Seobu Power and Hanseo University to Strengthen Cooperation for Creating Regional Startup Ecosystem

Chungnam and Jeonbuk Gunsan 200 Million Won Support

Korea Western Power signed a business agreement with Hanseo University on the 21st at its headquarters in Taean, Chungnam, to create a sustainable local startup ecosystem. Seo Gyu-seok, Executive Vice President of Korea Western Power (fourth from the right), and Kim Woong-yi, Director of Talent Development at Hanseo University (fifth from the right), along with other officials, are posing for a commemorative photo.

Korea Western Power signed a business agreement with Hanseo University on the 21st at its Taean headquarters to strengthen cooperation for creating a sustainable local startup ecosystem.

Korea Western Power and Hanseo University will support prospective entrepreneurs and startups and venture companies established within seven years in Chungnam and Gunsan, Jeonbuk, by assisting with idea commercialization, market expansion, and productivity improvement. The two organizations plan to invest more than 200 million KRW by the end of this year to help prospective entrepreneurs establish corporations (at least five), produce prototypes for startups and venture companies, file patents, designs, and utility models, recruit new employees, and promote their businesses.

Seo Gyu-seok, Vice President of Business at Korea Western Power, stated, "We will spare no effort to support local startups and venture companies in building self-sustainability and contributing to job creation," adding, "We aim to make this project a model case of mutual growth among public enterprises, educational institutions, and local economic actors."

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