Small Enterprise and Market Service Strengthens Regional Development Cooperation with RISE Universities

Launch of the 'Small Enterprise and Market Service × Local University RISE Council'

The Small Enterprise and Market Service announced on the 15th that it held the inauguration ceremony for the Local University RISE Council, officially launching the 'Small Enterprise and Market Service × Local University RISE Council' with the participation of 24 universities.

The inauguration ceremony, held on the 12th, was part of the 'RISE System Linked Business Agreement' signed with the National Research Foundation of Korea in July. The event aimed to lay a practical foundation for regional innovation and development, focusing on revitalizing local commercial districts, supporting the mutual growth of small businesses, and fostering young local talent.

At the 'Small Enterprise and Market Service × Local Universities RISE Council' launch ceremony held at the Small Enterprise and Market Service headquarters in Daejeon on the 12th, Chairman Park Seonghyo is giving a greeting. Small Enterprise and Market Service

RISE (Regional Innovation-centered University Support System) is a project that delegates and transfers administrative and financial authority for university support to local governments, promoting the joint growth of regions and universities through strategic support linked to regional development. The National Research Foundation of Korea serves as the central RISE Center, supporting regional RISE Centers across the country.

At the inauguration ceremony, the Small Enterprise and Market Service signed business agreements with the RISE project teams of 24 universities. The parties agreed to further expand their cooperation system by operating regular working-level councils, discovering outstanding local small businesses, and providing joint support.

With the launch of this council, the Small Enterprise and Market Service plans to operate regular regional working-level councils and hold a performance-sharing workshop in the first half of next year. Chairman Park Seonghyo stated, "The cooperation between the Small Enterprise and Market Service and local universities will play a significant role in addressing the issue of regional extinction. The Small Enterprise and Market Service and RISE universities will drive innovation for small businesses and commercial districts, increase youth employment, and contribute to revitalizing the local economy."

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