The Startup Ecosystem of Busan

Busan has 7 startups in our sample database which represents about 1% of South Korea’s sampled startups. Busan is the 3rd best startup ecosystem in South Korea.

CITY RANKING

Since 2023, Busan lost 237 spots in the Global Startup Ecosystem Index, having now positioned itself as 444th worldwide.

National Ranking

3rd
-
1
In South Korea

Regional Ranking

35th
-
15
In East Asia

Global Ranking

444th
-
237
Worldwide
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ECOSYSTEM

Browse the startup ecosystem database of Busan

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Ecosystem

The Startup Ecosystem in Busan

Startups in Busan excel in Software and Data, Health, and Hardware & and IoT. There are some notable success stories contributing to the city’s growing Software and Data industry. One of the most promising startups in Busan in 2023 is Socar, ZeroWeb, and Sentbe, Inc..

Global Rank

Busan is ranked within the top 500 startup ecosystems globally.

Top Industries

Busan’s startups excel particularly in Software and Data and in Health, and Hardware & IoT. Find out more

Top Cities for Startups in South Korea - Ranked by StartupBlink
StartupBlink ranks the startup ecosystems of 100 countries and 1,000 cities. Download our latest Global Startup Ecosystem Report.
Rows:
2023 National Rank & Change ▲
Access subscores for 1000 cities and 100 countries
2023 National Rank & Change City
search leaderboards icon
Global Rank & ChangeTotal ScoreQuantity ScoreQuality ScoreBusiness Score
1st
0
24th
+
1
31.081
00.00
00.00
00.00
2nd
+
2
406th
+
388
0.786
00.00
00.00
00.00
3rd
-
1
444th
-
237
0.674
00.00
00.00
00.00
4th
-
1
498th
-
77
0.501
00.00
00.00
00.00
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Startups

Notable Startups in Busan
Socar startup icon
Socar
ZeroWeb startup icon
ZeroWeb
Sentbe, Inc. startup icon
Sentbe, Inc.

Startups

Successful Software and Data startups in Busan
ZeroWeb startup icon
ZeroWeb

Startups

Startups Ranking by Industry

Software and Data icon
Software and Data
2 startups

On our map, you can explore a total of 2 startups for Software and Data.

Health icon
Health
1 startups

Busan has 1 startup in Health on our map.

Hardware & IoT icon
Hardware & IoT
1 startups

Our database contains 1 startup for this industry.

ECOSYSTEM

Why should you join Busan's Startup Ecosystem?

Overview

3rd

National Rank

35th

Regional Rank

Overview

ECOSYSTEM
Startup Infrastructure in Busan
With a large variety of initiatives, Busan's startup ecosystem stands out from other cities in East Asia. Busan offers a number of funding opportunities for entrepreneurs and startups. Below is a list of Busan's most prominent support initiatives:

Coworking Spaces

BIFC startup icon

BIFC

Seomyeon startup icon

Seomyeon

Featured Ecosystem Portals

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