Starbucks Korea Selected as the 13th Caring Company

Photo by Starbucks

[Asia Economy Reporter Moon Hyewon] Starbucks Coffee Korea has been selected as the 13th 'Caring Company'.

The Ministry of SMEs and Startups announced on the 7th that Starbucks Coffee Korea was chosen as a caring company that provides a forward base for startup entrepreneurship to young prospective entrepreneurs and supports pre-startup programs including overseas training.

On the same day, Park Young-sun, Minister of SMEs and Startups, said at the signing ceremony held at Starbucks Community Store No. 2 in Seongsu-dong, Seoul, "I hope that this agreement will lead to more active emergence of young startups who will lead the future."

The signing ceremony was attended by Starbucks Coffee Korea, Youth Startup Network Prism, and the Korea Accelerator Association.

According to this agreement, Starbucks Korea will designate and operate 10 'Startup Cafes' as forward bases for young prospective entrepreneurs to start their startups.

The stores designated as Startup Cafes are Starbucks Community Store No. 2 (Seongsu Station branch), Ewha R branch, The Jongno R branch, Yaksu Station branch (all in Seoul), Incheon Yonghyeon DT branch, Cheonan Anseo branch, Daegu Jungangno Station branch, Daejeon Jungangno R branch, Chosun University branch (Gwangju), and The Haeundae R branch.

Starbucks, Prism, and the Accelerator Association plan to form a Youth Startup Support Council to plan and operate the Startup Cafe programs.

The Ministry of SMEs and Startups will support mutual growth activities through the Creative Economy Innovation Centers.

Startup Cafes will be used as small-scale networking stores in each region. They will also operate as channels where young startups can interact non-face-to-face with global companies.

Song Hoseop, CEO of Starbucks Korea, said, "It is a great honor to participate in the Caring Company project conducted by the Ministry of SMEs and Startups to realize the values of coexistence and mutual growth in Korea," adding, "We will continue to develop and advance win-win programs to support the spread of startup culture among Korean youth."

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