Sudokwon Landfill Site Management Corporation Partners with Incheon Public Institutions to Foster Youth Venture Businesses

The Sudokwon Landfill Site Management Corporation announced on August 4 that it had signed a business agreement for the implementation of the "2025 Youth Social Venture Business Development Project" at the main office of the Incheon Center for Creative Economy and Innovation in Songdo on August 1.

The agreement was hosted by the Incheon National University Startup Support Group, and participants included the Sudokwon Landfill Site Management Corporation, Incheon International Airport Corporation, Incheon Port Authority, Korea Environment Corporation, and the Korea Microcredit Joyful Union.

This agreement was established to jointly promote the "Youth Social Venture Business Development Project" with the aim of revitalizing the social economy in the Incheon area and creating jobs for young people.

Incheon National University Startup Support Group (from left), officials from Sudogwon Landfill Management Corporation, Korea Environment Corporation, Incheon Port Authority, and Incheon International Airport Corporation, along with representatives of companies selected for the "2025 Youth Social Venture Business Development Project," are posing for a commemorative photo. Sudogwon Landfill Management Corporation

This project will provide a variety of startup support programs for a total of eight participants, including young prospective entrepreneurs with startup ideas that can contribute to solving local issues in Incheon and early-stage companies within seven years of establishment.

In addition, if a company selected for this project hires a young person aged 34 or under who resides in Incheon, employment support funds of 2 million won per person per month (up to three people per company) will be provided until the end of the project using the Incheon Environment·Social·Governance (ESG) Coexistence Fund.

Song Byeongeok, President of Sudokwon Landfill Site Management Corporation, stated, "Together with the participating organizations, we will take the lead in spreading ESG management values and revitalizing the social economy."

Meanwhile, since 2020, the Sudokwon Landfill Site Management Corporation has formed the "Incheon Public Institution Innovation Network" with Incheon International Airport Corporation, Incheon Port Authority, and Korea Environment Corporation, and has been carrying out various collaborative projects to practice ESG management and promote regional coexistence.

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