Asan Nanum Foundation (Chairperson Eom Yun-mi) announced that it is recruiting participating institutions for the 2025 growth track of the 'Asan Nonprofit Startup' program, which supports the expansion of impact and strengthening of innovation capacity of nonprofit startups, until March 31.
'Asan Nonprofit Startup' is a program that provides diverse support to new nonprofit organizations so that they can lay the foundation for business and organizational growth. Since its launch in 2021, it has supported about 40 domestic nonprofit organizations such as Newways, Knit Life, Dasiipda Research Institute, Onki, and Stair Pusher Club, thereby activating the social innovation ecosystem. In this growth track recruitment, we plan to select a total of 8 teams by discovering nonprofit startups with proven capabilities that aim to expand impact.
Starting this year, we have adjusted some of our recruitment criteria to focus on supporting early-stage non-profit organizations with high growth potential. The criteria for the period of establishment of the organization has been changed from 10 years to 7 years, and the requirement for annual total income has been changed from 20 million won to 500 million won.
The recruitment qualifications are non-profit organizations, corporations, and social cooperatives with two or more full-time employees, established within 7 years, and meeting the criteria of having an annual total income of 20 million won to 500 million won. The selected teams will receive various acceleration benefits, such as ▲project support funds of 65 million won for approximately 6 months from May to October, ▲dedicated mentors for each team and customized startup strategy consulting, ▲occupancy in the short-term office space 'Marusid Zone', etc. In addition, each team will be given the opportunity to present their project at the 'Non-profit Startup Conference' in the second half of the year.
Applications will be accepted until March 31st on the Asan Nanum Foundation official website, and the final successful teams will be announced on May 2nd after document and interview screening. In addition, for teams wishing to apply, an online business briefing session will be held on March 12th and office hours will be held from March 17th to 21st to provide customized consultations on application methods and project planning.
Park Seong-jong, head of the Social Innovation Team at Asan Nanum Foundation, said, “This year, we have adjusted the support requirements and strengthened customized mentoring to more systematically support the sustainability and impact expansion of early-stage non-profit startups.” He added, “Asan Nanum Foundation will provide a solid foundation so that non-profit startups that are passionate about solving social problems can take on challenges and grow.”
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