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The 'support for 500 startups' plan unveiled at MWC 26 begins in earnest
Applications for participation will be accepted on the SKTCH website until April 30. Fifteen companies will be selected, focusing on areas that combine public interest and market potential, such as digital inclusion and care, climate disaster response, and digital crime prevention. Selected companies will be provided with growth support programs, including business commercialization mentoring, identification of collaboration models with SK Telecom, investment attraction consulting, opportunities to participate in domestic and international exhibitions, and office space.
This program is an extension of 'SKTCH,' a startup collaboration platform operated by SK Telecom. Combining 'SKT' with 'Tech,' this platform has served as a collaboration channel designed to bridge the gap between large corporations and startups. This time, a key feature is that companies with the capacity to solve social problems will be selected through a separate track.
Behind this lies SK Telecom's mid-to-long-term startup support plan. At 4YFN, a side event of MWC 26 held in Barcelona, Spain last March, the company unveiled a goal to support 500 startups by 2030. Looking at this year's support plan alone, the company is pursuing support for a total of 80 startups, including 15 under 'SKTCH for Good' and 15 under 'SKTCH with AI,' which is scheduled to launch in July.
SK Telecom has supported 78 ESG startups since 2021. This call for proposals is seen as a starting point for bifurcating the support system; as an extension of this effort, it maintains existing support for social problem-solving while separately selecting companies offering full-stack AI innovation technologies and customer-facing AI solutions in the second half of the year. This effectively clarifies the strategy of establishing ESG and AI as independent pillars while aligning the technology and business infrastructure of large corporations with the solutions of startups.
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