In July, YU students swept the awards at the inaugural Korean Student Startup Week, including the Grand Prize, Excellence Award, and Encouragement Awards.

Team 'Moment by Moment' wins the Grand Prize in the Customer Discovery BMC (Business Model Canvas) category

YU's SCOUT program leads the advancement of entrepreneurship education.

[August 20, 2024]

<The 'Moment by Moment'  team from the Department of Korean Language and Literature at YU, winners of the Grand Prize at the Ministry of Education's Korean Student Startup Week>

 YU students won the Grand Prize at the inaugural Korean Student Startup Week, held this past July.

 The Korean Student Startup Week, organized for the first time this year, was a collaborative effort between the Seoul Metropolitan Government, various government bodies, public institutions, 35 universities nationwide, and private companies. The event aimed to bridge the gap in entrepreneurship education across regions and to foster an entrepreneurial spirit among students. Held over five days in July, the event attracted over 1,200 participants ranging from elementary school students to university students.

The "Moment by Moment" team, comprised of YU students CHEON Jong-hyun, PARK Chun-hwan, and CHO Min-hyung from the Department of Korean Language and Literature, won the Grand Prize in the Customer Discovery BMC (Business Model Canvas) category. Additionally, CHOO Yang-woo from the Department of Food Service Industry won the Excellence Award in the Discovery Startup category, while JANG Moon-gi from the School of Mechanical Engineering and LEE Kang-min received Encouragement Awards in the Regional Project and Inclusive Growth categories, respectively.

Professor Jeon In, head of YU’s SCOUT (STARTUP Co-Op University for Transition of edu) program, commented, “This Student Startup Week provided a valuable opportunity for students to bring their creative ideas to life. We will continue to support the students so their entrepreneurial ideas can evolve into actual businesses.”

The SCOUT program, supported by the Ministry of Education and the National Research Foundation of Korea, is designed to expand the network of entrepreneurship education hub universities and to establish a regional entrepreneurship education foundation. This program aims to cultivate universities that contribute to regional community entrepreneurship education through establishing partnerships with local governments. The total project period is 5 years, the selected universities will receive KRW 750 million in support every year, and YU is the host university of the Daegyeong-Gangwon consortium (YU, Gangneung-Wonju National University, Keimyung University, Andong National University, and POSTECH) to lead the advancement of entrepreneurship education at local universities.