Dongseo University Selected as 'Startup Incubator for Idea Commercialization Support Program'

Dongseo University LINC 3.0 Project Group Operates 'VR/AR Startup Specialized Pre-Entrepreneur Support Program'

Dongseo University (President Jang Jeguk) has been selected for the 2024 Idea Commercialization Support Project Startup Incubation Institution competition, organized by the Korea Creative Content Agency. The university will receive 160 million KRW in funding until November this year to operate a 'VR/AR Startup Specialized Pre-entrepreneur Support Program.'

Dongseo University logo.

The Idea Commercialization Support Project, organized by the Korea Creative Content Agency, is a project aimed at discovering and nurturing ideas in the content sector, and supporting commercialization and startups to foster a pre-entrepreneur ecosystem.

Over the past three years, Dongseo University has secured eight local and central government projects related to startup support, receiving a budget of 4 billion KRW and nurturing 123 startup companies.

The newly selected 'VR/AR Startup Specialized Pre-entrepreneur Support Program' will recruit pre-entrepreneurs in the content sector from April 5 to April 26, select 10 teams, and provide startup incubation programs including entrepreneurship education, dedicated mentors, business model advancement, and MVP production until the end of November.

Professor Lee Hyundong of the Department of Computer Engineering, who is responsible for the project, stated, "Through supporting pre-entrepreneurs focused on content, which is a specialized field at Dongseo University, we will strive to develop the local content industry and create sustainable jobs."

Hwang Kihyun, Director of the Industry-Academic Cooperation Foundation and Head of the LINC 3.0 Project Group, said, "We will provide various support, including on-campus startup company residency, shared spaces, and shared equipment, to pre-entrepreneurs in VR/AR content so they can fully focus on technology development and commercialization."

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