 things decide this one. Check yourself against them before you spend time on the form.

Stage
Pre-seed, Seed
Where it runs
South Korea. In person, so you need to be able to take part there
What you give up
6% equity for $100,000
Deadline
Not confirmed. Check the official page

That is the rulebook. What we cannot show you here is whether your startup clears it, how this ranks against the other programs you qualify for, and what to fix if you do not.

Check what I qualify for

Five questions, about a minute, no account needed.

Last verified against the official page. Report an error

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