The Gyeonggi Business & Science Accelerator, or GBSA, is a non-profit group funded by South Korea’s Gyeonggi Province (map link) that gives tailor-made assist—reminiscent of mentoring, workspace, funding, and international networking—to progressive startups and small-to-medium enterprises within the area. GBSA focuses on fostering specialised, high-growth industries and making ready a few of its contributors for international levels, reminiscent of CES 2026. (Picture 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 providers that allow the motion of individuals and items—assume electrical automobiles, autonomous driving, shared-ride providers, and the infrastructure that helps them.
In Pangyo, GBSA has helped launch a real-road autonomous driving testbed generally known as “Pangyo Zero Metropolis,” a goal‑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 many others.) alongside common site visitors. It features as an open platform, real-world lab, the place self-driving automobiles (ADVs) and associated mobility providers will 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 assorted autonomous mobility applied sciences, and exhibit their security to the inhabitants to induce sooner acceptance.
To strive issues even sooner, 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 nearly put autonomous vehicles, drones and robots by way of 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 amenities.
GBSA additionally locations a robust emphasis on the startup ecosystem rising across the third Pangyo Techno Valley. Right here, startups, giant companies, public establishments, universities, and analysis institutes work collectively in a step-by-step progress mannequin. Firms can transfer from seed-stage incubation to scale-up by way of personalized areas, structured mentoring packages, 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 section opened as an R&D hub for IT, biotech, and cultural know-how. The second valley was designated in November 2015 to develop this innovation cluster, with its first section 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’ll carve out devoted clusters for system semiconductor and fabless design corporations, providing every thing from lab house 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 practical settings.
And since immediately’s most fun concepts usually mix gaming, ICT (Info and Communication Expertise) and different superior IT applied sciences, there shall be loads of alternatives for builders in these areas to faucet into networking occasions, technical workshops and shared workspaces designed to spark collaboration.
That stated, different sectors are additionally welcome: bio-health ventures with specialised amenities and mentorship packages tailor-made to medical and life sciences analysis. Renewable power startups, particularly these centered on solar energy, will discover growth-stage funding and growth assist.
In 2024, loads was achieved: Pangyo Techno Valleys 1 and a couple of are residence to 1,803 corporations, marking an (+11% progress YoY). It now counts 79,000 staff, for which 60% are of their 20s and 30s amongst whom 32.6% are Researchers. Girls signify 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. The truth is, there are even numerous Pangyo TV startups who’ve foreigner CEOs, and that’s one thing entrepreneurs worldwide ought to take into accounts 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 value asking, and assembly the GBSA crew at CES needs to be a high networking precedence for some startups.
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