The president was speaking on September 15 at a ceremony to mark the launch of the Daegu Center for Creative Economy & Innovation (CCEI), a start-up incubator. During the speech she said, “The government will use the CCEIs as a catalyst to invigorate the domestic economy.
“The economy will be unable to develop further unless we meet the challenges of the changing world economy. For an economic take off, it is inevitable that we transform the economy into a more innovative economy,” said the president.
Park said that the centers will offer a space for "creativity." She mentioned that founders of world-leading firms such as Apple, Google or Amazon all started their businesses in a small garage or its equivalent. "The government will turn the CCEIs into spaces for firms and talented individuals so that they can communicate and cooperate. The CCEIs will become their 'garage of dreams' where their ideas can be realized and turned into new technologies and products and be developed into new businesses," said the president.
President Park Geun-hye (center) delivers congratulatory remarks during the launch ceremony of the Daegu CCEI.
“Daegu used to lead Korea’s textile industry. The city played a locomotive role in achieving the ‘Miracle on the Han.’ I believe Daegu should increase the pace of change as we shift toward higher-tech industries in order to rise again and to open the door to a brighter future,” said the president.
The Daegu CCEI is the first CCEI across the country, offering both financial services and office space to new one- or two-person companies. The Samsung Group has been contracted to provide mentoring services and various other support services at this center.
In the future, the government plans to set up CCEIs in a total of 17 locations nationwide, each in cooperation with a leading corporation. These centers will help individuals with business ideas to make their ideas come true and provide other various support services. Such services include the provision of funds to establish an office and staff, technology financing, crowd sourcing and the opening of new markets, all in cooperation with the leading corporations.
President Park Geun-hye (center) attends the tape-cutting ceremony for the Creative Lab, part of the larger Daegu CCEI, on September 15. The Creative Lab is where start-ups can test and develop their new technologies.
President Park Geun-hye (center) tries one of the products on display at the newly-opened Creative Lab, part of the Daegu CCEI, on September 15.
President Park Geun-hye (left) tries the smart TV application "3D Ocean," using both a smartphone and the smart TV to raise fish in a virtual reality aquarium.
President Park Geun-hye (right) learns about the construction of the Daegu Creative Economy Complex on September 15.
Students from Yeungjin College in Daegu welcome President Park Geun-hye (right) as she enters the meeting venue.
President Park Geun-hye listens to an explanation about solar energy modules and power generation devices from a student of Yeungjin College in Daegu.
By Yoon Sojung
Korea.net Staff Writer
Photos: Cheong Wa Dae
arete@korea.kr
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