Venture Business Association to Recruit 100 Social Venture Pre-Startup Entrepreneurs... Up to 100 Million KRW Support

Recruiting 100 People Until the 17th of Next Month
Business Briefing Session to be Held on the 4th of Next Month

[Asia Economy Reporter Kim Bo-kyung] The Korea Venture Business Association announced on the 28th that it will recruit 100 prospective entrepreneurs to participate in the social venture sector of the preliminary startup package project until the 17th of next month.

A social venture refers to a venture company that pursues profit through innovative technology or business models aimed at solving social problems.

If selected for the preliminary startup package project, participants can receive up to 100 million KRW (an average of 50 million KRW) in commercialization funds, as well as education and mentoring necessary for the preparation and execution of the startup.

The Korea Venture Business Association is the lead organization for the social venture sector among the specialized fields of the preliminary startup package project and has been selecting and supporting 100 prospective entrepreneurs annually since 2020.

This year as well, 100 prospective entrepreneurs will be selected to receive support such as startup commercialization funds, startup education, autonomous programs (impact investment, social value measurement methods, social venture MBA courses, etc.), and exchanges with social impact experts.

Those wishing to participate in the project can select the Korea Venture Business Association (social venture sector) as the lead organization on the K-Startup website and submit their business plans online.

On the 4th of next month, a project briefing session will be held at Gonggan Seongsu in Seongsu-dong, Seoul. The offline venue will be limited to 20 people, and the session will also be broadcast online via a YouTube channel.

For more details and to apply for attendance at the briefing session, please refer to the project announcement section on the Korea Venture Business Association website.

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