Irvine, CA (PRWEB) September 08, 2016
KOODING has announced that the company has joined SparkLabs, the top startup global accelerator in Korea for a 3-month accelerator program. The company will join 8 other startups with the goal of achieving rapid growth in global markets.
As a member of Global Accelerator Network (GAN), SparkLabs is part of the world's leading accelerator network with over 70 members. GAN spans 6 continents and more than 100 cities as the number one standard for entrepreneurial excellence.
As a Korean accelerator founded by entrepreneurs for entrepreneurs, SparkLabs has a focus on Korean startup companies from the internet, mobile, e-commerce, online gaming, digital media, healthcare, and fintech industries. SparkLabs offers a 3-month accelerator program that is specifically designed for early startup entrepreneurs who share the vision of taking their companies global beyond South Korea from the outset.
Each year, SparkLabs selects the companies that will participate in its accelerator programs via online application and face-to-face interviews. Once a company has been selected for participation in its accelerator programs, SparkLabs makes an initial investment of $25,000 in exchange for up to 6% equity in the startup.
The startup is then matched with 4 to 6 mentors. KOODING’s mentors for the 3-month accelerator program come from successful backgrounds in the e-commerce industry. Additionally, KOODING will also receive free office space in MARU180, the center of Korea’s startup scene, and a host of other perks. KOODING will also benefit from the accelerator program through exposure to the media and influential figures in the e-commerce industry.
SparkLabs is behind some of Korea’s most successful startups, including Memebox, which recently raised $66 Million in series C and $100 Million in total. For this program, KOODING will join the batch 8 along with 8 other startups. There will be 9 startups in total that will participate in this round. The 3-month accelerator program leads up to Demoday, which will be held in China in November and Korea in December.
To learn more about KOODING’s participation in the SparkLabs accelerator, the company has requested that journalists submit inquiries via the company’s online form on the KOODING website at https://www.kooding.com/help.php?section=contactus.
About Kooding.com: KOODING is an online Korean fashion website based in Irvine, CA. Kooding.com offers a full range of authentic Korean streetwear apparel with shipping directly from South Korea. The company specializes in the latest in trends and carries products from popular brands including DABAGIRL, evenie, F OWN, GLAM12, HOLICHOLIC, La tootoo, Momnmom's, ODE, SugarFun, WITH IPUN, and ZOOZOOM. To learn more about these brands and others available, visit kooding.com.