GIST, Recruiting Participants for Preliminary Startup Package

[Asia Economy Honam Reporting Headquarters Reporter Cho Hyung-joo] GIST is recruiting prospective entrepreneurs to participate in the ‘Pre-Startup Package’ specialized field (D.N.A.) until the 17th of this month.

The Pre-Startup Package support project by the Ministry of SMEs and Startups provides an average of 50 million KRW per person as commercialization funds to facilitate smooth startup commercialization for prospective entrepreneurs, and offers practical startup support such as startup education and mentoring, market linkage, and global expansion.

GIST plans to select a total of 18 candidates (up to 30) in the specialized field without restrictions on age or residence through document and presentation evaluations.

To ensure the successful startup of the selected startup companies, GIST will support them by organizing a dedicated team responsible for startup support, forming an investment organization and securing investment funds, and utilizing on-campus infrastructure for technology transfer, startup space support, and startup clubs.

Prospective entrepreneurs wishing to apply for the Pre-Startup Package specialized field (Artificial Intelligence) should apply online by 4 p.m. on the 17th through the K-Startup website by selecting ‘Pre-Startup Package Specialized Field (D.N.A.) Lead Institution - Gwangju Institute of Science and Technology (GIST).’

Eligibility requires that, as of the announcement date, applicants have no prior startup experience or business registration (individual or corporation) under their name. Those who have experience of business closure before the announcement date may apply only if they plan to start a business producing products or services in a different industry.

If planning to start a business producing products or services in the same industry, more than 3 years must have passed since closure, or more than 2 years since bankruptcy or insolvency.

Jo Byung-kwan, head of the GIST Startup Promotion Center, said, “We will actively support the successful startup execution of D.N.A. field startup companies by utilizing the startup infrastructure possessed by GIST, and we will do our best to revitalize the local economy.”

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