Seodaemun-gu to Promote Campus Town Development with Ewha Womans University

45 Teams Apply for Style-Tech Startup Team Recruitment, 6 Teams Selected

Startup Space 'StyleTech Lab' for the 'Ewha Womans University Campus Town Development Project'

[Asia Economy Reporter Jong-il Park] Seodaemun-gu (Mayor Moon Seok-jin) is promoting a Campus Town development project together with Ewha Womans University to transform the Ewha commercial district into a startup hub in the 'Style-Tech' industry sector.

Style-Tech refers to a new industry that integrates advanced information technologies such as the Internet of Things (IoT), Artificial Intelligence (AI), and Virtual Reality (VR) into lifestyle fields including fashion and beauty.

Last month, a call for startup teams in related fields received enthusiastic responses, with 45 teams applying for 6 available spots. These teams proposed various ideas including non-face-to-face services, shared service platforms, and big data-based curation.

The 6 teams finally selected through first and second rounds of evaluation will receive startup activity funds for prototype production and promotional marketing. They will also participate in mentoring linked with large corporations and entrepreneurship education programs.

The startup spaces where they can exhibit and test their prototypes, the 'Style-Tech Lab' (Ewha Womans University 1-gil 33) and the 'Experience Studio' (Ewha Womans University-gil 87), are scheduled to open next month.

The 3 teams awarded the grand prize and excellence prize in the competition will be given independent startup spaces here, while the remaining 3 teams will receive shared startup spaces.

Seodaemun-gu aims to maximize synergy effects by linking the Ewha Womans University Campus Town project with the 'Sinchon Venture Valley development.'

Moon Seok-jin, Mayor of Seodaemun-gu, stated, “We will actively support the Ewha Womans University Campus Town to become a forward base for youth startups and regional economic revitalization in the Sinchon and Ewha areas.”

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