GIST Successfully Hosts Seminar for Prospective Entrepreneurs to Achieve Startup Success

[Asia Economy Honam Reporting Headquarters Reporter Park Jin-hyung] Gwangju Institute of Science and Technology (GIST) announced on the 3rd that the '2022 Preliminary Startup Package Support Project Education and Seminar,' co-hosted with partner organizations, was successfully concluded.

GIST supports physical and human resources to help commercialize startups by evaluating the excellence and commercialization potential of business items focused on technology using artificial intelligence in the D.N.A fields?Digital, Network, and Artificial Intelligence?which are specialized areas of the Preliminary Startup Package.

The ‘Startup Start Education’ for a total of 19 preliminary entrepreneurs selected for this year’s Preliminary Startup Package and GIST university students (graduate students) was conducted both online and offline on the 13th of last month, and ‘Finance and Credit Education’ necessary for startup commercialization was held non-face-to-face on the 19th and 20th.

This education received high praise from participants by subdividing into lecture and networking formats covering ▲finance education and credit management ▲fundraising using guarantees ▲value-added tax and comprehensive income tax ▲concretizing startup funding methods through seminars and networking among startup companies.

The Ministry of SMEs and Startups’ ‘Preliminary Startup Package’ support project provides practical startup support such as commercialization funding, startup education and mentoring, market linkage, and global expansion to facilitate smooth commercialization for preliminary entrepreneurs with innovative technology startup ideas.

Selected preliminary entrepreneurs receive an average of 50 million KRW through commercialization fund evaluation covering idea discovery, prototype production, intellectual property acquisition, and marketing, and are provided with close support services for all startup activities by assigning dedicated mentors who are startup and management experts through online and offline education.

Cho Byung-kwan, head of the Startup Promotion Center, said, “Despite the difficult times for startups due to the COVID-19 aftermath, we will play a guiding role to help preliminary entrepreneurs reduce trial and error and succeed quickly in starting their businesses.”

Meanwhile, as a follow-up education, the Preliminary Startup Package IR (specialized) education is scheduled to be held in mid-September.

The program will cover startup investment attraction strategies, strategy formulation through investment case analysis, and how to write investment reservation letters.

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