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KU Newsletter (june 2016)
KU Becomes a 'University Leading in Entrepreneurship' for Three Consecutive Years

On April 25, Konkuk University (KU) announced that it had been selected by the Small and Medium Business Administration to participate in the “2016 Project to Support Universities Leading in Entrepreneurship” for the third consecutive year. The Korean government has chosen universities to streamline support for developing business ideas, commercialization, and marketing since 2011. KU first became part of the project in 2014, and is expected to receive more than 5.6 billion won in funding over three years.

Encouraging entrepreneurship is one of KU’s strategic areas of interest. The university has held various classes and competitions as well as provided scholarships related to entrepreneurship. Mr. Cheolkyu Lee of KU’s Start-up Support Foundation said, “KU has accumulated knowhow through the project and will play an active role for the success of those who dream to open a new business.”