CNU Launched the First Student’s Business Foundation Center at a University in Korea Youth Foundation Center

 Nowadays the social economic situation is getting confusing. In addition, youth unemployment rate is very high. The youth unemployment rate shows no signs of getting better after increasing several years ago. In this situation university students thinking about starting a business instead of trying to find a job are increasing. However, realistically starting a business as a university student is not easy. Fortunately, a program that helps university student’s businesses is now open at CNU. Let’s look at it!

 

 - Student Business Foundation Center

 CNU launched the Student’s Business Foundation Center for the first time at a Korean university. CNU decided to open the Department of Development Aid Center and to launch CNU Student’s Business Foundation Center. It is a good thing for students to have access to a center which helps students who are interested in starting businesses. In addition, it is more meaningful that such center is launched at CNU as the first of its kind in Korea.

 

 - The Roles of the Student’s Business Foundation Center   

 The university student foundation center supports students who want to start up their own small businesses. There are lots of other centers which support businesses founded by young people. One of the representative centers is the Banks Foundation for Young Entrepreneurs, which is a corporate body that received 100 billion won from donations from 20 banks to support job creation. It has done many things to help young entrepreneurs. They held many lectures and education programs about the founding of businesses. They invited Bong Jin Kim, a representative of Woowahan Brothers that founded Baemin(배달의 민족), Yoon Ja Young, a representative of Styleshare, Jeon Hae Na, a representative of Add to Paper, Kim Bo Young, a team leader of Facebook Korea, and many CEOs as lecturers. They are founders of innovative enterprises that are close to university students. Also they are representative examples of people who started their own businesses while still young. By these activities, many youths could pave their own ways and start up their businesses. From now on, this center will do their best for job creation by building a global network and reinforcing cooperation. Students thinking of starting a business can get a lot of help from these kinds of centers if they visit or contact these centers.

 These youth business centers are very helpful for university students. And it is noticeable that the Student’s Business Foundation Center was launched at CNU as the first of its kind at a Korean university. It can be also desirable to launch youth’s business centers at other universities following CNU. Also it is expected that these centers will have an extremely positive effect on decreasing the rate of youth unemployment.

 

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