Women's Enterprise Support Center Launches 'W-Startup Package' Program for Tech Entrepreneurship Support

[Asia Economy Reporter Kim Bo-kyung] The Women’s Enterprise Support Center announced on the 28th that it will implement the 'W-Startup Package Support Project' to promote women’s technology startups.

The W-Startup Package Support Project provides a package of startup education, mentoring, consulting, and commercialization support funds to help women’s ideas connect to technology startups.

For 100 selected applicants, practical startup education and mentoring will be conducted in the first phase, and in the second phase, business plans will be evaluated to select 50 companies each for one-on-one expert consulting and commercialization support funds.

The 50 companies selected for commercialization support can receive up to 7 million KRW per company for business expenses necessary for technology startups, such as test analysis and intellectual property acquisition, prototype production and domestic and international certification acquisition, promotional material production, and participation in exhibitions. The 50 companies receiving expert consulting will be supported with one-on-one consulting by experts in fields such as legal affairs, tax accounting, and human resources to resolve company-specific difficulties.

As part of supporting excellent women’s technology startups, the center plans to provide follow-up support such as special lectures and networking in addition to commercialization support funds and expert consulting.

Eligibility for the W-Startup Package Support Project is women startup companies with technology-based items established less than three years ago or prospective women entrepreneurs majoring in science and engineering. Applications can be submitted through the Women’s Enterprise Comprehensive Information Portal by 6 p.m. on the 22nd of next month.

Director Lee Jeong-han said, "We expect that the W-Startup Package Support Project will activate technology startups by prospective women entrepreneurs and women startup companies," adding, "We will provide full support so that women entrepreneurs can grow into women business owners."

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