Ministry of Oceans and Fisheries Holds Online Briefing Session for 'Marine and Fisheries Startup Planner Program'

[Asia Economy Reporter Joo Sang-don] The Ministry of Oceans and Fisheries announced that it will hold an online briefing session via the Korea Institute of Marine Science and Technology Promotion's YouTube channel starting on the 14th to recruit prospective entrepreneurs and startups within three years to participate in the 2020 Marine and Fisheries Startup Incubator Operation Program.

The Marine and Fisheries Startup Incubator Operation Program is a project that comprehensively supports startup education, professional consulting, commercialization funds, and investment attraction for prospective entrepreneurs and startups within three years to facilitate their initial commercialization.

This year, four selected marine and fisheries startup incubators?MY Social Company, Low Partners, Y&Archer, and Zephyrus Lab?will provide detailed guidance on the support contents of each incubator, the selection procedures, and criteria for nurturing companies through the online briefing session. For other inquiries, one-on-one consultations will be conducted via phone or email.

The online briefing video will be posted on the Korea Institute of Marine Science and Technology Promotion's YouTube channel from the 14th to the 24th. The briefing materials can be found on the 'Marine and Fisheries Startup Information System.'

Companies wishing to participate in the Marine and Fisheries Startup Incubator Operation Program can apply through the 'Announcement·Application' board on the Marine and Fisheries Startup Information System from the 16th until 4 p.m. on the 24th. Each company can submit applications to up to two startup incubators.

Support contents and selection procedures vary by each marine and fisheries startup incubator. Applicants should carefully review the support details of each incubator through this online briefing session.

Oh Young-rok, Director of the Marine Science and Technology Policy Division at the Ministry of Oceans and Fisheries, said, "The sales of companies supported by last year's marine and fisheries startup incubators increased more than threefold on average, and they achieved results such as attracting private investments worth 1.7 billion KRW. We will operate this year's program effectively so that more prospective entrepreneurs and startups in the marine and fisheries sector can participate and have an opportunity to grow to the next level."

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