Yeosu Gwangyang Port Authority Holds Untact Startup Idea Contest

[Asia Economy Honam Reporting Headquarters Reporter Lee Hyung-kwon] Yeosu Gwangyang Port Authority (President Cha Min-sik, hereinafter referred to as the Authority) announced on the 28th that it will hold the ‘SPLASH, Startup Idea Discovery Untact Hackathon’ together with Busan, Incheon, and Ulsan Port Authorities.

The startup idea discovery hackathon is a contest aimed at discovering and nurturing startup ideas in related fields such as marine digital new deal, marine green new deal, shipping, ports, logistics, and marine tourism. Participants form teams to derive business ideas and complete business models.

To prevent the spread of COVID-19, this hackathon will be held online in a non-face-to-face format. Anyone with startup ideas in related fields such as ▲shipping, ports, logistics ▲marine digital·green new deal ▲marine tourism (high school graduates or general public) can form teams of up to five members and participate.

Applications are open until 6 p.m. on September 18, and detailed information can be found through OnOffMix.

The total prize money for four outstanding teams is 11 million KRW (5 million KRW for the grand prize, 3 million KRW for the gold prize, 2 million KRW for the silver prize, and 1 million KRW for the bronze prize, one team each). Follow-up support such as startup funds, office space, and mentoring will be provided through one-on-one matching between each PA and the winning teams.

President Cha Min-sik stated, “We expect to create innovative jobs by discovering and supporting new business ideas in the marine and logistics sectors to actively implement the Korean New Deal policy,” and added, “We will take the lead in nurturing startup ideas in related industries.”

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