Creating Jobs with Young Minds... Recruiting Teams for the 'Busan Youth Job Hackathon'

Busan City Offers Total Prize of 21 Million Won Using Team-Based Group Video Meetings
Recruiting 30 Teams and About 150 Participants Until October 12... December Finals

Busan Youth Job Hackathon Announcement.

[Asia Economy Yeongnam Reporting Headquarters Reporter Kim Yong-woo] Busan City is recruiting South Korean youth teams (4-5 members) to participate in the ‘2020 Busan Youth Job Hackathon’ held over two days on December 4 and 5 until October 12.

Busan City, Busan Regional Employment and Labor Office, Busan Economic Promotion Agency, Kyungsung University, Kosin University, Dong-Eui University, Busan University of Foreign Studies, and Silla University are participating, with sponsorship from the Housing and Urban Guarantee Corporation, Korea Asset Management Corporation, and Korea South-East Power Co., Ltd.

This competition was organized to enable youth to proactively develop ideas suited to regional characteristics and connect them to actual job creation.

The total prize money is 21 million KRW. To prevent the spread of COVID-19, unlike previous years’ overnight 2-day events, teams will gather separately and participate online via Zoom.

About 150 participants from 30 teams selected through document screening will compete in the preliminary round, and finally, about 100 participants from 20 teams will be selected to participate in the main event.

The hackathon themes are to choose one of two: ▲ First, ‘Ideas related to youth job creation suited to Busan’s regional characteristics,’ ▲ Second, ‘Others’ (youth policy ideas related to housing, activities, culture, etc., that can be commercialized).

Any South Korean youth aged 18 to 34 can participate, and applications are accepted only in teams of 4 to 5 members.

If even one team member is absent from the mid-program or hackathon event, the team will be disqualified. Services for idea concretization and advancement through expert mentoring will be provided, and 11 teams will be selected and awarded by judging the results created in the main event.

Special Prize (Grand Prize) 1 team (Busan Mayor’s Award, certificate awarded to the first-place team among the grand prize winners), Excellence Award 2 teams (Korea Asset Management Corporation President’s Award, Korea South-East Power President’s Award, each with 3 million KRW prize), Merit Award 6 teams (Busan Regional Employment and Labor Office Director’s Award, 5 university presidents’ awards, each with 2 million KRW prize), Encouragement Award 3 teams (Busan Economic Promotion Agency Director’s Award, Housing and Urban Guarantee Corporation President’s Award, each with 1 million KRW prize).

Applications can be submitted online by downloading the application form from the Busan Job Information Network by October 12, filling it out, and submitting it online.

Byun Sung-wan, Acting Mayor of Busan, said, “We will expand youth job creation by incorporating excellent ideas into Busan City projects.”

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