Youth Entrepreneurship Heats Up ... Gyeongbuk TP Holds 'Gyeongbuk Youth CEO Startup Practical Training'

The Gyeongbuk Technopark Gyeongbuk Youth Startup Support Center held a practical entrepreneurship training session for 30 young CEOs participating in the '2024 Gyeongbuk Youth CEO Intensive and Fostering Project' over two days on the 21st and 22nd in Gyeongju.

Gyeongbuk Technopark is holding practical startup training for 30 young CEOs over two days on the 21st and 22nd.

This workshop aimed to help participants respond to market environments and establish comprehensive business strategies, including expert consulting necessary for attracting investment and expanding distribution channels. The program included ▲special lectures by experts ▲one-on-one customized consultations with experts ▲business plan writing and presentations of outstanding business plans ▲and networking among young CEOs.

The participating young CEOs were divided into groups according to their startup fields and items, analyzed the process of designing their own business models (BM) and growth stage roadmaps, and were assigned experts in investment, distribution, and commercialization as mentors for one-on-one customized consultations.

They also had time to redefine their business models by sharing improvements through practical business plan writing and feedback, and presenting outstanding business plans in groups.

Yeon Eungjun, CEO of Sejemall, who participated in this training, said, "It was a valuable opportunity to check whether our business operations are on the right track through advice from experts in distribution, marketing, and investment, which are essential for companies," and added, "Networking with other young CEOs helped build rapport and expand new business ideas."

Hah Inseong, Director of Gyeongbuk Technopark, said, "We will spare no effort in providing comprehensive support to discover promising young startups and foster innovative companies that can become representative enterprises of Gyeongbuk."

This support project currently being carried out by Gyeongbuk Technopark selects promising (prospective) young entrepreneurs from cities and counties and provides close support through a high-quality nine-month educational program. It is one of Gyeongbuk's representative support projects, aiming for successful startups by providing 15 million KRW in startup activity funds, operating competency enhancement programs, and offering expert mentoring. Since its opening in 2011, the Youth Center has nurtured more than 645 young CEOs to date.