[Photo] KAMCO Signs MOU to Establish Busan Youth Startup Hub
At the Busan Metropolitan City Hall on the 21st, officials including Moon Seong-yu, President of KAMCO (third from the left), and Byun Seong-wan, Acting Mayor of Busan (second from the left), are taking a commemorative photo at the Busan-type Youth Startup Hub establishment business agreement ceremony for revitalizing the innovation city.
* (From left) Lee In-sook, Director of Busan IT Industry Promotion Agency; Byun Seong-wan, Acting Mayor of Busan; Moon Seong-yu, President of KAMCO; Kang Kyung-tae, Director of Busan Design Promotion Agency
Photo by Lee In-sook
[Asia Economy Reporter Kim Hyo-jin] Korea Asset Management Corporation (KAMCO) signed a business agreement on the 21st at Busan Metropolitan City Hall to establish the Busan-type Youth Startup Hub for revitalizing the Innovation City.
This agreement was prepared to focus on discovering startups in Busan's specialized industries such as finance, maritime, and gaming through the establishment of the Busan Youth Startup Hub, and to secure job creation and growth momentum for the Innovation City by providing step-by-step customized support from initial startup education to investment attraction and market expansion.
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KAMCO will develop the state-owned property 'Former Southeast Regional Statistics Office' located in Yeonje-gu, Busan, through green remodeling, transforming it into the Busan Youth Startup Hub as an innovative startup space, and will offer reduced rent to (preliminary) entrepreneurs moving in.
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