Mokwon University Selected as Lead Institution for 'Youth Cooperative Startup Support'

Exterior view of the Mokwon University Industry-Academic Cooperation Foundation building. Provided by Mokwon University

[Asia Economy (Daejeon) Reporter Jeong Il-woong] Mokwon University has been selected as the lead institution for supporting youth cooperative startups.

According to the university on the 1st, the youth cooperative startup support focuses on assisting cooperative-type startups centered on team building (organizational development) for young people aspiring to start cooperatives. It also plays a growth ladder role for existing cooperatives, helping them to advance their business models.

This year, the Korea Social Enterprise Promotion Agency conducted a nationwide public contest to select lead institutions for youth cooperative startup support and ultimately selected 15 institutions, including Mokwon University Industry-Academic Cooperation Foundation.

During the selection process, Mokwon University Industry-Academic Cooperation Foundation received excellent evaluations in categories such as youth-centered job innovation cooperative development plans, specialized education capabilities in the social economy sector, and startup support infrastructure.

Following the selection results, Mokwon University Industry-Academic Cooperation Foundation plans to strengthen innovative startup capabilities focusing on freelancers in the cultural and arts fields that align with the university’s specialization direction.

In particular, in connection with the local cultural and arts community, it will support the entire process of cooperative startup?from establishment to social enterprise certification?while providing customized education, consulting, project fund management, and administrative support to help build a stable growth foundation.

Jung Cheol-ho, head of Mokwon University Industry-Academic Cooperation Foundation, said, “We will focus our project capabilities to ensure that being selected as the lead institution for youth cooperative startup support contributes to solving local problems and realizing social values.”

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