Goheung-gun, Discovering Young CEOs, Supporting Startup and Growth

Establishing a Self-Sustaining Foundation for Young Entrepreneurs, Driving Job Creation

[Goheung=Asia Economy Honam Reporting Headquarters, Reporter Shim Jeong-woo] Jeonnam Goheung-gun (Governor Gong Young-min) and Jeonnam Creative Economy Innovation Center (Director Jeong Young-jun) announced on the 8th that they signed a mutual agreement with the selected candidates of the "Goheung-gun Youth Startup Challenge Project" at Goheung Cheongchun Nuri (Youth Center) to support ideas of prospective young entrepreneurs and establish a startup foundation.

This project supported a total of 17 people from 2019 to 2021 with 205 million KRW, contributing to preventing the outflow of local youth and attracting young entrants through new startups and job creation.

The selected candidates this time are prospective and early-stage young entrepreneurs who hope to start a business with creative ideas utilizing local resources. From June 29 to July 1, over 2 nights and 3 days, they underwent startup education including cyclical learning theory for entrepreneurs, business plan establishment, discovery of profit models, and customized business plan writing, followed by presentation evaluations. Eight people were finally selected.

The selected prospective entrepreneurs will receive startup support funds up to 18 million KRW per person. Among them, Yu * Hee, who received the highest evaluation, plans to actively participate in youth-led startups and regional economic revitalization by creating a healing space called "Jjimjil Cafe," a business idea combining jjimjil (Korean sauna) and cafe, where customers can experience health drinks, jjimjil, and massage all in one place.

Governor Gong Young-min said, "We will continuously discover and promote various customized youth support projects for local youth to establish a self-sustaining foundation such as creating a future ecosystem of youth-led startups and create a virtuous cycle structure where good jobs are created by sparing no administrative and financial support."

Meanwhile, Goheung-gun is promoting various youth support policies such as 'support for youth employment, startups, and follow-up programs, customized consulting support projects for early startup companies, job creation suited to local characteristics such as village and social enterprise cultivation,' 'support for youth CEO marketing activation,' 'support for youth business succession,' and 'settlement support for young farmers and fishermen.'

Goheung=Asia Economy Honam Reporting Headquarters, Reporter Shim Jeong-woo hss79@asiae.co.kr

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