KSC Singapore

KSC Singapore Singapore
Hub- LocationSingapore (Opened in Jul. 2020)
Location
Location of Marina One West Tower, Singapore Financial District
- Accessibility An approx. 20-minute ride from Changi Airport
- Address 9 Straits View, Marina One West Tower #05-07 Singapore 018937
Location Conditions and Environments
Location Conditions
Location
Situated at a strategic site which connects the Pacific and the Indian Ocean; developed into an intermediary port; logistics industry flourished
- Port of SingaporeThe world’s largest container transshipment hub (Secured the top spot in the Leading Maritime Capitals of the World 2019)
- Singapore Changi AirportA world-class aviation hub connecting Singapore to some 380 cities in around 90 countries and territories worldwide (top spot in the World Airport Awards 2018 (Skytrax))
System
Open economy; flexible employment market with low tax rates; business-friendly environments, using English as a working language
- Pursued to open the market fully; actively participated in FTA, total trade volume currently accounting for 1.9 times of GDP (intermediary trade: approx. 40%)
- Corporate income tax (up to 17%) and relatively low income tax rates
Culture
Open-minded toward foreign culture, low entry barrier
A multicultural country (Chinese, Malay, Indian, etc.), 4 official and equal languages
Business Environments
- Active in attracting the Asian headquarters of global companies through business-friendly and deregulatory policies with a goal of growing into an Asian business hub
- No.1 in global FinTech hub index; ranked as the world’s 14th most developed ecosystem for startups; 5th place in global financial hub ranking, ensuring good global business environments
Organization
Job Title | Name | Duties | TEL | |
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Head of Center | Park Dae-il | Supervises and manages KSC Singapore-related affairs, builds an overseas partnership, etc. | +65 6243-2009 | parkdi1026@kosmes.or.kr |
Manager | Seo Min-seon | AC program; supports export/import for tenant firms; office operation, etc. | +65 6243-2009 | minseon.seo@kscsingapore.org |
Manager | Yoon Jae-woon | Supports startups; connects VC investments, promotes tenant firms, etc. | +65 6243-2009 | jae.yoon@kscsingapore.org |
Facilities
10 Private Rooms (2: 2 seats, 8: 4 seats), 17 shared office seats (9 reserved, 8 non-reserved seats)
Lease Scale
5th floor of MARINA ONE West Tower; 219.25㎡; *stationed in JustCo (Singaporean shared office)
Facilities
3 conference rooms, lounge, cafeteria, etc.; co-used with JustCo members; *available within business hours on weekdays in nearly 50 different JustCo centers across 7 countries
Startup Ecosystem
Maintains consistency in aggressive and powerful startup promotion policies and builds a startup-friendly ecosystem by minimizing business regulations
- Builds a government-led large startup cluster including a test bed, ONE NORTH and JTC LaunchPad
- A long-term support policy with SGD 300 million budget for 2020 startup incubation and SGD 800 million to be raised for upcoming decade
- Focused in IT, finance, environment and energy related fields as well as fintech and AI
Promising Business Type
Industry | Business Type | Penetration Strategy | Partner |
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IT/Finance |
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Environment/Energy |
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TravelㆍTourism |
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Cooperation Network
Network | Category | Dex-x-x-x-x-scription | Partnership |
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NUS Enterprise | College | National University of Singapore (NUS) Startup Center | Connection with follow-up support for global accelerating program participants, etc. |
Enterprise SG | Government agency | Enterprise Singapore | Builds a local network, etc. |
Vickers Ventures | VC | Singapore Venture Capital | Slated to host an online IR (September) such as investment connection and cohosting of IR pitch |
Korea Investment Partners | VC (Korean) | Korea Investment Partners Singapore | Investment connection, IR pitch, adviser, etc. |
KK Fund | VC | Singapore Venture Capital | Slated to host an online IR (4th quarter) such as investment connection and cohosting of IR pitch |
Cento | VC | Singapore Venture Capital | Investment connection, cohosting of IR pitch, etc. |
Quest Ventures | VC | Singapore Venture Capital | Investment connection, cohosting of IR pitch, etc. |
ACE | AC | Government-led AC agency | Startup seminar, mentoring, etc. |
EcoLabs | Educational institute | NUS & NTU-funded energy-based R&D institute | Startup seminar, mentoring, etc. |
STB | Public institution | Singapore Tourism Board | Participates in tourism/travel-specialized AC programs |
Tribe Accelerator | AC | Blockchain AC agency | Participates in blockchain-specialized AC programs |
ICE71 | AC | Cyber security AC agency | Participates in cyber security-specialized AC programs |
UOB | Financial institution(Singapore) | Local financial institution | Supports financial affairs for tenant firms(K-Startup Center Desk) |
Korea Development Bank | Financial institution (Korean) | Korea Development Bank Singapore(Venture Desk) | Next Round Singapore – In negotiation(Tenant firm introduction, KSC PR, etc.) |
Shinhan Bank | Financial institution (Korean) | Shinhan Bank Singapore | Shinhan Future’s Lab – In negotiation(Tenant firm introduction, KSC PR, etc.) |
LX International | Private firm (Koran) | LX International Singapore | Introduces local partners to tenant firms |
KOTRA | Public institution (Korean) | KOTRA Singapore | Co-participates in FinTech Festival Korea Hall |
Korea Venture Investment Corp. | Public institution (Korean) | Korea Venture Investment Singapore | Venture capital introduction, etc. |
Tenant Company
No. | Company | President | Product | Occupancy Date |
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1 | COTDE CO., LTD. | Jang Dong-il | Cosmetics manufacturing | Mar. 1, 2018 |
2 | Rincos | Kim Yong-hyeon | Air transport support services | Feb. 11, 2019 |
3 | Sentbe | Choi Sung-wook | Online foreign currency transfer services | Jul. 1, 2020 |
4 | Vinssen | Chil Han Lee | Hydrogen fuel cell boat manufacturing | Apr. 18, 2022 |
5 | RetiMark | Jongwon Kim | Biohealth | Jun. 1, 2022 |
6 | CESeLPrimus | Kevin Lee | AgriTech, Strawberry Indoor Farm solutions | Jun. 13, 2022 |
7 | Cakeplabs | Peter Oh | Local commerce and services | Oct. 1, 2022 |
8 | GXC | Jung Suk Woo | Global Gaming Platform | Aug. 1, 2022 |
9 | Coconut Silo | Seungyong Kim | AI digital logistics solution provider | Aug. 1, 2022 |
10 | KIST | Hachul Jeun | Screw manufacturing | Dec. 1, 2022 |