Ministry of SMEs and Startups Selects 5 Local Creators from Gyeongnam for 'Local Creator Activation Project'

Discovering and Nurturing Entrepreneurs Creating New Value Using Local Resources
Gyeongnam Selects 5 Early-Stage Startups Including 'Hanbangsupia'
Up to 30 Million KRW Support for Commercialization Funds Such as Service Development and Marketing

Gyeongsangnam-do Provincial Government Building Exterior

[Asia Economy Yeongnam Reporting Headquarters Reporter Kang Sharon] On the 7th, it was announced that five early-stage startups (general type) from Gyeongnam Province were selected for the ‘Local Creator Activation Project’ hosted by the Ministry of SMEs and Startups.

The selected early-stage startups are ▲Hanbangsupia ▲Geoje Local Design Seomdo ▲Irang Cooperative ▲Play Planning ▲(Co.) Eumsae Agricultural Corporation.

These companies will receive up to 30 million KRW in commercialization funds to cover expenses such as service and prototype development, marketing, space planning, production facilities, and intellectual property acquisition.

The ‘Local Creator Activation Project’ is a program aimed at discovering and nurturing entrepreneurs who create new regional value by combining innovative ideas with local resources, cultural assets, and geographical and industrial characteristics.

It was promoted to revitalize the local economy and expand entrepreneurial opportunities for local youth facing difficulties in job seeking in the post-COVID-19 era in the second half of the year.

The province plans to provide customized capacity-building programs and opportunities to participate in follow-up commercialization support to ensure stable growth for the seven companies selected in the first half and the five newly selected companies.

Kim Ki-young, Director of the Job and Economy Bureau of the province, said, “The growth of local creators, who are region-based innovative entrepreneurs, can lead to the revitalization of the local economy,” adding, “We will strive to create an entrepreneurial ecosystem environment so that more local creators can challenge startups.”

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