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December 14, 2012 01:21 am GMT

Google For Entrepreneurs Program Partners With Korean Accelerator Kstartup

kstartupSeoul-based accelerator Kstartup just announced that it's partnering with the Google for Entrepreneurs program. In fact, according to Kstartup co-founder and partner David Lee, this is Google's first such partnership in Asia.Lee was an early Googler (one of the first 200 employees), as well as a partner at SK Telecom Ventures and co-founder of XG Ventures. (He's not the David Lee at SV Angel.) Through the partnership, he said Google will provide an undisclosed amount of funding to help with Kstartup's operations. It's a three-month program, providing free office space in the Gangnam district ("Psy not included"), as well as business and technical mentorship. Lee said he's also raising a fund to make seed investments in the Kstartup companies, but that's separate from the Google partnership.

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