Dongseo University Selected as Startup Incubator for Idea Commercialization Support Project

As Part of Dongseo University LINC 3.0 Project Group's Content Initiatives

VR and AR Startup-Focused Pre-Entrepreneur Support Program

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

DSU 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 field, as well as creating a pre-entrepreneurship ecosystem through commercialization and startup support.

Over the past three years, Dongseo University has secured eight projects related to startup support from local governments and central ministries, 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 field from April 5 to April 26, select 10 teams, and support them until the end of November with startup incubation programs such as entrepreneurship education, dedicated mentors, business model advancement, and MVP production.

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

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

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