Chonnam National University Selected for 'Campus Innovation Park' Contest... "A Forward Base for Startup Growth and Job Creation"

[Asia Economy Honam Reporting Headquarters Reporter Lee Gwan-woo] A city high-tech industrial complex will be established at Chonnam National University.

On the 1st, Chonnam National University announced that it was finally selected for the 'Campus Innovation Park' contest project, which will create a complex space for industry-academia-research collaboration and company residency on campus, as well as residential, cultural, and welfare facilities.

The contest, jointly promoted by the Ministry of Education, the Ministry of Land, Infrastructure and Transport, and the Ministry of SMEs and Startups, saw competition among 23 universities nationwide, with Chonnam National University and Kyungpook National University ultimately selected.

The 'Campus Innovation Park' project was initiated considering the reality that future new industry locations prefer urban areas rich in innovative environments and human resources. It aims to actively utilize the university's locational advantages and innovation capabilities to advance industry-academia cooperation and transform the university into a new innovation growth ecosystem hub.

Following the contest selection, Chonnam National University plans to designate the auxiliary sports field area on campus as an industrial complex by the first half of next year and build a 22,000㎡ scale Campus Innovation Park equipped with industry-academia cooperation spaces as well as residential, cultural, and welfare facilities by 2024.

Chonnam National University intends to maximize the synergistic effects by linking this project with urban regeneration projects, regional innovation platform projects, and startup investment fund formation projects.

Furthermore, following the first phase 'Industry-Academia-Research Innovation Hub,' the university plans to expand into a 'Compact City-type High-tech Industrial Complex' through phased projects over nine years, including the second phase 'Amenity Innovation Hub' and the third phase 'Global Innovation Hub.'

This project is expected to proceed smoothly as Gwangju Metropolitan City pledged 8 billion KRW, Buk-gu district promised 500 million KRW and provision of access road land, providing strong support for the contest selection. Additionally, a business agreement was signed with Gwangju Urban Corporation for the promotion of the second phase development plan.

President Jeong Seong-taek said, “The Campus Innovation Park will serve as a forward base to establish an innovative startup foundation, foster startups utilizing innovative technologies, and create high-quality jobs, significantly expanding our region’s industry-academia cooperation and startup support ecosystem.”

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