Yonhap News4/24/2026BusinessSouth Korea
South Korea to Designate 10 Startup Hub Cities by 2026 to Promote Regional Growth
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- South Korea's finance ministry announced plans to designate 10 cities as startup ecosystem hubs by next year, starting with Daejeon, Daegu, Gwangju and Ulsan in 2025, followed by six more cities in 2026.
- The initiative aims to address regional population outflows and foster five cities in the global top 100 by 2030, with each hub developing specialized industries such as robotics, AI and future mobility.
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South Korea's finance ministry announced plans to designate 10 cities as startup ecosystem hubs by next year, starting with Daejeon, Daegu, Gwangju and Ulsan in 2025, followed by six more cities in 2026. The initiative aims to address regional population outflows and foster five cities in the global top 100 by 2030, with each hub developing specialized industries such as robotics, AI and future mobility.
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This article was originally published by Yonhap News.
