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Why ActnerLab?
We are passionate about helping Korean startups become successful global companies. Our accelerator program provides early startups with opportunities to collaborate with industry leading corporates from both Korea and Silicon Valley. The tool shops, development tops and consultancy provided by ActnerLab are geared specifically towards providing hardware startups with fast prototyping environments. We want to help you make your ideas reality the smart way!
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How do I join the program?
You can apply for our program through our website (www.actnerlab.com) at any time.
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Any required format for business plan?
There is no format or requirements for your business plan. You just need to deliver a clear plan about your project in terms of why, what, who, when and where
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Could foreign entrepreneurs apply for the program?
Of course, we prefer teams with diverse backgrounds as a global accelerator
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When is the application deadline?
We receive the application on rolling basis. We review all the applications as soon as possible and then notify the startups who have qualified so we may schedule a following face-to-face interview
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What is the selection process?
We will have the face-to-face interview with candidate startups in our facility. The candidates will be asked to give a short pitch about their business plans followed by a 30 minute Q&A session. Based on the results of interview, we and our mentors select the startups admitted into our program finally
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What kind of startups would ActnerLab seek?
Please, refer to http://test.actnerlab.com/program/program. We are seeking for technology startups in the sectors of hardware such as wearable, IoT, connected car and healthcare
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How does the program work?
After three months with the program, we select the startups we will invest in and send them to our Silicon Valley program.
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How much is the seed funding ActnerLab offers?
$20,000 ~ $100,000 in return for 5% to 10% equity. In addition to our seed funding, we provide the additional funding opportunities from our Silicon Valley partners after the 6 month program which normally ranges from $500,000 to $5,000,000
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When will startups get the funding from ActnerLab?
Before going to our Silicon Valley program you are eligible for receiving funding