KT&G-Seongdong District Office Sign MOU to Discover and Nurture Young Entrepreneurs

*This content was translated by AI.

KT&G and the Seongdong District Office of Seoul signed a memorandum of understanding on the 28th at the Seongdong District Office to revitalize the ecosystem for young startups and social innovation enterprises.

Key figures including Bae Soo-min, Ji Sok-gyeong-yeong (Head) of KT&G, and Yu Bo-hwa, Seong Dong-gu (Commissioner), attended the signing ceremony. The two institutional investors agreed to collaborate in supporting innovative companies that treat job creation and solving social issues such as environmental pollution and regional extinction as core business models.

This agreement strengthens the youth startup support pact previously signed in 2018. KT&G plans to cooperate with Seongdong District in operating its social venture innovation competition.

The two institutional investors also plan to jointly enhance the capabilities of entrepreneurs within 'KT&G Imagine Planet,' Seongdong District Office's 'Seongdong Youth Startup Center,' 'Social Venture Hub Center,' and 'Social Economy Support Center' through practical business training and program exchanges.

A KT&G official, reached by phone, stated, "We signed this memorandum of understanding to participate in and further develop the Seongdong District Office's sincere support activities for young entrepreneurs."

<© STARNEWS. All rights reserved. No reproduction or redistribution allowed.>

*This content was translated by AI.