Gwangju City to Recruit Participating Companies for Startup Support from the 3rd

Until the 21st... Up to 50 Million KRW Provided for Commercialization Funds for 9 Selected Sites

[Asia Economy Honam Reporting Headquarters Reporter Park Seon-gang] Gwangju Metropolitan City announced on the 2nd that it will recruit participating companies for the '2021 G-IN Startup JUMP' from the 3rd to the 21st to revitalize the local economy and foster prospective entrepreneurs and venture companies.

Hosted by Gwangju City and organized by the Gwangju Center for Creative Economy and Innovation Foundation, this project aims to discover prospective entrepreneurs and startups with fresh and innovative ideas within the region and support their successful startup and commercialization.

The recruitment targets are prospective entrepreneurs and startups within 7 years of establishment who have their headquarters or branches in Gwangju City. Anyone with creative ideas in fields related to new technologies (4th Industrial Revolution), manufacturing-related services, and knowledge services can participate.

Nine companies will be selected to receive up to 50 million KRW in commercialization funds (differentially allocated), along with startup support programs such as investment attraction, mentoring, and prototype production to strengthen the capabilities of startup companies.

Applications can be submitted by referring to the announcement posted on the websites of Gwangju City and the Gwangju Center for Creative Economy and Innovation on the 3rd, filling out the application form, and sending it via email.

Son Hang-hwan, head of the city's Enterprise Development Division, said, "Through this project, we hope to establish an innovative venture startup ecosystem that secures commercialization funds for startups and venture companies with creative ideas in the region and creates jobs."

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