Korea SMEs and Startups Agency (KOSME) Seoul Southern Branch and the Young Entrepreneurs Network (JBN) said on the 23rd that they donated a total of 4.2 billion won in cash and daily necessities to the Korea Love Sharing Community in Jung-gu, Seoul, on the 22nd.
The Young Entrepreneurs Network is an exchange group composed of 270 startups that received KOSME's youth-only startup funds and officials from startup support organizations. Through the network, it has actively continued support activities to revitalize young entrepreneurs' businesses, such as mentoring and information sharing, and since 2018, it has fulfilled its social responsibility by carrying out donation activities for vulnerable groups.
The donation event was held at the Korea Love Sharing Community that day. Ninety startups belonging to the Young Entrepreneurs Network voluntarily took part to put social sharing into practice. The donation ceremony was attended by entrepreneurs from the Young Entrepreneurs Network, Lee Eun-deok, head of the Korea Love Sharing Community, Kim Ji-hong, head of KOSME's Seoul Southern Branch, and Lee Dong-hyun, KOSME senior expert.
The Korea Love Sharing Community, established in 2015, is a Nonprofit Institutions (NPI) that supports vulnerable groups such as single-parent families, impoverished families, children in poverty, and older adults. It has made significant contributions to the field of social welfare by consistently providing medicines and various supplies to social welfare facilities such as nursing homes for the elderly and facilities for people with disabilities.
Kim Ji-hong, head of KOSME's Seoul Southern Branch, said, "I find it very meaningful to be able to carry out social sharing activities together with young entrepreneurs," and added, "We will work to ensure that the efforts of young entrepreneurs, who are striving not only for the growth of corporations but also for social responsibility, can continue."