Shin Sangjin: "Young Entrepreneurs Are Leading Change on Moran Dodam-gil... We Will Make It a Seongnam Landmark"

Seongnam City, Mayor Shin Sangjin Launches Youth Startup Initiative
Up to 30 Million Won in Business Funds and Consulting Support
Supporting 39 Young Entrepreneurs... Full-scale Promotion of Specialized District
Transforming Moran Dodam-gil in Seongnam into the 'Next Seongsu-dong'

Seongnam City in Gyeonggi Province (Mayor Shin Sangjin) has launched full-scale support to transform Moran Dodam-gil in Jungwon-gu into a youth entrepreneurship-specialized street.

Seongnam Mayor Shin Sangjin held an orientation on the 23rd at Moran Hall on the 2nd floor of City Hall for 39 participants in the small-scale store youth startup support project. Provided by Seongnam City

On the 23rd, Seongnam City announced that it had selected 39 participants for the "2026 Small Store Youth Startup Support Project" and started providing customized support, including business funds and startup consulting.

This project was initiated to cultivate Dodam-gil, located behind the central business area of Moran, as a youth entrepreneurship-specialized alley market filled with unique shops, similar to Seongsu-dong in Seoul.

On this day, the city held an orientation for the project participants at Moran Hall in City Hall, providing practical training on the project direction, support details, standards for subsidy execution, and key points for commercial lease agreements necessary for starting a business. Networking programs to encourage exchange and cooperation among participants were also included.

This year's participants were finally selected through a process involving document screening, completion of entrepreneurship education, and a business plan presentation evaluation. Startup education and the presentation evaluation were introduced for the first time this year to verify the capabilities and project implementation power of young entrepreneurs.

Seongnam Mayor Shin Sangjin is holding an orientation for 39 participants of the Small Store Youth Startup Support Project on the 23rd at Moran Hall on the 2nd floor of City Hall. Provided by Seongnam City

The support is targeted at 39 Seongnam residents between the ages of 19 and 39 who are preparing to start businesses in a wide range of fields, including restaurants, cafes, retail, and service industries.

Seongnam City will provide these young entrepreneurs with up to 30 million won in business funds for initial business setup, such as storefront remodeling and rent, as well as tailored consulting for each startup field.

Additionally, by linking joint promotional and marketing initiatives with city-hosted cultural events, Seongnam City plans to enhance the competitiveness of these youth-led shops and revitalize the Dodam-gil business district.

Following support for 20 young entrepreneurs in 2024 and 25 in 2025, Seongnam City is expanding the scale of the project by assisting 39 youth startups this year.

The city aims to grow Moran Dodam-gil into Seongnam's signature alley market combining youth entrepreneurship and local culture, ultimately making it a specialized destination visited by people nationwide.

Seongnam Mayor Shin Sang-jin is holding an orientation for 39 participants of the Small Business Youth Startup Support Program on the 2nd floor of Moran Hall at the city hall on the 23rd. Provided by Seongnam City

Seongnam Mayor Shin Sangjin said, "The young entrepreneurs participating in this project will become the key players leading new changes on Moran Dodam-gil," adding, "We will actively support young people so they can start and grow their businesses with stability, making Seongnam a prominent destination visited from all over the country."

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