Leading advancement of local university entrepreneurship education as a central university in the Daegyeong/Gangwon region

Implementation of the project by receiving government subsidy of KRW 750 million every year for 5 years from this year

Enhancement of local university start-up capacity by leading the start-up education base university project for last 3 years

[July 05, 2023]

YU (President CHOI Oe-chool) was selected as a leading university for STARTUP Co-Op University for Transition of edu (SCOUT) by the Ministry of Education.

“STARTUP Co-Op University for Transition of edu” is a project supported by the Ministry of Education and the National Research Foundation of Korea to cultivate universities as the center of community entrepreneurship education by expanding existing entrepreneurship education bases, establishing a regional entrepreneurship education foundation, and establishing a collaboration system with local governments. The total project period is 5 years and the selected university receives KRW 750 million in support each year.

For three years from 2020 to 2022, YU successfully led the Southern Region (Gyeongsang, Jeolla, and Jeju Regions) Entrepreneurship Education Base University Project.YU, as the university in charge of the project, is being evaluated for raising the startup capabilities of local universities to the next level through the introduction of a startup-friendly system for local startups, improvement of startup support infrastructure, development of high-quality startup education contents, and educational support activities.

As the result of this selection, YU is expected to play a pivotal role in ▲strengthening and advancing local university entrepreneurship education capabilities, ▲spreading entrepreneurship education culture, and ▲bridging the gap in entrepreneurship education, s the central university of the Daegyeong-Gangwon region consortium (YU, Gangneung-Wonju National University, Keimyung University, Andong National University, and POSTECH). YU is also expected to contribute to the creation of a local startup ecosystem and regional development through linkage and cooperation with regional governments such as Gyeongsangbuk-do, Daegu City, and Gangwon Special Self-Governing Province.

President CHOI Oe-chool of YU said, “This is the result of YU's excellent entrepreneurship education system and achievements recognized by the government. YU, as a base institution for entrepreneurship education, will provide generous support so that young people can cultivate creative and challenging entrepreneurship.”

Meanwhile, the Ministry of Education and National Research Foundation of Korea recently announced the results of regional consortium selection for the project of “STARTUP Co-Op University for Transition of edu.” For the general university consortium, a total of five consortiums were selected: the Daegyeong/Gangwon consortium centered on YU, the metropolitan area, the Chungcheong area, the Honam/Jeju area, and the Southeast area.