Geumcheon-gu Donates All Profits from Sales of Products Developed by Youth Startup Clubs
Donation of 1,357,000 KRW from Youth Direct Startup Product Sales
Contributed to Geumcheon Future Scholarship Foundation to Support Local Talent Development
Geumcheon-gu (Mayor Yu Seong-hoon) announced that the youths who participated in the ‘2024 Geumcheon Youth CEO Flea Market’ donated the entire proceeds of 1,357,000 KRW from selling their startup products to the Geumcheon Future Scholarship Foundation.
The ‘Geumcheon Youth CEO Flea Market’ is a child-friendly city specialized project by Geumcheon-gu, designed to help youths creatively explore career paths and develop economic thinking. It has been implemented since 2019.
This year, 21 youths residing in Geumcheon-gu or attending schools located in Geumcheon-gu participated. They formed five startup clubs, received education, and engaged in capacity-building activities by field to develop products reflecting eco-friendliness and social value.
The representative products created include ▲eco-friendly wooden cooking utensils ▲character design products ▲sweet desserts (with biodegradable packaging) ▲recycled crafts ▲eco-friendly keychains, among others.
The participating youths sold their products at festivals with local residents and Christmas markets, recording proceeds of 1,357,000 KRW. The entire amount will be donated to the Geumcheon Future Scholarship Foundation to be used for nurturing local talents.
A youth who participated in the donation said, “Through the experience of making and selling eco-friendly products myself, I became interested in the environment and felt rewarded by contributing to society,” adding, “I want to nurture my dream of becoming an entrepreneur and become a talent who helps the local community.”
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Yu Seong-hoon, Mayor of Geumcheon-gu, said, “I hope that the experience of youths developing their own ideas into products and sharing them with the local community will be a foundation for healthy growth,” and added, “We will continue to spare no support to help youths realize their dreams.”
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