Hanyang University Designated as ‘Seoul City Campus Town’, Themed for Start-Up Campus
Funded maximum of 500 million won in 2020 as a unit university
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On December 29th, Hanyang University is newly designated as the ‘Seoul City Campus Town’ project, a start-up support facility in relation to universities. There are 17 newly designated campus towns, including 7 comprehensive types and 10 unit types, and Hanyang University belongs to the unit type university.
Hanyang University was elected as it promoted the ‘HY-Seongdong Start-Up Campus’ at the exhibition held by the Seoul City Government. In this exhibition, 31 candidates applied and in-site survey, document review, and presentation followed.
Hong Cheol-gi, the head of judges, said, “We considered the capability of forming start-up spaces that are specific and realizable so that they can help the start-ups immediately from 2020, detailed start-up cultivation plans to heighten the success rates and effects that can bring about including regional revitalization.”
Campus town is divided into the comprehensive type and the unit type. The comprehensive type is to revitalize housing, cultural, commercial, and regional cooperation, based on the youth start-ups. The unit type is to promote youth activities based on university-specific characteristics and capacities. Previously selected comprehensive types were guaranteed 4 years and 3 years for unit types for the project duration. However, from these new projects, the project will be continued depending on the annual results of each campus town.
Hanyang University is funded a maximum of 500 million won since it is selected as the unit type university. It will establish a detailed project plan from January and it will continue for a year.
Global News Team
Translated by: Lee Seong-chae
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