Hana Financial Signs MOU with Kyung Hee University to Provide Full-Cycle Support for Young Entrepreneurs

Hana Social Venture University Launches Fifth Cohort
Comprehensive AI-Based Startup Support Across All Stages
Huh Young-joo: "Supporting Regional Economic Revitalization Through the Growth of Young Entrepreneurs"

Hana Financial Group and Kyung Hee University are launching comprehensive support for all stages of the startup process—from education to commercialization and attracting investment—with the goal of nurturing and discovering regional youth entrepreneurs. Through this initiative, they aim to establish a virtuous cycle in which the growth of young entrepreneurs leads to revitalization of the local economy.

Hab Youngjoo, Chairman of Hana Financial Group (right), is taking a commemorative photo with Kim Jinsang, President of Kyung Hee University, after signing the 'Business Agreement for Revitalizing Local Youth Entrepreneurship' on the 7th. Provided by Hana Financial Group

On May 8, Hana Financial Group announced the recruitment of the fifth cohort for its "Hana Social Venture University," a program designed to discover and nurture young entrepreneurs. This flagship social value creation initiative partners with major universities nationwide to provide hands-on startup education, identify regionally specialized business items, and foster entrepreneurial talent who will settle and contribute to their local communities.

The fifth round of the program, which officially begins with a business agreement with Kyung Hee University, will select a total of approximately 1,500 aspiring entrepreneurs from 30 universities nationwide. The program notably strengthens its support system for all stages of entrepreneurship—from idea validation to actual commercialization and investment attraction—by focusing on AI-based startup education.

First, to address the challenges early-stage entrepreneurs face in validating ideas and commercializing their businesses, the program will introduce practical, AI-driven education and provide verification solutions to help participants bring their ideas to fruition.

In addition, the initiative will support young entrepreneurs struggling to break into the initial market by helping them establish both online and offline sales channels. This will include access to regionally specialized offline retail channels and domestic and international online distribution platforms. A consultative body among participating universities will be formed to facilitate expert networking opportunities by region, and mentorship will be provided by successful local entrepreneurs.

Furthermore, legal advisory and investment consulting services will be offered to strengthen follow-up support related to fundraising. The goal is to ensure the program goes beyond simple education and leads to tangible results that can drive the local economy.

Huh Young-joo, Chairman of Hana Financial Group, stated, "We want to take the lead in creating an entrepreneurial environment where local youth can fully demonstrate their capabilities and creativity, even in rapidly changing market conditions. We will spare no effort in supporting the challenges and growth of young people to establish a virtuous cycle that revitalizes regional economies."

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