Minister Lee Young: "The New Growth Engine 'Women Entrepreneurs' Must Be Activated for the Future of the Korean Economy"

Attending Women CEO Management Training... Keynote Speech
"Must Prepare for the Era of Digital Transformation"

Minister Lee Young, Ministry of SMEs and Startups. / Photo by Hyunmin Kim kimhyun81@

[Asia Economy Reporter Kim Bo-kyung] "The Korean economy has a future in the global market only if we activate new growth engines centered on small and venture businesses and women."

Lee Young, Minister of SMEs and Startups, empowered women entrepreneurs by attending the 'National Women CEO Management Training' held on the 26th at the Ulsan Exhibition & Convention Center (UECO).

Hosted by the Korea Women Entrepreneurs Association, this event was held under the theme "The Era of Great Transformation for 3 Million Women Entrepreneurs," with over 1,000 women CEOs of small and medium enterprises nationwide participating. It was organized to strengthen the management capabilities of women CEOs and foster harmony among them amid changing domestic and international business environments.

In his keynote speech, Minister Lee emphasized, "To overcome the crises faced by 3 million women entrepreneurs, including small, venture, and micro-businesses, and to innovate and grow, we must prepare for the era of digital transformation."

He specifically mentioned support for global networking and overseas expansion of ventures and startups, fostering entrepreneurial micro-businesses, spreading future-oriented smart factories, and creating a fair trading market through a payment linkage system.

Minister Lee stated, "In addition to the large corporations and male-centered culture, activating new growth engines based on small and venture businesses and women is essential for the Korean economy to have a future in the global market."

He continued, "Women entrepreneurs have changed the world through delicate insight and empathetic management," adding, "They will be the main players in making Korea a leading digital economy nation."

He also noted, "For women entrepreneurs to qualitatively leap forward, it is time for changes and innovations in policies supporting and nurturing women-owned businesses."

He promised, "Beyond traditional support methods, it is necessary to prepare business plans that can transform and innovate the nature of women-owned businesses. The Ministry of SMEs and Startups will prepare growth plans for women entrepreneurs and provide support."

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