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cafe24 Signs MOU with Chonbuk National University for Startup Practice Program
Fostering Young Entrepreneurs
cafe24 Signs MOU with Chonbuk National University for Startup Practice Program
  • By Lee Song-hoon
  • December 2, 2016, 05:15
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Chonbuk National University President Nam-Ho Lee (left) and Cafe24 CEO Jae-Suk Lee pose for a photo after signing an MOU on Dec. 1 to nurture young entrepreneurs who want to launch an e-commerce business.
Chonbuk National University President Nam-Ho Lee (left) and Cafe24 CEO Jae-Suk Lee pose for a photo after signing an MOU on Dec. 1 to nurture young entrepreneurs who want to launch an e-commerce business.

 

The global e-commerce platform cafe24 announced on Dec. 1 that it has signed a memorandum of understanding (MOU) with Chonbuk National University to nurture young entrepreneurs who want to launch an e-commerce business in the global market.

Under the MOU, cafe24 and Chonbuk National University will cooperate on “Start-up Practice Program” which can enhance student’s capabilities for global online business. This program aims to train and educate prep-entrepreneurs, helping them grow into global talent. It includes from opening and managing international shopping sites to merchandising sales.

First, cafe24 is to provide practical trainings specialized in a multi-language online shopping site for students at Chonbuk National University in South Korea. Instructed by e-commerce experts, the training will be very essential for online business startups.

In addition, cafe24 will support overseas programs for student entrepreneurs of Chonbuk National University. To that end, fe24 plans to offer a start-up program in the Philippines and conduct the Global Young Entrepreneurs project for students from both Chonbuk National University and universities in the Philippines.

Chonbuk National University, on the other hand, will select eligible applicants for the Global Young Entrepreneurs project while providing financial support and enriching educational environment.

Jae-Suk Lee, CEO of cafe24, said, “cafe24 will provide every support for young entrepreneurs of Chonbuk National University and help them enter the e-commerce market globally, thereby enabling more young Korean entrepreneurs become e-commerce leaders not only in Korea, but also in the global market.”