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Closed agreement with the Yozma Group, the driving force of Israel's creative economy

  • Views 1199
  • Writer 커뮤니케이션팀
  • 보도일자 2014-08-19

President Sun hye Hwang of our university and founder and managing partner Yigal Erlich of the Yozma Group closed the academia-industry cooperation agreement at the administrative building on campus on July 25. The agreement stated that the two parties would support students of the university who dream of becoming young CEOs, and activate creative economic activities.


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The Yozma Group is the company that established and operates the Yozma Fund that created the venture ecosystem of Israel in the 1990s and spread entrepreneurship culture. It started with a scale of 100 million dollars in the early stages, but has now grown to 4 billion dollars (in 2013), and has received a lot of attention in Korea as a model creative economy. Yozma is Hebrew for creativity, originality and establishment.


According to the agreement with the Yozma Group, our university decided to start an internship program based on exchange with mentors, entrepreneurs and students, etc., and host seminars and online meetings on entrepreneurship. In addition, the decision was made to jointly aid a project to recommend and support entrepreneurs for angel investments, venture capital and overseas investments.



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Our university was the only women's university that was selected as a host of the Entrepreneurship Center operated by the Small and Medium Business Administration, and is expected to spread entrepreneurship within the university and further strengthen employment support of students together with the Yozma Group. President Sun hye Hwang said, "We will focus on establishing an entrepreneur-friendly education environment based on existing support organizations such as the Entrepreneurship Center, the Establishment Support Center and Establishment Information Center."