Chungcheongnam-do announced on the 3rd that it will recruit young people aged 19 to 39 to support the 'Youth Startup and Job Creation Support Project' from the 4th to the 31st.

The Chungnam Credit Guarantee Foundation and the Chungnam Center for Creative Economy & Innovation will select a total of 60 teams, divided into living and technology sectors.

The living sector consists of the Neighborhood Startup School, Challenge Package, and Growth Package.

Through the Neighborhood Startup School, you can receive essential startup education and up to 50 million won in credit guarantees, and the Challenge Package supports pre-startups with consulting, 5 million won in business funds, and up to 100 million won in credit guarantees.

Existing startups within 7 years of establishment can receive consulting, 15 million won in business funds, and up to 200 million won in credit guarantees through the Growth Package.

In particular, this year, the target of the Neighborhood Startup School has been expanded to include existing startups.

The Challenge Package's specialized guarantee support has also been increased from 50 million won to 100 million won.

In addition, pre-startups receive 10 million won in business funds, and existing startups receive up to 20 million won depending on their selection evaluation grade.

Details can be found in the announcements on the Chungnam Credit Guarantee Foundation and Chungnam Center for Creative Economy & Innovation websites.

Nam Seong-yeon, Head of Youth Policy, said, "We will also support the formation of networks among entrepreneurs participating in the project, and do our best to help young people settle and grow in the region."

[ⓒ Global Economic Times. 무단전재-재배포 금지]