Startup Promotion Agency and Yuseong-gu Sign Agreement to Activate Startup Ecosystem

On the afternoon of the 24th , the Korea Institute for Startup & Entrepreneurship Development (Director Jongpil Yoo) signed a business agreement with Yuseong-gu, Daejeon (Mayor Yongrae Jeong) at Tipstown in Daejeon to revitalize the local startup ecosystem.

Through this agreement, the two organizations agreed to cooperate in utilizing human and material infrastructure to revitalize the startup ecosystem in the Yuseong-gu region and in developing various programs to help startups grow.

Starting next month, the Startup Promotion Agency plans to carry out various cooperation activities, including recruiting and supporting companies to move into the Daejeon Tipstown co-working space, and recommending (potential) startups with Yuseong-gu.

In addition, the Startup Promotion Agency and Yuseong-gu will jointly develop programs such as appropriate technology commercialization so that excellent foreign talent in the region can settle in the region and participate in startup activities after graduation, and will also work to create a community of foreign entrepreneurs.
Yoo Jong-pil, the head of the Startup Promotion Agency, said, “Eogung-dong (Eoeun-dong, Gung-dong), where Daejeon Tipstown is located, has excellent human resources and a well-equipped startup infrastructure, so many deep tech companies are active there,” and added, “We will work hard to expand this ecosystem further through close cooperation with Yuseong-gu.”

Mayor Jeong Yong-rae of Yuseong-gu said, “Through this agreement, we will be able to actively utilize the excellent startup infrastructure of the Startup Promotion Agency, which will enable us to promote various startup support projects such as the ‘Startup Company Set-up Space Support Project.’ We will continue to work with local startup-related organizations to revitalize the startup ecosystem.”


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