Hana Financial Group Opens Applications for 3rd Cohort of 'Hana Social Venture Academy'

[Asia Economy Reporter Kiho Sung] Hana Financial Group announced on the 10th that it is recruiting the 3rd class of the "Hana Social Venture Academy," a program that nurtures social innovation entrepreneurs through startup education.

The "Hana Social Venture Academy" is an incubating program for prospective entrepreneurs who aim to solve various social issues with new perspective solutions. Following the 1st and 2nd classes held in 2019 and 2020, it has produced numerous startup teams that pursue both social problem-solving and successful business simultaneously.

A total of 8 startup teams will be selected for this "Hana Social Venture Academy" course, and each selected team will receive a support fund of 1.5 million KRW. In addition, they will have the opportunity to receive hands-on close coaching from active entrepreneurs and experts, as well as build business networks through networking with senior startup teams from the "Hana Social Venture Academy."

Hana Financial Group will conduct an 11-week course and select outstanding teams through a performance presentation sharing social innovation ideas. Three teams selected as outstanding will be awarded a total of 20 million KRW in commercialization support funds. Besides the support funds, the startup teams will be provided with free office space at "Hana Social Square" for six months to help them focus on growth without initial cost burdens.

The application period for the "Hana Social Venture Academy" is until the 21st, and applications can be submitted through the program’s website, with inquiries available via real-time chat.

Chairman Jung-tae Kim stated, "During the 11 weeks of startup education, we will do our best to support all teams participating with good intentions to derive new solutions to social problems," and added, "We will continue to play a catalyst role in creating youth jobs and revitalizing the social economy through ongoing support for social innovation enterprises."

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