Yongsan-gu, Final Selection of New Resident Companies at Youth Startup Support Center

Last month, new tenant companies were recruited, and on the 20th, 12 companies were finally selected... After the first document evaluation and second presentation evaluation of the overall business plan... 10 companies assigned to private rooms and 2 to open spaces, mostly in the IT sector... Receiving startup space and various support, with free access to various auxiliary facilities

Yongsan-gu, Seoul (District Mayor Park Hee-young) has recruited new tenant companies for the 2024 Yongsan Youth Startup Support Center and selected a total of 12 companies on the 20th.

The selection was made through a first document review and a second presentation evaluation of companies that applied from November 14 to 27, resulting in the selection of new tenant companies.

In particular, the independent rooms composed of individual workspaces showed a high competition rate, with 58 companies applying for 10 available spots.

For the independent rooms (2-person and 4-person rooms), 10 companies including Deep & Grow, Dipin Art, Eco Cow, Juice E&E, Supoon, Binary Bot, Why Not, Wishst, Bambit, and Mind VR were selected, while two companies, Cell Partner and In Maison Mutz, were assigned to the open space.

Among the 12 companies selected this time, except for one food manufacturing company and one fashion company, the remaining 10 companies are in the IT sector, highlighting the youth's preference for startups in the IT field.

The new tenant companies can move into the startup space at a low cost for one year, receive support for various startup support programs and management fees, and freely use ancillary facilities such as meeting rooms, training rooms, and community spaces. The tenancy period is one year and can be extended up to two years through a renewal review.

Park Hee-young, Mayor of Yongsan-gu, said, "Congratulations on moving into the Youth Startup Support Center in 2024, and we expect a synergy effect among tenant companies," adding, "We will actively support the startups of young people who will be responsible for the future of our country."

Meanwhile, the Yongsan Youth Startup Support Center (17 Seobinggo-ro, Yongsan-gu), which opened in 2020, is jointly operated by Yongsan-gu and Sookmyung Women's University Campus Town Project Group, supporting the growth foundation of prospective startup teams and early-stage startup companies in the region.

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