Bank-University Collaboration Startup Support Project ... 'IBK ChangGong UNIST Camp' to be Held

UNIST Signs MOU with IBK Industrial Bank on the 26th

Joint Discovery and Support for Outstanding Prospective Entrepreneurs and Startups

At the IBK Changgong UNIST Camp MOU, the attendees (from left: Choi Young-rok, Dean of the Graduate School of Technology Management at UNIST; Lee Yong-hoon, President of UNIST; Yoon Jong-won, President of IBK Bank; Lee Sang-min, Head of IBK Startup Venture Support Department) are posing for a commemorative photo after signing the memorandum of understanding.

[Asia Economy Yeongnam Reporting Headquarters Reporter Kim Yong-woo] Ulsan National Institute of Science and Technology (UNIST) has signed a business agreement with IBK Industrial Bank of Korea to jointly discover and support outstanding prospective entrepreneurs and startups, and will operate the ‘IBK Industrial Bank Chang-gong UNIST Camp’.

Through this agreement, the two institutions have agreed to actively cooperate in discovering and supporting outstanding prospective entrepreneurs and startups with excellent ideas or technological capabilities.

The two institutions will jointly select technology-based startup teams, and the selected teams will receive various joint nurturing programs such as business diagnosis, team building, business model (BM) establishment, startup education, mentoring and consulting, IR, and a 1:1 dedicated mentoring system with senior companies from IBK Chang-gong at the ‘IBK Chang-gong UNIST Camp’ space prepared within UNIST.

President Lee Yong-hoon said, “Another stepping stone has been established for students with creative ideas to grow into innovative entrepreneurs,” and added, “We plan to continuously support young entrepreneurs at UNIST through this program and various startup programs operated by UNIST.”

Through attracting the IBK Chang-gong campus, UNIST plans to systematically support laboratory-based startups along with existing prospective and early-stage student and general public startup support programs such as the ‘Innopolis Campus Project’, and graduate students’ laboratory technology startup linkage support projects including the ‘Laboratory Startup Innovation Group Project’ and the ‘Laboratory Startup Leading University Project’.

‘IBK Chang-gong’ is a startup nurturing platform that supports financial and non-financial services such as investment, loans, consulting, and office space. The campus established within a university is the second after Seoul National University, with UNIST being the second.

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