University of Seoul's Startup Support Foundation participates in entrepreneurship project
The University of Seoul’s Startup Support Foundation will help foster innovative entrepreneurs by taking part in the government’s large-scale entrepreneurship support program, according to the university. The university said the foundation has been selected for the second phase of the “Startup for All Project” funded by the Ministry of SMEs and Startups. The project is designed to support…
The University of Seoul’s Startup Support Foundation has agreed to collaborate in a nationwide endeavor aimed at nurturing pioneering entrepreneurs, as per university officials. The foundation has been chosen to participate in the second phase of the "Startup for All Project," a government initiative supported by the Ministry of SMEs and Startups.
This project aims to aid aspiring entrepreneurs in bringing their innovative startup concepts to fruition. A total of ten thousand entrepreneurs will be enlisted for the second phase, representing twice the number of participants from the initial phase. The university has emphasized its role as a mentor for both general and technology startup tracks, with an anticipated selection of eight thousand prospective entrepreneurs.
These chosen individuals will be granted government-backed assistance, which includes a startup support fund of two million won ($1,448), customizable artificial intelligence (AI) tools valued at up to one million won for a two-month period, and guidance from seasoned professionals. The application window for the program remains open until September 17. Eligible applicants are encouraged to apply before the deadline.
Written by urgent.news from The Korea Times's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
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