by Kim Yongu
Published 13 Sep.2021 16:31(KST)
Updated 11 Aug.2025 10:31(KST)
[Asia Economy Yeongnam Reporting Headquarters Reporter Kim Yong-woo] A hackathon competition to discover startup ideas in the domestic port sector is reaching its final stage.
Busan Port Authority (BPA) announced on the 13th that eight teams have been selected for the finals of the "3rd Four Port Authorities Startup Idea Discovery Hackathon," jointly promoted by four domestic port authorities including Yeosu Gwangyang, Ulsan, and Incheon.
A total of 32 teams from across the country participated in this hackathon. Among various themes, startup ideas related to the Marine Digital New Deal and Green New Deal, aligned with the Korean New Deal policy promoted by the government, were predominant.
The eight teams finally selected will receive comprehensive mentoring on their startup items through consultations with industry practitioners in marine, port, logistics, and startup-related experts.
The final competition will be held both online and offline on October 6, and the final winning teams will be determined by combining scores from professional judges and a citizen evaluation panel.
Prizes totaling 11 million KRW will be awarded, including 5 million KRW for the grand prize, 3 million KRW for the gold prize, 2 million KRW for the silver prize, and 1 million KRW for the bronze prize, along with various support benefits.
The winning teams will receive various follow-up support such as startup funding, office space, and mentoring after review by each port authority.
© The Asia Business Daily(www.asiae.co.kr). All rights reserved.