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Gangwon State to support establishment of start-ups in abandoned mine areas
Gangwon State will seek to discover start-up companies utilizing resources and idle space in abandoned mine areas such as Taebaek.
To this end, Gangwon State announced on January 19 that it will push for the "Project to Support the Promotion of Entrepreneurship in Closed Mine Area" from January 20 to February 20th and receive application from companies.
The purpose of this project, which will be pushed for this year following last year, is to create jobs and increase residents' income by revitalizing start-ups in abandoned mine areas.
This year, the budget will increase by more than 40% from last year, reaching a total of KRW 2.4 billion to provide funds and office space to 30 founders.
The residents and corporations in four cities and counties, including Taebaek, Samcheok, Yeongwol, and Jeongseon, in the abandoned mine area are eligible for application.
The fields are 'resident start-ups' and 'regional regeneration start-ups'.
Through the public contest, support will be provided for local regeneration start-ups up to KRW 200 million, up to three years) and resident start-ups (up to KRW 150 million, up to three years).
In addition, prior consulting and education will be provided to support the preparation for start-ups, and office space for actual start-ups will be provided free of charge.
Residents or corporations wishing to participate can refer to the notice on the website of the Gangwon State Economic Promotion Agency, the provincial government, four cities and counties in the abandoned mine area.
The selection will be made in April through uation by four cities and counties in the province and the Gangwon State Economic Promotion Agency.
Last year, Gangwon State supported a total of 34 start-ups through this project to support start-ups in abandoned mine areas.
hak@yna.co.kr
Source Text
** This article was translated from Korean.
Date
2025.01.20
Views
132
According to Yonhap News,
Gangwon State will seek to discover start-up companies utilizing resources and idle space in abandoned mine areas such as Taebaek.
To this end, Gangwon State announced on January 19 that it will push for the "Project to Support the Promotion of Entrepreneurship in Closed Mine Area" from January 20 to February 20th and receive application from companies.
The purpose of this project, which will be pushed for this year following last year, is to create jobs and increase residents' income by revitalizing start-ups in abandoned mine areas.
This year, the budget will increase by more than 40% from last year, reaching a total of KRW 2.4 billion to provide funds and office space to 30 founders.
The residents and corporations in four cities and counties, including Taebaek, Samcheok, Yeongwol, and Jeongseon, in the abandoned mine area are eligible for application.
The fields are 'resident start-ups' and 'regional regeneration start-ups'.
Through the public contest, support will be provided for local regeneration start-ups up to KRW 200 million, up to three years) and resident start-ups (up to KRW 150 million, up to three years).
In addition, prior consulting and education will be provided to support the preparation for start-ups, and office space for actual start-ups will be provided free of charge.
Residents or corporations wishing to participate can refer to the notice on the website of the Gangwon State Economic Promotion Agency, the provincial government, four cities and counties in the abandoned mine area.
The selection will be made in April through uation by four cities and counties in the province and the Gangwon State Economic Promotion Agency.
Last year, Gangwon State supported a total of 34 start-ups through this project to support start-ups in abandoned mine areas.
hak@yna.co.kr
Source Text
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Source: Yonhap News (January 19, 2025)
** This article was translated from Korean.