KHNP 'Nuclear Job Creation Idea Contest'... Total Prize Money 4.8 Million Won

[Asia Economy Reporter Kim Bo-kyung] Korea Hydro & Nuclear Power (KHNP) is conducting the "Nuclear Job Creation Idea Contest" until the 25th to inject new vitality into the nuclear industry.

This contest is the first collaborative project implemented under the OIP business agreement signed by major nuclear public institutions such as KHNP, KEPCO Engineering & Construction, Nuclear Environment Corporation, and the Gyeongbuk Creative Economy Innovation Center. It holds significance in maximizing synergy by pooling the capabilities and resources of each institution under the single goal of "innovative job creation" in the nuclear industry.

OIP (Open Innovation Platform) refers to a business model where each institution actively shares tangible and intangible resources with the private sector and integrates ideas or technologies necessary for startups from institutions or the private sector into private startup platforms for discovery and nurturing.

The contest categories are twofold: "job creation ideas" desired by the public and "slogans" for the successful promotion of the OIP project.

The detailed job creation idea submissions include ▲jobs related to core nuclear projects ▲regional and social jobs ▲win-win growth jobs to revitalize the nuclear industry. The OIP project promotion slogans should contain directions for collaboration among participating institutions to achieve innovative startups and job creation.

The total prize money amounts to 4.8 million KRW, including 1 million KRW for the grand prize in the idea contest. Additionally, gift certificates worth approximately 10,000 KRW will be provided through a lottery among applicants. The final results will be announced next month on the participating institutions' websites. Detailed information about the contest can be found on the websites of the participating institutions.

Oh Soon-rok, Head of Planning at KHNP, stated, "Through this contest, KHNP and other nuclear public institutions have established and are operating a process to discover, promote, evaluate, and improve job creation tasks through public participation." He added, "We will do our best to create jobs that the public desires."

This content was produced with the assistance of AI translation services.