BNK Busan Bank Opens Recruitment for 7th Cohort of Startup Incubation Program 'Some Incubator'

'2022 SUM Incubator 7th Cohort'

[Asia Economy Yeongnam Reporting Headquarters Reporter Hwang Du-yeol] BNK Busan Bank announced on the 29th that it is recruiting the 7th batch of the regional startup nurturing program, ‘SUM Incubator’.

The recruitment target is companies established within 7 years as of the application deadline, and applications are open regardless of industry.

Applications must be submitted by 6 PM on the 16th, and after document screening and face-to-face evaluation, about 15 companies will be finally selected and announced in September.

The operation period of the 7th batch of ‘SUM Incubator’ is from October this year to April 2023.

Selected companies will be provided with independent office space free of charge on the 9th floor of the Judith Taehwa Building in Seomyeon, Busan, and various startup nurturing programs such as management consulting and one-on-one mentoring by experts will also be supported.

For early-stage companies, seed money investment attraction will be supported through accelerators and crowdfunding, and for excellent resident companies, BNK Financial Group will actively promote investment through funds it holds.

Detailed information about the recruitment, including the application form and required documents, can be found in the notices section on the Busan Bank website.

Busan Bank’s ‘SUM Incubator’ is a startup nurturing platform established in July 2019 to help local startups build successful business models and grow.

So far, a total of 82 companies from 6 batches have completed or are in the process of completion, and a total of about 14.2 billion KRW has been invested by BNK Financial affiliates and external investors.

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