Creative group You've Got Pictures (CEO Jeong-Hyun Geum), a leading digital advertisement production company in Korea, has appointed Ryan Kulp, founder of Fomo.com in the USA, as its first Chief Technology Officer.

Global innovation advisory firm levels up Seoul's entrepreneurs, startup policies, and support organizations.

Korea will host the K-Startup Grand Challenge, an all-expenses-paid acceleration program for 40 high-potential startups from around the world this autumn. For startups selected for the acceleration program, the government will cover living expenses and flights to Korea, and provide office and lab space in a new $160 million startup campus near Seoul. Applications are open now and run through June 14.

On October 21, 38 of Korea's most promising startups will pitch their innovative businesses in front of representatives from eight top global accelerators, and a live audience of hundreds at the second annual K-Global Startup Engine Demo Day, held at the Renaissance Hotel in Seoul.

​Korea's National IT Industry Promotion Agency (NIPA) has selected 40 high performing startups to participate in a pre-acceleration programme that will prepare startups for global success and ultimately aims to place many of the finalists into global accelerators including Techstars, 500 Startups, Seedcamp, HAX, Chinaccelerator, Startup Bootcamp, Alchemist and Open Network Lab.