Dong-Eui University Startup Incubation Center Resident Companies Contribute to Revitalizing the Local Economy

Dong-Eui University (President Han Su-hwan) Startup Incubation Center (Director Park Young-do) announced that its resident company, H-B Tech (CEO Lee Jun-gang), was selected as an outstanding startup company at the ‘2023 Startup Incubation Performance Presentation’ hosted by the Busan-Ulsan Startup Incubation Center Association (BUBIA) on the 14th at Busan Nongshim Hotel, and received a commendation from the Busan Regional Small and Medium Venture Business Administration.

Dong-Eui University Startup Incubation Center HB Tech. (Jo Bu-sik, Manager of Growth Support Division, Busan Regional Small and Medium Venture Business Administration, Lee Jun-gang, CEO of HB Tech)

Dong-Eui University Startup Incubation Center HB Tech. (Jo Bu-sik, Manager of Growth Support Division, Busan Regional Small and Medium Venture Business Administration, Lee Jun-gang, CEO of HB Tech)

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H-B Tech was recognized for its contribution to revitalizing the local economy by developing eco-friendly biodegradable grease. The company is currently developing new products after receiving flame-retardant low-density compound technology transferred from Dong-Eui University Technology Holdings in September 2022.


CEO Lee Jun-gang said, “I am pleased to have achieved good results through continuous research and development supported by the startup programs of Dong-Eui University Startup Incubation Center. Taking this award as an opportunity, we will strive to build a win-win ecosystem for local startup companies and further promote startup activities in the Busan and Ulsan regions.”



Additionally, Park Young-do, Director of Dong-Eui University Startup Incubation Center, stated, “In April this year, Dong-Eui University Startup Incubation Center was selected as the lead institution for the ‘2023 Startup Incubation Center (BI) Capacity Enhancement Support Project’ supported by the Korea Business Incubation Association. We are operating support programs for technology, commercialization, and capacity building to revitalize the businesses of resident companies. Through Dong-Eui University’s specialized resident company support programs, we will work to resolve companies’ difficulties while contributing to the development of the local startup ecosystem and revitalization of the regional economy.”


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

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