Vitalizing the Local Economy and Creating Jobs Expected
An Average Annual Budget of 7 Billion KRW Supported by the Ministry of SMEs and Startups

Ando Geol, Member of the National Assembly.

Ando Geol, Member of the National Assembly.

View original image

Democratic Party lawmaker Ahn Dogeol (Gwangju Dongnam-eul) announced on the 25th that Chonnam National University has been newly selected for the 'Startup-Centered University Project' hosted by the Ministry of SMEs and Startups.


The Startup-Centered University Project was introduced to foster universities as hubs of startup innovation, playing a key role in supporting local startup companies and nurturing entrepreneurial talent. In particular, universities designated as startup-centered receive an average of 7 billion KRW annually from the Ministry of SMEs and Startups, which helps to activate startup-related education and investment connections, as well as strengthen the foundation for the growth of local startup companies.


With this selection, Chonnam National University will serve as a hub for the regional startup ecosystem and receive support in various areas, including startup company support, operation of entrepreneurship education programs, and expansion of startup infrastructure.


Representative Ahn stated, "During this year's government budget planning process, I did my utmost to ensure the inclusion of funds for the establishment and operation of a startup-centered university in the Honam region. In particular, by working together with Gwangju City Hall and university officials to develop the project plan, and by holding policy consultations with central government agencies such as the Ministry of SMEs and Startups and the Ministry of Economy and Finance, we actively persuaded them of the need for a startup-centered university, ultimately securing the necessary budget."


Representative Ahn also emphasized, "I will do my best to ensure that Chonnam National University, as a newly designated startup-centered university, discovers and supports promising companies in the Honam region, contributing to revitalizing the local economy and creating jobs. I hope the university will take the lead in nurturing entrepreneurial talent and innovative startups by closely cooperating with other local universities while serving as a hub for the regional startup ecosystem."





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

© The Asia Business Daily(www.asiae.co.kr). All rights reserved.

Today’s Briefing