Education for Better Startups: 2024 Summer Startup Practical Training Program, Startup Essential

 Korea University Business School (Dean=Sangyong Kim) has launched the 2024 Summer Startup Practical Training Program, Startup Essential, organized by the Startup Institute (Director=Jungbin Moon). Startup Essential aims to enhance the capabilities of startups in handling various challenges related to finance, human resources, labor, legal issues, and marketing. It targets resident companies within the Startup Institute, such as those in the Iljin Startup Support Center, the Crimson Startup Support Group, and the Anam Campus Town, as well as companies involved in startup-related departments at Korea University. Additionally, team leaders from the 10 newly qualified teams from the 2024 Startup Express Summer Season are required to take this course. 

The orientation for the new resident companies which marks the start of the program, was held on July 2nd. This 17th class includes team leaders and members from 10 teams, along with key figures from the Startup Institute, such as Director Jungbin Moon, Iljin Startup Support Center Director Youngkyung Kim, and Seung Myung-ho Education Center Director Jinkyu Park. The teams joining this 17th class are: ▶Daebong ▶Woori ▶Neuruiing ▶Homebrew ▶I-APPLY  ▶ATLO ▶Genti ▶Feedbacker ▶Flick ▶Filter Match. 

The event began with brief introductions of the 17th class teams that joined through the 2024Startup Express Summer Season, followed by Director Jungbin Moon’s introduction of the Startup Institute. Jungbin Moon explained, “The Startup Institute was established in 2016 with the support of alumni Myungho Seung who is the chairman of the Dongwha Group, and the late Iljin Group chairman Sangil Lee. It consists of the Iljin Startup Support Center, which acts as an incubator, and the Seung Myung-ho Center for Entrepreneurship Education, which provides educational resources.” 

Following this, there was an explanation of the events and education provided by the Startup Institute. Director Jungbin Moon stated, “The programs of the Startup Institute include Entrepreneurship Academy, Startup Express, Startup Essential, and Choo-Choo Day. These programs feature CEO and expert lectures, the discovery of excellent startups, practical startup educationand demo days, all well-structured to support entrepreneurs.” 

Next, Youngkyung Kim, Director of the Iljin Startup Support Center, provided guidance on mentoring for resident companies and introduced the new resident education program, Startup Essential. Director Kim explained, “Startup Essential covers everything from the theory to the practical aspects of starting a business. It offers hands-on education for aspiring entrepreneurs, including weekly basic theory lectures and one-on-one mentoring sessions on law/IP/product development.” 

Additionally, Startup Essential, which runs until July 30th, features lectures by patent attorneys from patent law firms, tax accountants from tax firms, and lawyers from the crowdfunding company Wadiz. These experts will provide insights on how to address common startup issues related to patents, human resources, taxation, and legal matters.