On June 17th, 2020 the graduation ceremony of IBK Changgong’s 4th Mapo Accelerator class was held. The program began January 2nd, 2020 and was planned to complete on May 29th, 2020. However, due to COVID-19 pandemic, the program faced delays.
The IBK Changgong Accelerator program partners with N15 Partners to support startups by providing mentoring from experts as well as free offices. As IBK is a bank, support for loans, investment relations, and business networking are given. Legal services such as patent and tax services are also provided. With the goal of incubating 500 startup companies by 2022, IBK will continue to open additional support centers.