BBRIDGE: Spreading Entrepreneurship in South Korea

BBridge:  Helping Early-Stage Korean Startups

BBridge is a non-profit organization based in Ulsan, South Korea.  They offer remote consulting for early-stage Korean startups by connecting them with professionals from all around the world.  Therefore they are all about spreading entrepreneurship in South Korea.  Most Koreans have issues regarding communication and network.  Most Korean startups do not have a global team.  This means that it will be hard for them to connect with people outside of Korea.

Korean startups face a lot of problems when they enter the market at such an early stage.  Furthermore, in order to succeed they will need to have the right partners and the right network.  BBridge can help connect Korean startups with the right partner and network.  They can also consult with service development, business plan development, market research, and market testing.

The main services that BBrdige offers are listed below:

  • Expert consultation
  • Business plan development
  • Financial planning
  • Product development
  • Business training
  • Market research/testing

BBridge aims to become an ecosystem where early-stage Korean startups can build their entrepreneur skills and turn their creative ideas into reality.  Therefore, getting the right support team is very important when starting out as a startup.  It is wise to have as much help as possible.

Ulsan’s Startup Ecosystem

Ulsan has been looking to help the big and small businesses by creating new opportunities for employment.  They are focused on fostering innovative business ideas and entrepreneurial activities.  This is why BBridge has a great chance to get support from the Ulsan government.  They will be able to offer innovative resources to Korean startups in Ulsan through innovation, education, research, and practice.

Korean Entrepreneurship in Ulsan

In the past entrepreneurship was frowned upon as the culture pushed the narrative that working for a big corporation like Samsung was the dream.  However, times are changing.  People are seeing entrepreneurship in a positive light.  Therefore, running a startup is not easy.  Especially if you are located in remote regions without the ability to network and form partnerships. Ulsan is located in the southern part of South Korea.  The area already has all the elements to be one of the leading startup ecosystems in South Korea.  With the help of BBridge it is very possible that Ulsan preferred destination for startups in Korea.  Currently, BBridge is seeking funding and partnerships with associated organizations and companies who have the same goal of helping Korean entrepreneurs.

John Yoon

John Yoon is the Editor in Chief at Startup Radar, Organizer for Startup Festival 2017, Head of Operations Korea at EOS Asia and the Global Marketing Director for Foresting.io. Email = john@startupradar.asia if you are interested in guest contributing and helping the Korean startup ecosystem. Wechat, Kakao, and Line user ID is jswy315

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