Startup Accelerator (Changeop Gihoekja) Registration | Hwang Yunsang Administrative Office

Procedure

01
Check the applicant type and capital: Apply the KRW 100 million capital standard for a commercial company or the KRW 50 million contribution standard for a non-profit corporation or cooperative, and confirm that a non-profit corporation or cooperative can keep separate accounts for this business.
02
Review officer disqualifications and professional staff: Check whether any officer is an undischarged bankrupt or within 5 years of a sentence for violating financial laws, and match the 2 full-time professional staff against the qualifications in Article 13 of the Enforcement Decree (such as 3 or more years of investment review or startup incubation experience) using career and degree certificates.
03
Prepare incubation space, business plan and conflict-of-interest rules: Organize evidence of how the incubation office is secured (ownership, lease or use agreement), and draft a business plan covering selection, incubation and investment in early-stage startups along with rules preventing conflicts of interest among investors.
04
Submit the registration application: File the accelerator registration application with KISED, attaching a copy of the articles of incorporation, the business plan, officer résumés, the shareholder or investor register, proof of paid-in capital, and documents on professional staff and facilities, and add materials if a supplement is requested during review.
05
Post-registration amendments and investment duty: Once the requirements are met, a registration certificate is issued; afterwards, changes to the corporate name, location, representative and officers, paid-in capital or full-time staff must be filed as an amended registration within 14 days of the change. The duty to invest at least 40 percent of total investment in early-stage startups must also be managed.

Filing route

Korea Institute of Startup and Entrepreneurship Development (KISED), entrusted with receiving and reviewing registrations on behalf of the Minister of SMEs and Startups

Confirm the current filing office, jurisdiction, and online availability on the official website.

Official check

Actual processing agencyCompetent Korean authority or official service

Statutory and policy authorityMinistry of SMEs and Startups

Online routeOfficial check

Deadlines & processing notes

Check deadlines and next steps against the notice, filing date, and any request for additional documents.Official check

Basic documents

Basic documents0 / 8

Startup accelerator registration application (Enforcement Rule of the Venture Investment Promotion Act, Annex Form No. 5)Copy of the articles of incorporationBusiness plan (selection, incubation and investment plan for early-stage startups and conflict-of-interest prevention system)Officer résumés and shareholder or investor register (companies and cooperatives only)Non-profit corporation establishment permit or other proof of non-profit status (non-profit corporations only)Proof of paid-in capital (account balance certificate for companies; proof of contributed or invested assets for non-profit corporations and cooperatives)List of full-time professional staff and proof of qualifications (career and degree certificates, proof of four major social insurance enrollment)Documents on facilities (proof of ownership, copy of lease or incubation space use agreement)

Full-time status of professional staff is checked through four major social insurance enrollment records, so listing someone employed full-time elsewhere or a part-time adviser as professional staff means the staffing requirement is treated as unmet and registration is delayed.

Scope of services

Hwang Yunsang Administrative Agent Office prepares and translates documents for administrative agencies, submits them on your behalf, and guides you through permit, application, and notification procedures. Services that require the principal’s personal appearance, principal’s application, or electronic signature may be limited in delegation.