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Which Startup Programs Your Status Can Apply To (SBIR · STEM OPT · Brain Pool · K-Tech Pass)

Eligibility splits on immigration status, and the two sides split in opposite directions. SBIR needs majority ownership by US citizens or permanent residents; K-Tech Pass is a visa, so it is for foreign nationals only. One grid showing where each door opens and closes.

This is reference material, not legal or immigration advice. Confirm anything that touches your status with your school's international student office (DSO) or an immigration attorney. Losing or reacquiring a nationality is especially hard to undo.

At a glance — where each door opens and closes

People looking for funding usually start with "what programs exist." What actually stops them is almost always "am I even eligible," and answering that means reading five separate announcements and working out your own row.

Which startup support programs each immigration status can apply to A grid of five immigration or nationality states against five programs. US programs close on immigration status: SBIR and STTR require more than 50 percent ownership by US citizens or permanent residents, so no student on F-1 or OPT qualifies. Korean programs close on nationality or location instead: K-Tech Pass is a visa and therefore only for foreign nationals, so a Korean citizen holding a US green card cannot use it while someone who has naturalised as a US citizen can. Brain Pool is the one program that asks neither, requiring only a doctorate and current residence outside Korea. US programs close on status. Korean programs close on nationality. UNITED STATES KOREA Self- employment on OPT SBIR STTR majority owner Brain Pool doctorate K-Tech Pass Top-Tier visa Pre- startup package (MSS) F-1 student Korean citizen, no work authorisation ✕ ✕ ✕ no doctorate yet ✕ ✓ OPT Korean citizen, 12 months ✓ licence + major ✕ △ if doctorate ✕ ✓ STEM OPT Korean citizen, 24 months △ join yes, own boss no ✕ △ if doctorate ✕ ✓ Green card Korean citizenship retained — ✓ opens here ✓ ✕ not a foreigner ✓ US citizen Korean citizenship lost — ✓ ✓ ✓ opens here ? not verified The two outlined columns flip against each other. SBIR opens the moment you hold a green card. K-Tech Pass closes at exactly that point, because it is a visa, and a visa is for foreign nationals only. Brain Pool is the only one that asks neither: a doctorate, and living outside Korea. ? = we could not confirm this cell from a primary source. It is left blank rather than guessed.

The US side — status is what closes the door

ProgramConfirmed requirement
SBIR / STTR More than 50% of the equity must be directly owned and controlled by individuals who are US citizens or permanent residents. "Individual" means an actual person — a company does not count.
So a student on F-1 or OPT cannot be the majority owner. You can join the company or be employed by it, but you cannot hold the controlling stake. The structure has to put 51% or more with a citizen or permanent resident co-founder.
13 CFR 121.702 · 500 employees or fewer, affiliates included
Post-completion OPT
12 months · self-employment
Self-employment is allowed. Three conditions: you hold the proper business licences, you are actively engaged in the business, and the work is directly related to your major. In SEVIS you record where you actually perform the work — a residence counts. SEVP Policy Guidance 1004-03
STEM OPT
24 months · self-employment
This is where it splits. You may take part in a venture as an employee, but you cannot be your own employer and cannot sign Form I-983 on the employer's behalf. The employer must be enrolled in E-Verify, must pay you on par with similarly situated US workers, and must have the resources to deliver the training plan. An employer "in name only," or working unpaid, does not qualify.
So "found my own company on STEM OPT" does not really work. It needs a co-founder or another authorised signatory, and the company has to be in E-Verify.

The Korean side — nationality and location close it instead

ProgramConfirmed requirement
K-Tech Pass
Top-Tier visa F-2-T
Gives a residence visa and settlement support to overseas talent who has signed an employment contract with a Korean advanced-industry company. The benefits are substantial — 50% income tax reduction for up to 10 years, spouse work authorisation, permanent residency eligible after three years.
But it is a visa, and visas are issued only to foreign nationals. Anyone still holding Korean citizenship — including a Korean citizen with a US green card — is not eligible. A Korean citizen neither needs nor can receive a Korean visa. Conversely, someone who naturalised as a US citizen and thereby lost Korean nationality does qualify.
Quantitative track: master's or above from a top-100 engineering school, experience at a global top-500 company or research institute, or salary at 3× per-capita GNI. Korean language requirement waived from 1 June 2026.
Brain Pool
NRF overseas scientist programme
The only one that does not ask about nationality. Open to doctorate holders currently residing outside Korea (the individual track asks for at least one year of residence abroad as of the hiring date). For companies and corporate research institutes, five or more years of industrial R&D experience abroad can substitute for the doctorate.
Living abroad is the requirement, not the obstacle. The programme exists for overseas Korean researchers considering a return, which describes a doctoral student or postdoc in Boston precisely.
Pre-startup Package
Ministry of SMEs and Startups
For prospective founders who hold no business registration in their own name and no legal representative authority as of the cut-off date (22 January for 2026). The 2026 window is 6–24 March, applied for online through K-Startup.
What we could not confirm. We did not find any nationality or Korean-residence requirement in the announcement, and whether a foreign national may apply is also unconfirmed. Because a selected applicant registers a business and operates it in Korea, returning to Korea looks like a practical precondition — but that is our inference, not a confirmed fact. Check the full K-Startup announcement and ask the administering agency before you apply.

In short

  • US money closes on status. On OPT or STEM OPT you cannot be an SBIR majority owner, and on STEM OPT you cannot be your own company's employer either
  • Korean programmes close on nationality. The most generous one, K-Tech Pass, is unavailable to anyone who keeps Korean citizenship
  • Brain Pool sidesteps both. It looks only at a doctorate and at living abroad — quite possibly the one programme you are eligible for right now while you are in Boston
  • A green card opens the US side and closes one Korean door. There is no state in which both are open

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