Emart24 Signs MOU with University Cooperative to Support Youth Entrepreneurship

On the 22nd, at the Emart24 headquarters in Seongsu-dong, Seoul, Kim Jang-wook, CEO of Emart24 (right), and Lee Young-ae, Chairperson of the University Student Cooperative, are taking a commemorative photo.

[Asia Economy Reporter Jeon Jinyoung] Emart24 announced on the 23rd that it signed a Memorandum of Understanding (MOU) for 'Convenience Store Youth Startup Support' with the Korea University Student Cooperative Federation at the Emart24 headquarters' 3rd-floor conference room located in Seongsu-dong, Seoul. The university cooperative is a cooperative that operates welfare stores on campus with members such as students, faculty, and staff to promote welfare enhancement.

Through this MOU, Emart24 and the university cooperative agreed to participate in ▲providing work opportunities at Emart24 convenience stores and support to reduce startup burdens ▲holding convenience store startup briefings on campuses by university ▲promoting the Emart24 brand using the university cooperative’s infrastructure ▲and promoting collaborative projects to solve youth issues.

As a result of this collaboration, students and members recommended by the university cooperative will be able to work for one month at actual Emart24 directly operated stores to experience convenience store operations firsthand and consider starting their own convenience stores. Emart24 expects to secure young prospective managers in their 20s and 30s who are highly interested in convenience store startups.

Kang Inseok, Executive Director of Operations Planning at Emart24, said, “We have partnered with the Korea University Student Cooperative Federation to support and encourage the 20s and 30s generation interested in startups,” adding, “We plan to provide opportunities to experience convenience store operations in advance to offer practical help for youth convenience store startups.”

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