Jeonnam Promotion Agency's 'One-Person Startup' Product Sales and Funding Success Sparks Attention

‘Three-Sided Sea’ Achieves 749% Funding Rate on Wadiz... Sold Out in 30 Minutes on Live Commerce

CEO Choi Yong-jun of Sam Myeon I Bada and his father, CEO Choi Jong-jae of Youngshin Fisheries. Photo by Jeonnam Information & Culture Industry Promotion Agency

[Asia Economy Honam Reporting Headquarters Reporter Kim Chunsu] The funding product launched by a tenant company of the ‘One-Person Creative Enterprise Support Center,’ operated by the Jeonnam Information and Culture Industry Promotion Agency (President Lee Jung-geun, hereinafter ‘the Promotion Agency’), has attracted attention by achieving an investment attraction rate exceeding 700%.

According to the Promotion Agency on the 1st, the tenant company ‘Sam Myeon-i Bada’ (CEO Choi Yongjun) recently launched the ‘Luxury Health-Boosting Gulbi Gift Full Package’ funding product on the crowdfunding platform Wadiz to celebrate the Chuseok season. As of the 1st, five days before the funding deadline (September 6), the funding rate reached 749%.

The company has continued to draw attention, with its ‘Mokpo Mino’ product, introduced through a Naver Live Commerce Shopping Live broadcast hosted by Namdo Market on the 27th of last month, selling out in about 30 minutes.

The background to these achievements was supported by the Promotion Agency’s systematic crowdfunding education and support.

Since 2020, the Promotion Agency has planned and supported the ‘Crowdfunding Linkage Support Project’ to help tenant companies struggling with customer acquisition and sales due to COVID-19 overcome the crisis.

This project consists of stages including ▲sharing comprehensive understanding of crowdfunding such as funding planning methods, precautions, and success cases ▲1:1 intensive mentoring with actual funding company representatives to analyze each business’s products, targets, prices, and designate concepts ▲and feedback focused on funding success such as detailed page and content production.

President Lee Jung-geun of the Promotion Agency stated, “Crowdfunding is a suitable means for local youths who have decided to start a business in the early stages to quickly attract investment. Especially in the current COVID-19 situation, it is expected to become an essential means of contactless investment attraction. We plan to actively support the business expansion and market development of Jeonnam’s young entrepreneurs through education and mentoring on this.”

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