Young 'Localler' Breathes New Life into Busan Yeongdo! ... Busan City Supports Local Creator Startups

Busan City Hall.

[Asia Economy Yeongnam Reporting Headquarters Reporter Hwang Du-yeol] Busan City held a launch ceremony for the youth local creator 20 teams and youth startup support project at Busan Station Eurasia Platform on the 16th, and will begin full-scale startup support.

In May, the city recruited candidates for the ‘Yeongdo-gu Customized Youth Local Creator Startup Support Project’ and, after internal screening, selected a final 20 teams on the 31st of last month.

Among the 20 final selected local creators, 13 are prospective entrepreneurs, 7 are existing entrepreneurs with less than 7 years of experience, and 8 teams reside in Yeongdo-gu.

A brief look at the startup ideas of the 20 local creator teams shows diverse and creative ideas such as ▲ an outdoor photo studio capturing the unique atmosphere of Yeongdo ▲ handmade pet snacks using Yeongdo specialties ▲ operation of clothing, products, and showrooms inspired by Yeongdo symbols ▲ digital content production using Yeongdo local characters ▲ and space reorganization utilizing empty rooftops and idle spaces in Yeongdo.

The city will support up to 54 million KRW per team over three years and operate systematic education on successful business models in connection with the incubation partner company (Local Specialist) ‘CryptonX’’s nurturing program.

Through the support project, the city expects to discover latent content in Yeongdo, foster future-oriented youth startups that enhance value, improve residential conditions in Yeongdo-gu, and serve as a starting point to revitalize the region.

Gomi-ja, Director of the Youth Industry-Academy Startup Bureau of Busan City, said, “We will spare no active support so that the project strengthens the local business base of Yeongdo-gu and Yeongdo can rise as a sanctuary for local creators.”

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