"To the US and Southeast Asia" Jung Jin Gong, Establishes Youth Global Advancement Program

[Financial News] The Small and Medium Venture Business Promotion Corporation announced on the 11th that it will begin full-scale operation of the newly established 'Youth Startup Academy Global Advancement Program' for students of the Youth Startup Academy.
This program is based on Jung Jin Gong's overseas network and country-specific tailored strategies. It aims to strengthen the global market entry capabilities of youth startup companies and support the creation of results. Starting with online orientations on the 6th and the upcoming 13th, it will select 100 aspiring companies among the 15th batch of entrants. Customized education focused on field practice will be conducted for four months.
The education consists of △Global competency assessment and mentoring △Visits to leading local innovative technology companies and startup support organizations △Global demo day and business meetings. Through business meetings, it plans to create cooperation opportunities with local partners tailored to the market characteristics of △the United States △Singapore △Indonesia △Vietnam, and support local commercialization. The program is promoted in collaboration with One Tree Hill Ventures, a Singapore-based accelerator (AC).
Even after the education ends, Jung Jin Gong will continue follow-up support by reflecting the results of country-specific program progress and the needs of participating companies, such as △Buyer meetings △Consultation matching △Participation in local exhibitions and conferences.
Johan Gyo, Director of Human Resources Growth at Jung Jin Gong, said, "It will be a starting point to establish a sustainable global business foundation without stopping at one-time support," and "We will actively support promising youth startup companies to compete in the global market by focusing on close exchanges centered on the United States and major Southeast Asian countries."


kaya@fnnews.com Choi Hye Rim Reporter