General (Potential) entrepreneurs

Open Venture Lab (OVL)

  • Overview

    A program, launched as part of social contribution efforts, that utilizes KAIST’s outstanding research capacity to promote technology startups among the general public

  • Requirements

    echnology-based potential startup teams with innovative ideas from among the general public


    * Excludes
    1. KAIST faculty/staff and students (enrolled or on leave)
    2. Persons with a registered business on the date of notice of the program
  • Details of support

    • Prototyping and commercialization support (max. KRW 30 million),

    • expert mentoring, KAIST technology mentoring, etc.

  • Period

    Once a year / March–December

  • Program stages

    • Supported over three stages: Pre-OVL, Main-OVL, Post-OVL

    Righted Table
    March-December

    (Pre-OVL) Idea development, personalized mentoring, professional networking, item validation

    Transition assessment

    (Main-OVL) BM development, mock IR, technology lab matching, commercialization funding
    Follow-up support

    (Post-OVL) Mentoring, incubation support, commercialization support, networking
  • Contact Us

    : KAIST Center for Regional Innovation 042-350-6453