Korea Environment Corporation, operates a promotional center for eco-friendly exhibitions to support young start-ups, “discovers and fosters young companies in the environmental field”

Gwangmyeong Cha, management planning director of the corporation (fourth from the left), who attended the “2024 Korea ESG Eco-Friendly Exhibition” held at COEX on the 11th, is taking a commemorative photo with a young start-up company co-operating the public relations hall.

“We selected five excellent companies and provided full support for participation fees and expansion of sales channels.”

Korea Environment Corporation (Chairman Byeong-ok Ahn) under the Ministry of Environment will run a public relations center with young start-ups at the ‘2024 Korea ESG Eco-Friendly Exhibition’ held at COEX (Gangnam, Seoul) for three days from the 10th to the 12th.

The ‘ESG Eco-Friendly Exhibition’, hosted by the Ministry of Environment, is an environmental exhibition with the longest history in Korea and is a green industry business platform where the government, overseas public buyers, companies, and the public gather in one place.

Among the target companies for the ‘Environmental Youth Startup Support Project’, the Corporation selected five excellent companies that wish to participate in the eco-friendly competition and provided promotional materials and all costs worth approximately 24 million won, including participation fees, to ensure sustainable growth and expansion of sales channels for these companies. Full support was provided for production, etc.

The ‘Environmental Youth Entrepreneurship Support Project’ is a project in which the Corporation will utilize the capabilities of environmental specialized organizations starting in 2020 to provide growth subsidies (up to 11 million won per company) to promote innovative growth of young entrepreneurs in the environmental field and create private jobs, as well as to provide specialized training in the environmental field. This is a project that supports knowledge and technology mentoring.

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Cha Gwang-myeong, management planning director of the corporation, who attended the “2024 Korea ESG Eco-Friendly Exhibition” held at COEX, is listening to an explanation regarding youth start-ups jointly operating the public relations hall.

Every year, the Corporation supports participation in the ‘Korea ESG Eco-Friendly Exhibition’ exhibition by young start-ups in the environmental field, and this year, it further strengthened sales support by expanding the scale of support from 3 to 5 places.

This year’s five supporting companies are ▲ New Alternative (development of bio-solid fuel), ▲ Laonde Company (manufacturing of upcycling pet clothing), ▲ Lobigos (provision of vehicle carbon emission optimization analysis system), and ▲ Sovement (cigarette butt collection). management system provided), and ▲Global (vegan dessert manufacturing and sales).

Cha Gwang-myeong, director of management planning at Korea Environment Corporation, encouraged companies in the field and said, “We can contribute to revitalizing the local economy by providing customized financial support and mentoring to discover and foster young companies in the environmental field, as well as growth support that can generate sustainable profits.” “I will work harder to make it happen,” he said.

Economy Queen Reporter Ryu Jeong-hyeon | Photo: Korea Environment Corporation

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