Jeonju University, the Only One in Honam Region to be Selected for “10 Consecutive Years” in Initial Start-up Package Project in 2020 - About 80 billion won worth of business over the next three years (`20~22 year)
Jeonju University (Chancellor Hoin Lee) said it has been selected in “2020 Initial start-up package support project,” organized by the Ministry of SMEs and Startups and the Korea Institute of Startup and Entrepreneurship Development, for 10 consecutive years. The initial start-up package is a project that universities with excellent start-up infrastructure and public, and private institutions support early start-up companies (within three years), and it helps companies commercialize and grow start-up items by operating funding and item verification programs.
Jeonju University provided a total of 1.04 billion won to 16 promising companies last year, and operated various start-up programs such as mentoring, securing intellectual property, supporting market development. This year, it plans to operate the start-up support system that is unique to Jeonju University and optimized for projects in regional specialized areas, focusing on pioneering the market which the early start-ups are most struggling.
Ki-heung Jeon, the head of the start-up support group, said that “we feel heavy responsibility for being selected for the initial start-up package project for the 10th consecutive year. Through collaboration with local networks, we will find and verify potential early start-ups and help them grow into sustainable start-up enterprises.”
Recruitment of early start-up package (preliminary) start-ups will be made through a portal site ‘K-Startup(www.k-startup.go.kr)’ for start-ups with excellent start-up ideas or advanced technologies. Jeonju University plans to select (preliminary) start-ups with less than three years and support up to 100 million won in funds and also start-up space, mentoring, and pioneering the market.
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