The Ministry of SMEs Supports the Success Stories of Young Small Business Owners

'2023 Youth Day' Commemoration
Youth Policy Lounge · Youth Week Event Operation

The Ministry of SMEs and Startups (Minister Lee Young) announced on the 14th that it will participate in the '2023 Youth Day Commemoration Event' hosted by the Office for Government Policy Coordination and Busan City in celebration of Youth Day, a legal commemorative day. Youth Day, which falls on the third Saturday of September, is a legal commemorative day designated to communicate with youth and build social consensus on youth policies, marking its second year this year following last year.

The event consists of three parts: ▲ the 'Youth Day Commemoration Ceremony' marking the start of the event ▲ the 'Youth Policy Lounge' introducing government youth policies including those of the Ministry of SMEs and Startups ▲ and the 'Youth Week Events' held nationwide. In particular, this year the Ministry of SMEs and Startups operated a live commerce session as part of the Donghaeng Festival at the 'Youth Policy Lounge,' selling seaweed, red snow crab, and live shrimp?marine products from our seas produced by young small business owners?via live broadcast on site. This was made possible by a proposal from Lee Seok-ho, a youth advisor at the Ministry of SMEs and Startups.

Photo by Getty Images Bank

Additionally, a counseling booth was operated where senior entrepreneurs directly listened to and shared experiences with young people aspiring to start businesses. Various events such as 'Wish Balloon Writing' and 'Air Ball Drawing' were organized to attract the interest and enthusiasm of attendees.

The Ministry of SMEs and Startups plans to actively communicate with youth by holding 35 events nationwide during Youth Week from the 16th to the 20th, focusing on major youth projects such as startup-centered universities and the Youth Startup Academy. In particular, startup-centered universities will pilot open programs for startup companies to local youth to expand youth participation.

Minister Lee Young said, "This event served as an opportunity to meet and communicate directly with youth and to promote the Ministry of SMEs and Startups’ policies," adding, "We will continue to carefully review and design policies so that our youth, who are the future of the national economy, can realize their dreams."

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