The Busan Creative Economy Innovation Center (CEO Yongwoo Kim, hereinafter referred to as Busan Changgyeong) announced that it will hold the '8th Meteorological and Climate Tech Startup Idea Contest' from April 23 to June 5 in cooperation with the Busan Regional Meteorological Administration (Director Eunjung Lee), Pusan National University Industry-Academia Cooperation Group (Director Jeongeun Kang), and Dong-eui University RISE Business Group (Director Imgeon Lee). This contest is held in cooperation with the Korea Meteorological Administration, Korea Agricultural Technology Promotion Agency, Korea Institute of Ocean Science and Technology, Busan Intellectual Property Center, and Kookje Newspaper.
The Busan Regional Meteorological Administration has been holding a contest since 2018 to discover aspiring entrepreneurs and early-stage startups with diverse and excellent ideas related to weather and climate, and to contribute to the creation of related jobs.
This contest is open to proposals from all fields, including ideas for adapting to a changing climate or responding to hazardous weather, products or services that help reduce greenhouse gases, and lifestyle convenience services that utilize weather and climate information. It will be divided into ‘prospective entrepreneurs’ and ‘start-ups’ that have been in business for less than 7 years.
The application period is from May 12 to June 5. Applications can be received through the notice boards on the websites of each hosting organization, including the contest integrated management system and the Busan Regional Meteorological Administration, and then filled out and submitted via e-mail (changup@deu.ac.kr).
The winning team will be selected as the grand prize (1 team) and excellence prize (3 teams) in each category through the first (document) and second (presentation) evaluations, and a total of 8 teams will be awarded prize money of 16 million won along with the Korea Meteorological Administration Director Award and Busan Changgyeong CEO Award in early August. The winning works will be provided with various benefits such as expert mentoring, support for startup planning, patent application, and prototype production. In addition, excellent winning companies will be provided with promotional opportunities for related organizations, industry officials, and citizens.
Eun-Jeong Lee, head of the Busan Regional Meteorological Administration, said, “As the local startup market is shrinking, I hope that this ‘Weather and Climate Tech Startup Idea Contest’ will provide an opportunity for local weather and climate-related startups with high growth potential to make a leap forward.”
Busan Changgyeong CEO Yongwoo Kim said, “The center has been working hard to discover and foster local startups through competitions since its participation in 2020,” and added, “This year, we will actively strive to fulfill our role as a public accelerator to revitalize the startup ecosystem.”
- See more related articles
You must be logged in to post a comment.