Hana Financial Group and the Ministry of Employment and Labor (MOEL) are joining forces with 30 regional hub universities nationwide to launch a large-scale entrepreneur discovery project aimed at addressing regional decline and creating jobs for young people. Here, we have organized the key information and benefits that aspiring entrepreneurs may want to know about the 5th recruitment round of 'Hana Social Venture University.'
Q1. What is the background and purpose of launching 'Hana Social Venture University'?
It was launched to overcome the crisis of local extinction caused by young talent leaving for the Seoul metropolitan area and to nurture 1,500 entrepreneurs who will help revive regional economies through universities as hubs. By leveraging the infrastructure of 30 hub universities nationwide, it is the country's first linked training program designed to create youth jobs and solve local community problems through business.
Q2. Are there any eligibility requirements or special preferences for applicants?
Any young individual or team between the ages of 15 and 34 may apply. In particular, priority will be given to aspiring entrepreneurs who aim to build sustainable business models using local resources or who show a strong commitment to solving community problems.
Q3. Can people apply even if they are not students at the participating universities or do not live in the region?
Yes. The program uses the infrastructure of hub universities, but it does not restrict applicants by affiliation or place of residence. Even if they are not enrolled students, participants can choose a hub university in the region where they want to carry out entrepreneurial activities from among 30 universities in five regions nationwide.
Q4. What does the entrepreneurship education curriculum look like, and can participants receive practical help?
The program offers hands-on training that teaches the know-how of current entrepreneurs. Over one month of basic training, participants will conduct MVP tests to verify the market potential of their ideas. After that, one-on-one coaching and an advanced curriculum will further maximize the feasibility of turning the business into reality.
Q5. What specific benefits do participants receive?
To support aspiring entrepreneurs who lack initial capital, the program provides bold, step-by-step assistance. Upon completing the advanced training, all participants receive an allowance of 500,000 won, and selected outstanding teams are immediately given 3 million won in support funds. Winning teams at the final performance-sharing event will receive a total of 150 million won in prize money, awarded on a tiered basis.
Q6. What follow-up support is available if a team is selected as an outstanding team during the training program?
Beyond simple completion, the program provides professional acceleration support so teams can establish themselves as real companies. It offers a two-night, three-day 'Start Camp' and industry-specific training, while post-program management such as startup space support and investor networking is closely provided to speed up business growth.
Q7. In which regions are the 30 hub universities located?
The program has built an entrepreneurship network spanning five major regions nationwide. Seven universities in the Seoul metropolitan area, seven in the Chungcheong region, seven in the Yeongnam region, eight in the Honam region, and one in the Gangwon region are participating as hub universities. Through this network, participants can directly experience the resources and characteristics of each region and incorporate them into their businesses.
Q8. What is the application deadline and the overall schedule going forward?
Applications must be submitted by 11:59 p.m. on Wednesday, May 27, and final selections will be announced after screening in June. Selected teams will complete intensive training by July. The outstanding teams chosen afterward will receive follow-up support and coaching through November, and then take part in the final performance-sharing event in November.
In one line: "Do you perhaps have the 'imagination' in your mind that could change the future of your region? Turn your imagination into reality at 'Hana Social Venture University,' the ultimate local entrepreneurship program prepared by Hana Financial Group and 30 universities!"