Minister Han Seong-sook of the Ministry of SMEs and Startups introduces the Everyone's Startup Project during a roundtable on spreading the initiative at Gyeongsang National University in Jinju, South Gyeongsang Province, on the 17th./Courtesy of News1

The Ministry of SMEs and Startups' "Everyone's Startup Project" reached 20,000 challengers. It came 12 days after surpassing 10,000 on the 19th.

The Ministry of SMEs and Startups (MSS) said on the 1st that the Everyone's Startup Project saw its 20,000th challenger 37 days after launch. Including 15,000 challengers who are still drafting their ideas, the total comes to 35,000.

Cumulative visitors to the Everyone's Startup platform total about 970,000, and more than 800 people a day on average are taking on the challenge. In particular, the time it took for challengers to grow from 10,000 to 20,000 shortened by more than half, from 25 days to 12 days.

Everyone's Startup is gaining traction among young people and across regions. Among applicants, those 39 or younger accounted for 63% at the 10,000 mark, but rose to 65% at 20,000. The share of support from non-capital area incubators increased from 47% to 51%.

The Ministry of SMEs and Startups (MSS) will hold an "Everyone's Startup Campus Tour" at universities nationwide through the 15th of next month, the deadline for applications. Minister Han Seong-sook is also set to visit regional universities to introduce the Everyone's Startup Project.

Everyone's Startup is a project that links entrepreneur mentor groups and incubators to select a final 5,000 people and support their startups in stages.

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