Public-Private
The LG Group announced on May 13 that it will join hands with Chungbuk Creative Economy Innovation Center to nurture 20 venture businesses this year in a bid to foster promising venture businesses and to promote start-ups in Chungcheongbuk Province.
On May 13, the Chungbuk Creative Economy Innovation Center, in cooperation with the Small and Medium Business Administration of Chungcheongbuk-do Province, hosted “Start-up Jump-up Day” to discuss customized support and promotion for venture firms.
CEOs from eight venture companies that were selected by the head of the Business Incubation Center and officials from Chungbuk Creative Economy Innovation Center attended the event and discussed specific assistance packages, including patents, technology, and financing.
The Chungbuk Creative Economy Innovation Center will seek out an additional 12 promising venture businesses within this year and carry out active support programs that help them create substantial results, including sales growth and overseas expansion.
Yoon Joon-won, head of the center in Chungcheongbuk Province, said, “By actively using LG’s patents, technologies, and business expertise, we will provide customized support to each venture firm so that they can achieve tangible results.”