"One of Three Universities Nationwide"... Hannam University Selected as 'Startup-Centered University' by Ministry of SMEs and Startups

Hannam University has been finally selected as the lead institution for the ‘2023 Startup-Centered University’ program organized by the Ministry of SMEs and Startups. Only three universities nationwide have been chosen as startup-centered universities this year.

A banner celebrating the selection as the lead institution for the 'Startup-Centered University' is installed on the 56th Anniversary Hall building at Hannam University. Provided by Hannam University

According to Hannam University on the 16th, the Startup-Centered University project selects universities equipped with excellent startup infrastructure and collaborative networks to revitalize the regional startup ecosystem and support the commercialization of university-originated startups.

The universities selected as startup-centered universities this year are Hannam University, Sungkyunkwan University, and Gyeongsang National University.

Following the selection, Hannam University will receive an annual project fund of 8.2 billion KRW and a total of 41 billion KRW over five years from the Ministry of SMEs and Startups (government subsidy).

Additionally, it will receive matching funds totaling 1.25 billion KRW over five years from Daejeon City.

Through this, the university plans to take the lead in creating startup infrastructure and nurturing talent so that new technologies generated in the Daedeok Research and Development Special Zone can take root in the region and drive the local economy.

In particular, Hannam University aims to lead regional innovative growth by establishing a regional startup support and nurturing ecosystem through realizing three main strategies under the vision of ‘a hub institution for regional economic growth through startups’: ▲ nurturing specialized personnel closely linked to startups ▲ creating innovative growth at each startup stage ▲ maximizing the value of corporate performance.

Lee Seong-gwang, head of the Startup Support Group at Hannam University, said, “Based on over 10 years of accumulated startup know-how and infrastructure, Hannam University will strive to serve as a hub institution for startup growth in Daejeon, the center of science and transportation.”

This content was produced with the assistance of AI translation services.