The Korea SMEs and Startups Agency and KT&G signed a business agreement on April 24 at KT&G Sangsang Planet in Seoul's Seongdong district to expand social contributions and promote shared growth with local communities.
KOSME said on April 27 the two organizations agreed to cooperate in several areas, including promoting local spending and revitalizing regional economies, carrying out community-focused social contribution programs, fostering youth-led startups, and strengthening young people's capabilities through cultural events and education.
The partners plan to link KOSME's Youth Startup Academy with KT&G's Sangsang Startup Camp to build a support base for young entrepreneurs from the preparation stage through commercialization. They also will jointly run market-access events, including flea markets, to help energize local communities.
As part of the agreement, KOSME held a youth-focused talk concert titled "Youth, Play" on April 26 at KT&G Sangsang Planet. The event was designed to ease young people's uncertainty about career paths and the burden of starting a business, while sharing examples of career changes and encouraging new challenges.
KOSME Chairman Kang Seok-jin said the agency will broaden opportunities for young people through cooperation with the private sector and will continue to support shared growth with local communities and the development of youth entrepreneurship.
* This article has been translated by AI.
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