Jeju Creative Economy Innovation Center (CEO Lee Byeong-seon, hereinafter referred to as Jeju Center) announced that it will recruit prospective entrepreneurs to participate in the '2025 Preliminary Startup Package Project' until the 12th of next month.
The pre-startup package provides aspiring entrepreneurs with innovative technology startup ideas with the opportunity to successfully commercialize their startups through support for prototype production and commercialization funding.
Jeju Center selects 28 prospective entrepreneurs with technology startup items. The selected entrepreneurs will conduct market research in the early stages to develop a business model (BM) and receive support of approximately 20 million won for the production of a minimum viable product (MVP). Afterwards, the progress of the first-stage business plan will be evaluated at the midpoint of the agreement, and additional support of up to 40 million won will be provided based on the performance.
In particular, the Jeju Center plans to support companies selected for the preliminary startup package by cooperating with investors and partners inside and outside Jeju Island, including linking them to investments. Last year, through this support project, Specs Co., Ltd. (CEO Seong-cheol Yoon, Woong-seop Jeong) was promoted as the first investment company for the Jeju Center and MY Social Company's jointly operated 'Jeju Early Startup Promotion Fund', successfully attracting 300 million won in investment, and was subsequently selected for Deep Tech Tips, drawing attention.
Jeju Center will hold a business briefing session to resolve the curiosity of prospective entrepreneurs and to promote recruitment. It will be held on February 20th at Jeju Creative Economy Innovation Center, on February 24th at Seogwipo Labar, on February 26th online, and on February 28th in Seoul. The location and time can be checked on the Jeju Center website.
The application period is from the 24th of this month to the 12th of next month, and further details, including the recruitment notice, can be found on the K-Startup (https://www.k-startup.go.kr/) website.
Meanwhile, the Preliminary Startup Package is a business that supports the successful startup of prospective entrepreneurs with innovative technology startup ideas, and is a startup support program that has been implemented by the Ministry of SMEs and Startups since 2018. The Jeju Center has discovered and supported a total of 130 prospective startup companies through the operation of the Preliminary Startup Package business in the Jeju region for seven years since 2019.
- See more related articles
You must be logged in to post a comment.