Changjinwon Collaborates with Procurement Education Institute for Startup Public Market Entry... Expecting Market Expansion

[Asia Economy Reporter Kim Bo-kyung] The Korea Institute of Startup & Entrepreneurship Development and the Procurement Training Institute signed a business agreement on the 22nd to join forces in supporting startups' entry into the public market through procurement education and mentoring support.

Under this agreement, the Procurement Training Institute will provide market-specific customized education, such as entry into public shopping malls, to startups recommended by the Korea Institute of Startup & Entrepreneurship Development. The Korea Institute of Startup & Entrepreneurship Development will take charge of the overall operation and management of the program, including establishing regional operation plans and recruiting startup companies.

Kim Yong-moon, President of the Korea Institute of Startup & Entrepreneurship Development, stated, "We will strive to enhance the effectiveness of the 'Priority Purchase System for Startup Company Products by Public Institutions,' which has been fully implemented since last year, and to strengthen support programs through collaboration with related organizations to facilitate startups' smooth entry into the public market."

Na Seok-young, President of the Procurement Training Institute, said, "Through practical operation methods necessary for entry into various public sales channels such as multiple supplier contracts and Venture Nara operated by the Public Procurement Service, we will support startup companies to easily access the procurement market and secure sales channels."

According to the agreement, the two organizations plan to operate a total of 12 customized procurement education sessions regionally for startup companies starting next month.

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