Boryeong City Provides Up to 20 Million KRW Support for Startup Youth
Up to 13 Teams Selected at Youth Startup Competition on the 25th
Boryeong City in Chungnam announced on the 8th that it will provide up to 20 million KRW in business and operating funds to young entrepreneurs starting their first business.
Since March 25, the city has conducted a two-week youth entrepreneurship training program aimed at strengthening the capabilities of young entrepreneurs and exploring commercialization strategies.
The main topics included Boryeong City market outlook, entrepreneurship, Lean + Design Thinking, local branding, MVP development, Chat GPT and startups, education by startup sector, business plan writing, and marketing strategies.
On the 25th, the city plans to select up to 13 teams through a youth startup competition and provide facility and operating funds ranging from 1 million KRW to a maximum of 20 million KRW.
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Mayor Kim Dong-il stated, “Through this startup education, we will spare no effort to support young people who have concretized their startup ideas to grow into sound companies that drive our city’s industry.”
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