Dongseo University Selected as Startup Incubation Institution for Idea Commercialization Support Project

LINC 3.0 Project Group Content Field Collaborative Sharing Activity

VR·AR Startup Specialized Pre-Entrepreneur Support Program

Dongseo University (President Jang Je-guk) has been selected for the 2024 Idea Commercialization Support Project Startup Incubation Institution Contest hosted by the Korea Creative Content Agency, and will receive 160 million KRW in funding until November this year to operate the ‘VR/AR Startup Specialized Pre-Startup Support Program.’

Dongseo University Selected as Startup Incubation Institution for Idea Commercialization Support Project

The Idea Commercialization Support Project hosted by the Korea Creative Content Agency is a program aimed at discovering and nurturing ideas in the content field, supporting commercialization and startups, and creating a pre-startup ecosystem.

Over the past three years, Dongseo University has secured eight projects related to startup support from local governments and central government ministries, receiving a budget of 4 billion KRW to nurture 123 startup companies.

The newly selected ‘VR/AR Startup Specialized Pre-Startup Support Program’ will recruit pre-startup entrepreneurs in the content field from April 5 to April 26, select 10 teams, and support them with a startup incubation program including startup education, dedicated mentors, business model (BM) advancement, and MVP production until the end of November.

Professor Lee Hyun-dong of the Department of Computer Engineering, the project leader, stated, “Through support for pre-startup entrepreneurs centered on content, which is Dongseo University’s specialized field, we will strive to develop the regional content industry and create settlement-type jobs.”

Hwang Ki-hyun, Director of Industry-Academic Cooperation and head of the LINC 3.0 Project Group, said, “We will generously provide various supports such as on-campus startup company residency, shared spaces, and shared equipment to pre-startup entrepreneurs related to VR/AR content so that they can focus on technology development and commercialization.”