Seoul Upcycling Plaza to guide startups with entrepreneurship program

The Seoul Upcycling Plaza (SUP) is set to run an entrepreneurship program for both current and aspiring upcycling startups through November, the Seoul Design Foundation said on Tuesday.

Held from 3 p.m. to 5:30 p.m. on the third Thursday of each month at the building’s fifth floor in Seongdong District, central Seoul, the program aims to guide upcycling startups step-by-step from idea development and branding strategies to mass production and investment pitching.

Participants will also have the opportunity to receive personalized one-on-one mentoring from industry experts.

A “Demo Day” will be held on the last day of the program, where participants will present their business plans to a panel of investors and judges. The winning team will receive 1 million won ($660), while two runner-up teams will each receive 300,000 won.

The program is open to anyone interested in the upcycling business and sustainable brands. More information is available on SUP’s website.

BY SHIN MIN-HEE [[email protected]]