Suwon Special City Establishes Support System to Create 'Startup City Suwon'

[Suwon Ilbo=Reporter Jung Jun-seong] Suwon Special City is embarking on creating 'Startup City Suwon' by establishing a support system that connects the entire startup process from idea discovery through startup space, consulting, investment, to business growth.

On the 30th, the city held a 'Comprehensive Plan (Master Plan) Stakeholder Meeting for Creating Startup City Suwon' in the City Hall conference room to discuss the comprehensive plan.

The meeting was attended by 21 participants including Mayor Lee Jae-jun, heads of related departments, officials from the Suwon Urban Development Foundation and Suwon Research Institute for Municipal Administration, startup support groups from universities, startup and investment experts, and business leaders.

Participants shared mid to long-term implementation directions through 2035 covering startup talent cultivation, startup business growth, investment expansion, and innovative business development. They then exchanged opinions on the roles of each department and institution, public-private cooperation systems, and startup support measures reflecting on-site needs.

The comprehensive plan focused on organically connecting necessary support from the startup preparation stage through the business growth process. The key is to build an ecosystem where startups can settle and grow in Suwon by linking startup spaces, consulting and investment support, and exchanges between businesses and investment institutions.

Since the current administration took office, the city has expanded startup support spaces and created investment funds for startups, broadening the startup foundation. It has also continuously provided opportunities for startups, established businesses, investment institutions, and relevant organizations to interact.

The plan is to supplement the comprehensive plan by reflecting opinions presented by experts and business leaders, and to prepare implementation measures for creating a startup city in phases.

Mayor Lee Jae-jun said, "Based on the opinions presented today, I will create a comprehensive plan that becomes tangible support for those considering startups," and "I will build a city that steadily backs all startup processes from idea discovery through investment and growth."