Gyeongbuk Province Selects 10 Projects for '4050 Happiness Job Project' ... 30 Million KRW Support per Team

[Asia Economy Yeongnam Reporting Headquarters Reporter Choi Jae-ho] Gyeongsangbuk-do announced on the 3rd that it has finally selected 10 projects for the 2021 '4050 Happy Startup Accelerating Project' and will provide startup support funds of around 30 million KRW per team.

The 'Gyeongbuk 4050 Happy Startup Accelerating Project' is a startup support program under the '4050 Happy Job Project' that has been promoted since 2020. It is a project that encourages job creation for the middle-aged generation with excellent ideas.

It is part of a special support policy project for the middle-aged group, considering that the 4050 generation accounts for the largest proportion of the population in the province but has been placed in an employment support blind spot compared to youth (ages 15-39), new middle-aged (ages 50-69), and middle-aged (ages 50-70).

A total of 19 teams without business registration applied during the one-month contest held from mid-March, and among them, 10 final business ideas were selected.

The selected projects include ▲ Touch Pencil (smart touch pen for correcting writing posture in infants and children) ▲ Smile Posture Corrector ▲ Developing developer and special additives (for display and semiconductor materials) ▲ Smart tourism in the COVID-19 era (tourism travel business, Hanok experience business) ▲ Bongbong Salon ▲ Production of wooden cutlery and lifestyle product kits ▲ Repellent for hornet species using plant volatile substances ▲ Pet smart health assistant ▲ Manufacturing solid fuel using carbon dust ▲ Development of tofu products using tropical fruit tamarind.

These prospective entrepreneurs will be provided with a two-month preliminary entrepreneur education program and assigned one dedicated mentor per startup team, who will provide continuous guidance and management throughout the project period.

Baek Seong-gil, Director of the Job Economy Office of Gyeongbuk Province, said, "We understand that the 4050 generation facing unemployment and early retirement will experience many difficulties such as trial and error and cost issues during the startup preparation process." He added, "We will be a strong supporter for them and actively support them to start their second life stably."

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