Jungjingong Strengthens Cooperation with Private Operators to Foster Young Entrepreneurs

Agreement Signed with Private Operators of Six Regional Investment-type Youth Startup Academies

The Small and Medium Business Corporation (SBC) announced on the 9th that it held the ‘2025 Youth Startup Academy Investment-type Operator Agreement Ceremony’ at the Seoul Youth Startup Academy located in Yangcheon-gu, Seoul.

The agreement ceremony held on the 7th was attended by about 20 people, including Jo Han-kyo, Director of Human Resources Development at SBC, and representatives of private operators from six regional investment-type Youth Startup Academies. The investment-type Youth Startup Academy selects capable private startup planners (AC) as operators to focus on investment attraction programs.

Through this agreement, SBC and the six private operators of the investment-type Youth Startup Academies will collectively support various programs for local young entrepreneurs, including ▲basic education on investment attraction ▲in-depth coaching on business plans ▲composition of investment proposals ▲regional company promotion (IR) ▲investment attraction events and linkage support for policy funds.

Participants at the investment-type operator agreement ceremony of the Youth Startup Academy held on the 7th are taking a commemorative photo. Photo by Jung Jin Gong

During the subsequent on-site meeting, participants discussed ways to improve the commercialization success rate of local young entrepreneurs, support innovative growth into global companies, and revitalize the startup ecosystem.

The Youth Startup Academy, aiming to nurture innovative young entrepreneurs, first opened in Ansan in 2011 and is currently operating at 18 locations nationwide. Among these, SBC directly runs a global expansion package program at five locations, operates specialized programs for fostering regional key industries at seven locations, and collaborates with private professional operators to run investment attraction programs at six locations. SBC is recruiting the 15th batch of young entrepreneurs to enter the Youth Startup Academy by the 12th of this year.

Jo Han-kyo, Director of Human Resources Development at SBC, said, “We plan to actively utilize private sector expertise and further strengthen collaboration to provide investment attraction programs that align with the latest trends. We will expand support so that young entrepreneurs can contribute to regional economic development through the Youth Startup Academy, which is celebrating its 15th anniversary this year, and grow from startups into global companies.”

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