Climate tech startup Uisikju (CEO Tae-i Yoon) announced on the 18th that it has been designated as an official shared enterprise by the Seoul Metropolitan Government.
The Seoul Sharing Enterprise is a system run by the Seoul Metropolitan Government to evaluate and select enterprises that have contributed to solving social problems such as the economy, welfare, culture, environment, and transportation through sharing in order to vitalize the city's sharing economy.
In this designation, consciousness-based initiatives were highly evaluated for contributing to resource sharing and the establishment of a circular economy by regenerating urban waste resources such as discarded hotel bedding and industrial stock fabrics into high-density recycled felt material called 'Green Felt', and for promoting private-sector resource sharing activities through a circular upcycling model that shares waste as recycled resources.
Since being designated as a preliminary social enterprise by Seoul City in 2022 and certified as a social enterprise in 2024, Insikju has achieved many achievements, including winning the grand prize at the Ministry of Environment's Resource Circulation Best Practice Competition and the Korea Social Enterprise Promotion Agency Director's Award for the ESG Community Problem Solving X GKL On (溫) Support Project. Based on the development of sustainable textile materials, it is expanding into brand goods and consulting businesses through the lifestyle brand 'Mining Lab', and is continuing to collaborate with companies and public institutions on eco-friendly gift sets and ESG branding.
Yoon Tae-i, CEO of Siksimju, said, “We believe that the designation as a shared enterprise by Seoul City has confirmed the credibility of Siksimju’s technology-based circular economy model. We will faithfully fulfill our role as a shared enterprise that spreads the value of resource circulation together with citizens through activities such as sharing waste resource recycling technology and environmental education kits.”
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