"Giving Wings to Successful Startups"... Recruitment of Resident Companies at Jungnang Startup Support Center

Recruitment of Independent and Shared Office Tenants from the 20th to January 3, 2025
Up to 5 Years of Occupancy Possible... Various Customized Support Provided

Jungnang-gu (Mayor Ryu Kyung-gi) is recruiting new tenant companies for the Jungnang Startup Support Center from the 20th until January 3, 2025.

Opened in January 2022, the Jungnang Startup Support Center discovers promising startup companies leading the 4th Industrial Revolution era and provides customized support and office space to help early-stage startups grow stably. In this recruitment, a total of 17 companies will be selected: 2 companies for independent offices and 15 companies for shared offices.

The independent offices are individual spaces of about 20㎡, with a lease period renewable annually for up to 5 years. The shared offices are approximately 250㎡ spaces used jointly by multiple companies, with extensions possible for up to 3 years after moving in.

The recruitment targets are companies within 7 years of establishment or prospective entrepreneurs as of the announcement date, and companies from various industries including manufacturing, technology services, and content sectors can apply.

Especially, companies in innovative technology fields such as Artificial Intelligence (AI), Extended Virtual Worlds (Metaverse), and Internet of Things (IoT) are given preferential treatment. Additionally, young entrepreneurs under 39 years old, persons with disabilities, women-owned businesses, companies headquartered in Jungnang-gu, or residents of Jungnang-gu are also eligible for preferential conditions. However, those with debt defaults or overdue national/local taxes are restricted from moving in.

Tenant companies can also receive various supports necessary for business operation and growth, including ▲facility support (meeting rooms, filming rooms, various startup equipment) ▲expert consultations (legal, accounting, patents, etc.) ▲business plan coaching and networking support ▲linkage to government policy funds, among other systematic support programs.

Companies wishing to apply should complete the application form and business plan and submit them via email or visit the Jungnang Startup Support Center in person. The final tenant companies will be announced on February 7, 2025, after document and interview evaluations. More detailed information can be found in the announcement and notice section on the Jungnang-gu Office website.

Mayor Ryu Kyung-gi of Jungnang-gu said, “I hope many companies successfully establish themselves through the Jungnang Startup Support Center and grow into the center of the local economy,” adding, “We will actively support entrepreneurs with creative ideas to freely challenge and grow.”

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