Gyeongsangnam-do is creating a common name to call regional startup hubs.


On the 17th, Gyeongnam Province announced that it will hold a naming contest for the regional startup hubs selected through a government public offering project to expand the local startup infrastructure.


Green Startup Town, the Startup Hub in the Western Region of Gyeongnam. <br>[Image provided by Gyeongnam Provincial Government]

Green Startup Town, the Startup Hub in the Western Region of Gyeongnam.
[Image provided by Gyeongnam Provincial Government]

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According to the province, this contest aims to establish a common name for startup cluster facilities and is being promoted to differentiate and brand Gyeongnam startups from other regions.


The creation of regional startup hubs is a key project of Gyeongsangnam-do’s 8th term administration to create a startup environment where local entrepreneurs can settle and grow without migrating to nearby metropolitan areas such as the Seoul metropolitan area.


Facilities such as business incubation rooms, collaboration spaces for startup companies, domestic and international investors, startup support organizations, education and meeting rooms, IR (Investor Relations) spaces, and rest areas will be established.


Startup Hub for Young Entrepreneurs in the Eastern Region of Gyeongnam. <br>[Image provided by Gyeongnam Provincial Government]

Startup Hub for Young Entrepreneurs in the Eastern Region of Gyeongnam.
[Image provided by Gyeongnam Provincial Government]

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The naming contest targets the three regional startup hubs selected in May by the Ministry of SMEs and Startups public offering project: the Green Startup Town in the Western region, the Youth Startup Academy in the Eastern region, and the Campus Innovation Park in the Central region, as well as the Seoul metropolitan investment hub facility.


The name should be easily associated with Gyeongnam’s startup support facilities (spaces) and be familiar to everyone.


Submissions can be made in either Korean or English, and applicants must write the proposed name and its meaning on the application form.


The contest period is from the 17th of this month to August 2nd, and any resident of the province can participate through the Gyeongnam Province website.


Gyeongnam Central Region Startup Hub Campus Innovation Park. <br>[Image provided by Gyeongnam Provincial Government]

Gyeongnam Central Region Startup Hub Campus Innovation Park.
[Image provided by Gyeongnam Provincial Government]

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The province will select the final name through preliminary screening, evaluation based on five criteria, and review by a selection committee composed of experts.


The winning entries will be announced on the provincial website in August, and prizes will be awarded for the grand prize, excellence, and encouragement categories.



Lee Jae-hoon, head of the provincial startup support group, said, “We hope for active interest and participation so that a name that is easy for everyone to understand and reflects the characteristics of Gyeongnam can be selected. We will do our best to steadily promote the regional startup hub creation project, utilize the local startup infrastructure, and make Gyeongnam the best city for startups nationwide.”


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

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