Jeju links central and private-sector support networks to youth policies... Jeju Special Self-Governing Province and Youth Foundation sign agreement

【Financial News Jeju=Reporter Jeong Yong-bok】 Jeju Province has joined forces with the Youth Foundation to connect policies on youth employment, startups and settling in the region with central and private-sector support networks.
According to Jeju Special Self-Governing Province on the 9th, Governor Wi Seong-gon signed an agreement that day with Oh Chang-seok, chairman of the Youth Foundation, at Samda Hall in the provincial government building. Officials from both organizations and young people from Jeju attended the signing ceremony.
The agreement’s main objective is to identify the policy needs of young people in Jeju and connect central and private-sector support resources with local projects. The two organizations agreed to jointly develop initiatives to support employment, startups, self-reliance and growth, and to share policy information and best practices.
Founded in 2015, the Youth Foundation is a nonprofit public-interest corporation that supports young people with employment, skills development and social participation, among other areas, and operates the Central Youth Support Center. In February this year, it signed an agreement with the banking sector on financial support to help young people settle in regional areas, and in September it also signed an agreement with Busan City to support young people’s settlement and growth.
Through this partnership, Jeju Province is exploring ways to link nationwide support programs and private-sector partnership networks with local youth policies.
At a lunch meeting held immediately after the signing ceremony, young people from Jeju raised practical difficulties they face in the region.

Those in attendance asked, “Please also operate the Youth Foundation’s startup support program in Jeju, provide support tailored to the growth stage of startup companies, and expand basic job training for young employees.”
They also called for financial and information support for pursuing graduate studies and efforts to address gaps in the operation of programs for cultivating young farmers. They also highlighted the need for exchange and self-reflection programs where young people can share experiences and explore career paths.
Governor Wi Seong-gon proposed province-level coordinated support for programs to cultivate young farmers, as well as joint programs with the Youth Foundation. The opinions raised at the meeting will be used to review follow-up policies and cooperative projects.
Governor Wi said, “We aim to make Jeju a city where young people can stay, dream of the future and build their lives,” adding, “By connecting the experience and resources of the two organizations, we will expand opportunities that young people in Jeju need.”
Jeju Province and the Youth Foundation plan to hold follow-up discussions to flesh out areas for cooperation.


[email protected] Jeong Yong-bok Reporter