UNIST Receives 50 Million Won Donation from Heating Square... "Supporting Startup Promotion"

Startup Founder Becomes a Donor
Heating Square Donates 50 Million Won to UNIST to Support Startup Ecosystem

On June 9, UNIST (President Park Jongrae) received a development fund donation of 50 million won from Heating Square (CEO Park Junsung).

Park Jongrae, president of UNIST (right), and Park Junsung, CEO of Heating Square, are posing for a commemorative photo at the donation ceremony for the development fund. Photo by UNIST

The donation will be used to promote startup activities at UNIST.

The donation ceremony was held at the university headquarters. Attendees included Park Junsung, CEO of Heating Square; Park Jongrae, President of UNIST; Jung Woongyu, Head of the Development Fund Operation Team; Kim Youngsik, Head of the Industry-Academia Cooperation Group; and Han Taegyu, Head of UNIST Technology Holdings.

Heating Square is the only domestic startup specializing in high-performance photo process ceramic heater technology, established in April last year.

In July of the same year, the company filed a patent for a semiconductor photo process ceramic heater. In November, it was selected for the Startup Growth Technology Development Project (TIPS, 700 million won), rapidly gaining recognition for its technological capabilities.

Park Jongrae, President of UNIST, stated, "I am grateful for your difficult decision during challenging times," and added, "The development fund will be actively used to foster and support outstanding startups like Heating Square."

Park Junsung, CEO of Heating Square, said, "I wanted to support UNIST's efforts to create a startup-friendly environment in the Ulsan region," and added, "Heating Square will grow into a company that replaces Japan's technological monopoly and sets new industrial standards."

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