“Young People, Come On!”... Hit the Jackpot in Yeongcheon, the No.1 City for Youth Startups

Systematic Education and Consulting Provision with Step-by-Step Support

Yeongcheon City in Gyeongbuk held an opening ceremony for the 'Youth Startup Support Center' on the 9th to support youth entrepreneurship.

The Yeongcheon Youth Startup Support Center was established to assist young people with excellent local business ideas in starting their ventures.

Yeongcheon City held an opening ceremony for the "Youth Startup Support Center" on the 9th to support youth entrepreneurship.

The center, created as part of the Wansan-dong Urban Regeneration New Deal project, was built with a total investment of 6.4 billion KRW, including 4.5 billion KRW in national funds, 600 million KRW in provincial funds, and 1.3 billion KRW in city funds. It is a five-story building located around Wansan Jungang-gil.

The first floor will be used as a parking area, the second and third floors will serve as the Yeongcheon Senior Club, and the fourth and fifth floors will be utilized as the Youth Startup Support Center.

Since the end of April, applications for youth startup resident companies have been accepted and reviewed, and currently, eight young (prospective) entrepreneurs have been selected and are preparing to move in.

Going forward, the center plans to provide systematic support through various stage-based youth startup programs such as the Byeolbyeol Youth Startup Competition, Youth Startup Academy, and Growth Plus Support Project.

Mayor Choi Ki-moon stated, “Since youth are the hope for regional development, we ask for the citizens’ great interest and support to continuously provide information and opportunities and to minimize startup risks as much as possible.”

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