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 assist—similar to mentoring, workspace, funding, and international networking—to modern startups and small-to-medium enterprises within the area. GBSA focuses on fostering specialised, high-growth industries and getting ready a few of its individuals for international levels, similar to CES 2026. (Photograph courtesy of Aving Information Community)
Certainly one of GBSA’s key sectors is mobility, which within the context of the automotive business 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 known as “Pangyo Zero Metropolis,” a objective‑constructed, actual‑world testing setting for autonomous driving applied sciences, full with a ten.8 km route and IoT infrastructure for testing mobility applied sciences (V2X, sensors and so on.) alongside common visitors. It capabilities as an open platform, real-world lab, the place self-driving autos (ADVs) and associated mobility companies could 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 varied autonomous mobility applied sciences, and reveal their security to the inhabitants to induce quicker acceptance.
To attempt issues even quicker, 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 just about put autonomous vehicles, drones and robots via 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 facet by facet on collaborative R&D initiatives after which take their prototypes straight into reside 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, giant firms, public establishments, universities, and analysis institutes work collectively in a step-by-step development mannequin. Corporations can transfer from seed-stage incubation to scale-up via 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 expertise. The second valley was designated in November 2015 to broaden this innovation cluster, with its first part accomplished in late 2019 to herald extra startups and mid-sized companies. 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 assets they should thrive in high-tech fields. It can carve out devoted clusters for system semiconductor and fabless design firms, providing every thing from lab area to hands-on innovation assist. On the similar time, future mobility companies—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 real looking settings.
And since at present’s most enjoyable concepts usually mix gaming, ICT (Info and Communication Expertise) 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 mentioned, different sectors are additionally welcome: bio-health ventures with specialised services and mentorship applications tailor-made to medical and life sciences analysis. Renewable power startups, particularly these targeted on solar energy, will discover growth-stage funding and improvement assist.
In 2024, rather a lot was achieved: Pangyo Techno Valleys 1 and a pair of are house to 1,803 firms, marking an (+11% development YoY). It now counts 79,000 workers, for which 60% are of their 20s and 30s amongst whom 32.6% are Researchers. Ladies symbolize 29.8% of the workforce, which is corresponding 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 plenty of 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 assist discovered within the Pangyo TV? That’s a query price asking, and assembly the GBSA workforce at CES needs to be a prime networking precedence for some startups.
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