The Gyeonggi Business & Science Accelerator, or GBSA, is a non-profit group funded by South Korea’s Gyeonggi Province (map link) that provides tailor-made help—similar to mentoring, workspace, funding, and international networking—to revolutionary startups and small-to-medium enterprises within the area. GBSA focuses on fostering specialised, high-growth industries and making ready a few of its contributors for international phases, similar to CES 2026. (Photograph courtesy of Aving Information Community)
One among GBSA’s key sectors is mobility, which within the context of the automotive trade refers to applied sciences and companies that allow the motion of individuals and items—suppose electrical autos, autonomous driving, shared-ride companies, and the infrastructure that helps them.
In Pangyo, GBSA has helped launch a real-road autonomous driving testbed often called “Pangyo Zero Metropolis,” a goal‑constructed, actual‑world testing atmosphere for autonomous driving applied sciences, full with a ten.8 km route and IoT infrastructure for testing mobility applied sciences (V2X, sensors and so forth.) alongside common visitors. It features as an open platform, real-world lab, the place self-driving autos (ADVs) and associated mobility companies may be developed, examined, and validated earlier than full-scale market launch.
It’s hoped that such an open (to many enterprises) proving floor will assist speed up the event of assorted autonomous mobility applied sciences, and show their security to the inhabitants to induce sooner acceptance.
To attempt issues even sooner, there’s the SHARK digital twin simulation platform (SHARK stands for Seongnam Excessive-tech Autonomous Street FrameworK). With it, startups, universities and analysis institutes can nearly put autonomous vehicles, drones and robots by means of their paces in a digital twin of the true world. In Pangyo Techno Valley, these similar innovators—specializing in self-driving techniques, aerial drones and robotics—work aspect by aspect on collaborative R&D initiatives after which take their prototypes straight into dwell testing on close by roads and services.
GBSA additionally locations a robust emphasis on the startup ecosystem rising across the third Pangyo Techno Valley. Right here, startups, massive firms, public establishments, universities, and analysis institutes work collectively in a step-by-step progress mannequin. Corporations can transfer from seed-stage incubation to scale-up by means of personalized areas, structured mentoring applications, and occasions like “Pan-Pan Day,” (see video under) and entry to public-private accelerators. This natural convergence creates a virtuous circle: as startups succeed, they appeal to extra expertise, funding, and collaboration, which in flip fuels additional innovation.
For these new to the Pangyo Techno Valley (aka Pangyo TV) story, it started in 2011 when the primary part opened as an R&D hub for IT, biotech, and cultural know-how. The second valley was designated in November 2015 to develop this innovation cluster, with its first part accomplished in late 2019 to herald extra startups and mid-sized corporations. The third valley was slated for completion by 2022. As we speak, the general Pangyo Techno Valley, is a key driver of Korea’s tech ecosystem.
Pangyo Techno Valley 3 is devoted to offering cutting-edge startups with the sources they should thrive in high-tech fields. It’ll carve out devoted clusters for system semiconductor and fabless design corporations, providing all the things from lab house to hands-on innovation help. On the similar time, future mobility corporations—engaged on autonomous driving, drones, AI and robotics—will achieve entry to real-world testbeds and verification infrastructure to allow them to refine their applied sciences in life like settings.
And since at the moment’s most fun concepts usually mix gaming, ICT (Data and Communication Know-how) and different superior IT applied sciences, there will likely be loads of alternatives for builders in these areas to faucet into networking occasions, technical workshops and shared workspaces designed to spark collaboration.
That stated, different sectors are additionally welcome: bio-health ventures with specialised services and mentorship applications tailor-made to medical and life sciences analysis. Renewable vitality startups, particularly these centered on solar energy, will discover growth-stage funding and improvement help.
In 2024, lots was achieved: Pangyo Techno Valleys 1 and a pair of are residence to 1,803 corporations, marking an (+11% progress YoY). It now counts 79,000 staff, for which 60% are of their 20s and 30s amongst whom 32.6% are Researchers. Ladies signify 29.8% of the workforce, which is akin to Silicon Valley in California.
GBSA has a worldwide outlook, which is why they’re assembly with worldwide observers like Ubergizmo, and why there’s an emphasis on the upcoming CES 2026. In actual fact, there are even quite a few Pangyo TV startups who’ve foreigner CEOs, and that’s one thing entrepreneurs worldwide ought to consider for the present or subsequent enterprise. Would they be higher off with the experience and help discovered within the Pangyo TV? That’s a query price asking, and assembly the GBSA crew at CES ought to be a prime networking precedence for some startups.
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