Let's Rise Again! ... Gyeongnam Creative Economy Innovation Center Launches 'Gyeongnam-style Re-entrepreneurship Support'

An entrepreneur participating in the Gyeongnam-type Re-startup Support Project at the Gyeongnam Creative Economy Innovation Center is receiving mentoring.

[Asia Economy Yeongnam Reporting Headquarters Reporter Lee Seryeong] Gyeongsangnam-do and the Gyeongnam Creative Economy Innovation Center are set to actively promote the 2022 Gyeongnam-type Re-Startup Support Project.

The Gyeongnam-type Re-Startup Support Project provides business support, education, mentoring, and residential spaces for startup activities to re-entrepreneurs who plan to overcome setbacks and leap forward through promising technology startups after closure for various reasons, thereby offering opportunities for recovery and growth.

The center announced a recruitment call from late March to mid-May targeting prospective re-entrepreneurs and companies within three years of re-startup in the fields of technology startups and knowledge services with excellent ideas.

Requirements review and first-round evaluation were conducted on items such as business performance and marketability, and for the successful teams, the first phase of the customer-oriented innovation startup methodology (CORN) project for idea verification was carried out.

After completing the project, re-startup companies or teams underwent a second face-to-face evaluation based on criteria such as customer clarity and marketability, and five final teams were selected.

The center plans to provide the final selected teams with the second phase of the CORN project, a product and business verification program, along with mentoring to support the entire startup process to realize their actual ideas.

Business funds available for use, such as prototype production and marketing costs, will be supported up to a maximum of 15 million KRW per team.

A center official stated, “We will provide comprehensive support so that local startup companies can continuously challenge themselves, enhance their capabilities to the next level, and successfully recover.”

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