Naju-si Recruiting Participants for 'Startup Incubating' Until the 29th

[Asia Economy Honam Reporting Headquarters Reporter Kim Yukbong] Naju City, Jeollanam-do (Mayor Kang In-gyu) announced on the 14th that it is recruiting participants for the ‘Social Economy Startup Incubating’ program until the 29th.

This project supports prospective entrepreneurs (teams) preparing to start (establish) social economy enterprises with necessary funds and customized consulting for startup.

The city plans to select three teams of social economy startup hopefuls residing in the jurisdiction by the 29th.

In this regard, a project briefing session will be held at 2 p.m. on the 22nd at the Naju Public Activity Support Center.

Applications can be submitted by mail, visit, or email to the Naju Public Activity Support Center with the application form and required documents downloaded from the city hall website’s notices and announcements section by the deadline.

However, those who have received support funds by participating in startup support projects conducted by government ministries, local governments, or public institutions with the same startup idea, or whose support (agreement) periods overlap with other projects, are excluded from the application.

The city will select the final three teams through evaluation criteria such as social entrepreneur qualifications, startup items, business feasibility, expected effects, and through document review, interviews, and face-to-face evaluations.

The final selected teams will receive support from next month until November, including ▲1:1 mentoring through dedicated mentors ▲basic education on social economy startups ▲customized linkage to corporate needs ▲support for establishment and designation, and startup funds up to 5 million KRW (average 3.3 million KRW) necessary for startup activities.

Mayor Kang In-gyu said, “Through practical support for establishing social economy enterprises, we will not only develop creative business models that solve various social problems but also establish a stable growth foundation for companies and build a sustainable Naju-type social economy ecosystem. We hope many prospective social economy entrepreneurs with innovative ideas will show great interest and participate.”

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