Six Organizations Including Pukyong National University Participate in 'Busan Venture Startup Festival' with 22 Billion KRW Sales Last Year

Significant Business Success Achieved Through Local Enterprise Startup Support

2020 Busan Venture Startup Festival scene.

[Asia Economy Yeongnam Reporting Headquarters Reporter Kim Yong-woo] Last year, local companies in the Busan area generated sales of 22 billion KRW through startup support projects.

Six organizations in Busan, including Pukyong National University (President Jang Young-su), which oversee the △Pre-startup Package △Early Startup Package △Startup Leap Package projects, recently held the ‘2020 Busan Venture Startup Festival’ and announced the achievements of startup support in 2020.

The event began with the launch of an online homepage on the 28th of last month and was held on the 30th at the Aqua Palace Grand Ballroom in Gwangalli. It was attended both online and offline by representatives from the six organizations operating startup support projects, including Pukyong National University, Dongseo University, Dong-A University, Pusan National University, Busan Design Promotion Agency, and Busan Creative Economy Innovation Center, as well as officials from the Busan Regional Small and Medium Venture Business Administration and executives and employees of startup companies.

The event was organized to share the 2020 startup support achievements and outstanding company success stories among the institutions operating startup support programs and startup companies.

According to the announcements from the six organizations, last year, a total of 202 startup companies in the Busan area were supported through various startup support projects, achieving sales of 22 billion KRW, 524 new jobs, and investment attraction of 2.2 billion KRW.

The six organizations, including the Pukyong National University Startup Support Group (Director Kwon Soon-mok), have been working hard to create a startup ecosystem by commercializing excellent startup items of local companies and supporting the growth and stabilization of early-stage startups through various startup support projects last year.

Kwon Soon-mok, Director of the Pukyong National University Startup Support Group, said, “Based on the achievements so far, we will strive to further revitalize the local startup foundation in cooperation with startup support institutions.”

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