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Entrepreneurship in Daegu
Entrepreneurship in Daegu
Entrepreneurship in Daegu
Evolving from Korea's textile manufacturing center to innovation hub, Daegu demonstrates how traditional industrial cities can transform through technology adoption and education excellence. This southeastern Korean city specializes in medical technology, advanced materials, and increasingly robots and smart factory solutions, supported by medical complexes like Daegu-Gyeongbuk Medical Innovation Foundation and EXCO medical device complex. Founders establishing companies in Daegu access specialized expertise in textile-advanced materials, operating costs approximately 50% below Seoul levels, and government support through initiatives like the Daegu International Future Auto Expo. The ecosystem revolves around organizations including Daegu Center for Creative Economy & Innovation and specialized research institutes in robotics and materials science. Daegu's combination of manufacturing heritage, materials expertise, and committed revitalization through technology innovation creates opportunities for entrepreneurs developing medical devices, advanced fabrics, or technologies bridging physical manufacturing with digital capabilities – all with advantages of Korean technical excellence at regional cost structures and strong local government support for industrial transformation initiatives.
Evolving from Korea's textile manufacturing center to innovation hub, Daegu demonstrates how traditional industrial cities can transform through technology adoption and education excellence. This southeastern Korean city specializes in medical technology, advanced materials, and increasingly robots and smart factory solutions, supported by medical complexes like Daegu-Gyeongbuk Medical Innovation Foundation and EXCO medical device complex. Founders establishing companies in Daegu access specialized expertise in textile-advanced materials, operating costs approximately 50% below Seoul levels, and government support through initiatives like the Daegu International Future Auto Expo. The ecosystem revolves around organizations including Daegu Center for Creative Economy & Innovation and specialized research institutes in robotics and materials science. Daegu's combination of manufacturing heritage, materials expertise, and committed revitalization through technology innovation creates opportunities for entrepreneurs developing medical devices, advanced fabrics, or technologies bridging physical manufacturing with digital capabilities – all with advantages of Korean technical excellence at regional cost structures and strong local government support for industrial transformation initiatives.
Daegu founders in numbers
The startup community in Daegu shows a healthy mix of people still exploring ideas (57%) and those already building something (43%). This balance between early-stage thinking and committed founders shapes the local scene. Looking at the numbers, the median age of founders in Daegu is 28.5, with an average age of 33.2. Most are in the 25-32 age range, which makes up 38.8% of the community. When it comes to background, 56% of founders in Daegu have technical skills in areas like engineering or software development, while 44% come from business roles such as operations, product, or marketing. This mix creates plenty of opportunity for strong co-founder matches. Popular areas of interest include Food, Software, Artificial Intelligence, and Mobility. Many founders in Daegu also speak more than one language, adding fresh perspectives to the city’s startup ecosystem Impacts are {13},{14},{15},{16}.
Commitment Type
More than (57%) of Foundersbase founders in Daegu, are exploring startup ideas, while (43%) are committed to an idea.
Age
The median age of Foundersbase founders in Daegu is 28.5, while the average is age 33.2 with a maximum in the group of founders aging 25-32.
Type of Founder
About (56%) of Foundersbase founders in Daegu are technical (Engineering, AI/ML), while (44%) are non-technical (Product, Marketing, Operations).
Top industry interests
Discover the industries that Foundersbase founders in Daegu are most passionate about.
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