On July 5, an orientation meeting was held for assisting students in establishing their own startups through the 2019 Business Startup Project Support program.

Led by DSU and co-organized by the Startup Support Group and the LINC Project Group, this project is DSU’s flagship, full-scale student entrepreneurship support project. It was established in 2014.

This year, it is expected to further expand the university’s entrepreneurship boom by adding detailed programs for practical startup experiences such as prototype development, expert mentoring, market verification, IR pitching, and mock crowdfunding. Through the program, more than 300 promising student startup teams selected through a 6-month project phase will receive personalized support for real start-ups through the organic cooperation linkages established between the Startup Support Group and the LINC Project Group.

To this end, DSU will pay a total of 100 million won towards scholarships, and will calculate students’ startup mileages earned in the program step by step, with the most successful student teams being awarded first.

In addition, those teams will benefit from follow-up support, such as by gaining additional points for the commercialization of entrepreneur items and special programs.

Jeong Deo-woon, Director of the Business Startup Project, said, “We will successfully carry out real-world entrepreneurship experience projects that enable students to learn from their mistakes and gain confidence in promoting their creative ideas. The project has been shown to be highly motivating for students, serving as a bridge for linking the results of hands-on experience and hands-on creative education.”