Korea Startup Promotion Agency Employees Unite to Donate COVID-19 Relief Funds and Masks

Kim Kwang-hyun, President of the Korea Institute of Startup & Entrepreneurship Development (left), is posing for a commemorative photo at the "Warm Heart Delivery Ceremony to Overcome COVID-19."

[Asia Economy Reporter Kim Cheol-hyun] The Korea Institute of Startup & Entrepreneurship Development (President Kim Kwang-hyun) announced on the 30th that it has raised a joint donation from its employees to overcome the novel coronavirus disease (COVID-19) and donated 5 million KRW in cash, 1,000 masks, and 2 boxes of hand sanitizers to the Korean Red Cross.

President Kim Kwang-hyun said, "The entire donation was jointly prepared by labor and management, gathering the will of employees to overcome the crisis faced by our people together," adding, "As a public institution, we will fulfill our social responsibility and do our best to overcome the COVID-19 situation by joining forces with the local community."

The Korea Institute of Startup & Entrepreneurship Development is implementing a strong social distancing policy for 15 days and has decided to return 30% of the salaries of executives for four months. In addition, due to the spread of COVID-19, it is flexibly operating startup support projects by extending application periods, replacing face-to-face and presentation evaluations with online formats, and preparing a common online evaluation manual.

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