Nowon-gu, Recruiting Young Entrepreneurs for Shared Office Residency

Up to 2-Year Residency with Annual Rent Below Market Price and No Deposit
Applications Open Until June 14 for 2 (Prospective) Young Entrepreneurs; Final Selection Through Document and Interview Screening...Eligible Young Entrepreneurs (Teams) Aged 19-39 Living or Operating Businesses in Nowon-gu Can Apply

Nowon-gu, Seoul (Mayor Oh Seung-rok) announced that it is recruiting tenants for the youth shared office 'Cheongnyeon Doyak' to promote youth entrepreneurship.

'Cheongnyeon Doyak' is an office facility established in June last year, consisting of a total of three office spaces (6.95㎡~11.18㎡), a shared meeting room, and a lounge area.

Upon moving in, tenants receive support such as ▲rent cheaper than market price (approximately 550,000 KRW annually for Office Type A, approximately 340,000 KRW annually for Office Type C) ▲up to 2 years of occupancy upon renewal ▲no separate deposit required (however, tenants bear utility fees such as electricity and water) ▲provision of desks and chairs for 2-3 people, multifunction printers, internet lines, etc., allowing them to challenge entrepreneurship without burden.

"It is useful to be able to move into a clean and well-equipped shared office near the station," "I have been focusing on increasing sales compared to before, and stable sales come out every month. Sales have increased significantly after moving in, and there are many opportunities to collaborate with other entrepreneurs in the same industry."

These are the impressions of the youth entrepreneurs residing in the Nowon-gu youth shared office as they mark their one-year anniversary with the lease renewal approaching. The highly satisfactory youth shared office 'Cheongnyeon Doyak' is looking for new tenants this year.

The recruitment period is until June 14, and two teams of (prospective) youth entrepreneurs consisting of 1-2 people will be recruited. Applicants must have a representative aged 19 to 39, be a resident of Nowon-gu, or have a business location in Nowon-gu as of the announcement date.

For existing entrepreneurs, the corporation must have been registered within the last 3 years, and the final selected teams must register (or change) their business registration to Cheongnyeon Doyak as their address within one month of moving in.

Required documents include ▲application form and group introduction ▲consent form for collection, use, and provision of personal information ▲copy of ID ▲resident registration certificate ▲(for existing entrepreneurs) business registration certificate and national/local tax payment certificates issued after the announcement date.

After the application deadline, document screening and interviews will be conducted on June 21 for the applicants. The final successful candidates will sign contracts, with the contract period starting from July 1 for one year. Before the contract expires, extension reviews allow occupancy for up to 2 years.

The district plans to hold a pre-opening event for the shared office so that youth entrepreneurs can tour the space before applying. Youths interested in participating can apply by phone to the Youth Policy Division of Nowon-gu Office.

Oh Seung-rok, Mayor of Nowon-gu, said, "The youth shared office Cheongnyeon Doyak has received great response by reducing the burden of entrepreneurship for young entrepreneurs," and added, "We will continue to do our best to help young people achieve economic independence and create a Nowon where youth want to stay."

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