'Recruiting Trainees for the New Business Startup Academy, the Cradle of Innovative Small Business Entrepreneurs'
Recruitment of a Total of 205 Students for the 11th Class at 9 New Business Startup Schools Nationwide
[Asia Economy Reporter Kim Cheol-hyun] The Ministry of SMEs and Startups (Minister Park Young-sun, hereinafter referred to as the Ministry) and the Small Enterprise and Market Service (Chairman Jo Bong-hwan, hereinafter referred to as SEMAS) announced on the 4th that they are recruiting trainees for the New Business Startup Academy to support well-prepared startups by prospective small business owners. The recruitment scale is 205 people, and the recruitment period is from the 3rd to the 28th of this month.
The New Business Startup Academy is a project aimed at fostering competitive small business owners through systematic startup education for prospective entrepreneurs in the new business sector across nine regions nationwide. The Ministry and SEMAS select prospective entrepreneurs who want to start a business with new business ideas and support a total of five months of education, including one month of startup education and four months of actual management at experience stores, and provide up to 20 million KRW in commercialization funds to outstanding graduates.
Since 2015, the New Business Startup Academy has produced 1,232 graduates, of whom 787 have successfully started businesses. From this year, the Ministry and SEMAS plan to focus on fostering smart small business owners based on innovation and suitable for the rapidly growing online marketing sector. To this end, the existing offline store-centered operation method will be expanded to support digital capability education, coaching programs, and store entry in connection with IT platform companies such as Kakao Makers and Coupang.
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Additionally, three more academies will be added this year, and some of the experience stores of the academies will be developed into facilities capable of productization, technical education, networking, and consultation. A Ministry official stated, "We hope that many prospective entrepreneurs with fresh ideas will apply to the New Business Startup Academy and realize their dreams of starting a business."
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