Yes, it is possible. This program targets companies that have been established for less than 10 years.

Applications will be evaluated comprehensively based on the following criteria:

• Technology: Necessity, innovation, and specificity of the technology
• Marketability: Business strategy and growth potential
• Team Competency: Capabilities of the founder and core team
• Relevance to POSCO Group: Alignment with POSCO’s business areas and strategic interests

Yes, foreign corporations can apply.

The investment is up to 500 million KRW.

Valuation depends on current business stage of the company and is determined through negotiation.

Investment can be proceed after all IMP practices, and may vary depending on the situation of the company.

We provide seminars from the experts (industries, business, investment, etc), mentoring from Korean/Foreign Venture capitals, networking, IR coaching, and demoday event.

The program is being planned in Seoul or Pohang, South Korea. Online operations are undecided.

It will be operated if necessary. Details will be announced after selection.

In principle, the representatives of the startup team is required to participate, and team members can also participate.

It is possible for companies that have established or plan to establish HQ in Korea.