Chosun University Enactus 'Mayo' Team Wins 1st Place at Hyundai Marine & Fire Insurance Competition

Goals for Solving Social Issues Related to Food Waste

[Asia Economy Honam Reporting Headquarters Reporter Yoon Jamin] The Enactus Mayo team at Chosun University won first place at the Hyundai Marine & Fire Insurance competition.

According to Chosun University on the 16th, the Enactus (advised by Professor Park Jongcheol of the Business Administration Department) Mayo team (Lee Hyuntak, Chae Seungwon, Kim Gwanjin, Kim Jihye, Jang Seohui) recently took first place at the 11th Hyundai Marine & Fire Insurance Seed Program competition.

Enactus (Entrepreneurial. Action. Us.) is a global university alliance organization that fosters practical business leaders with social responsibility and ethics through partnerships with over 1,700 universities in more than 36 countries and leading global companies.

Currently, a total of 28 schools, including Chosun University, are participating in Korea, and Chosun University Enactus officially launched on July 26, centered around the 5th class of the character education program ‘Chosun Life Academy’ students.

In this contest, five schools nationwide, including Seoul National University, Korea University, Hongik University, and Chosun University, were selected as the final TOP 5 and made their final presentations.

The Mayo team was highly evaluated for developing a discount platform service to reduce food waste that is indiscriminately discarded due to the principle of having to dispose of products despite their sufficient value.

Through this project, they plan to solve the social problem of food waste in a situation where it has become difficult for small business owners to clear inventory due to COVID-19 and soaring prices.

They also plan to operate the discount platform service through SNS in cooperation with merchants and the commercial district near the back gate of Chosun University.

Meanwhile, Hyundai Marine & Fire Insurance’s Seed Program, an official sponsor of Enactus Korea, started in 2016 and holds competitions twice a year. Startups that have grown through this program include Dongguk University’s Goyohan Taxi, Seoul National University’s Dain/Kkeullim, Sungkyunkwan University’s Sodaran, Sookmyung Women’s University’s Dream Hanger, Chung-Ang University’s Monthly Market, and Hankuk University of Foreign Studies’ Gaeromanjok.

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