Iksan City in Jeonbuk will hold the "2025 Youth Startup Support Project Performance Sharing Meeting" at the Youth City Hall on the 12th, where it will share the achievements of its startup support initiatives with young people.


According to the city on December 10, this performance sharing meeting will include presentations of exemplary startup company cases, a special lecture by Park Yongjun, CEO of Samjin Fish Cake, a TIPS-linked investor briefing session (IR pitching), and guidance on next year's startup support projects. It is expected to provide young people with practical startup information and an opportunity to consider their growth direction.

Iksan City in Jeonbuk will hold the "2025 Youth Startup Support Project Performance Sharing Meeting" at the Youth City Hall on the 12th.

Iksan City in Jeonbuk will hold the "2025 Youth Startup Support Project Performance Sharing Meeting" at the Youth City Hall on the 12th.

View original image

Since 2023, the city has steadily expanded its support for youth startups using the Local Extinction Response Fund, discovering and nurturing young entrepreneurs and increasing policy effectiveness by linking with startup support projects from the Ministry of SMEs and Startups.


Since last year, the city has produced companies that have attracted investment and been recommended for TIPS, establishing itself as a model case for youth startup policies.


The city has also achieved results in attracting young people to the region and helping them settle down. From 2023 to this year, a total of 133 young entrepreneurs received support, and among them, 55 moved to Iksan. This year alone, 14 out of 33 supported individuals newly settled in Iksan.


In addition, through the "Iksan-Style With-Local Youth Startup Support Project" and the "Youth Startup Accelerating Support Project," three companies this year each succeeded in attracting investments of 100 million won and were selected as TIPS recommendation candidates by the Ministry of SMEs and Startups.


TIPS is a private investment-led technology startup support program in which the private sector and the government work together to foster promising startups. When a private operator makes an initial investment in a promising startup, the government provides linked support for research and development (R&D) funding.


Furthermore, six companies were selected for various startup support programs from the Ministry of SMEs and Startups, such as the Youth Startup Academy, Early Startup Package, and Startup-Centered University, earning nationwide competitiveness.


The city plans to further strengthen support and vitalize the related ecosystem to create a city where young people can freely pursue their entrepreneurial dreams.


In particular, next year, the "Kium Space in Iksan" startup lounge operated by Jeonbuk Special Self-Governing Province will be established on the 5th floor of Iksan Youth City Hall. With collaboration between private investors and startup support organizations, the local startup ecosystem is expected to expand to the next level.



A city official stated, "We will realize the vision of 'Great Iksan, With Youth' through our policies, further expanding the environment where young people can freely start businesses and settle down," adding, "We will continue to provide strong support so that young people can become the main drivers of the region's future."


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