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New Year's Greeting Ceremony Held on January 2nd
The year 2014 is the Year of the Wooden Horse in Chinese astrology: A dynamic (Horse) and prosperous (Wood) New Year to all at KAIST! President Steve Kang hosted a New Year’s greeting ceremony on January 2 nd at an auditorium on campus and gave a keynote speech on major administrative policies and academic programs to take effect for the year 2014. K-Valley and End-Run projects, as well as a review of efforts to decentralize the academic system in order to grant colleges and departments more autonomy in their operation of education and research programs were among the few discussed. The K-Valley project will help KAIST and its neighboring research complex, the Daedeok Innopolis, build a leading multi-layered, innovative cluster of startups and new businesses in Korea through close collaborations among university, research institutes, and industry. The End-Run is a project to attract global investors and companies to Korea that will capitalize on the highest quality talents and technologies developed by KAIST. President Steve Kang said that he would continue the last year’s campaign to make the campus “happier” throughout this year, encouraging members of the KAIST community to trust and respect and communicate better with each other.
Venture Incubation Program: "Startup KAIST"
Making KAIST’s research accomplishments accessible outside the university to benefit Korea and beyond, as well as spurring the process of knowledge and technology transfer between academia and industry KAIST launched a new business incubation program, called “Startup KAIST,” to support the growth of venture companies in late November 2013. The program fosters a spirit of innovation and entrepreneurship on campus while advancing the development and commercialization of new discoveries and technologies made at the labs of the university. Startup KAIST promotes entrepreneurship culture among faculty, students, researchers, and alumni; supports the full cycle of a startup ecosystem from the introduction, growth, maturity, and liquidation of new companies; encourages the development of globally sustainable startups; and collaborates with the Daedeok Innopolis, the largest science and technology research, development and business complex in Korea that is located adjacent to KAIST in Daejeon, to expand the startup program to the nation and the global community. Under the program, the Startup KAIST Studio will be established. The entire third floor of the Education Support Building on campus is dedicated to startup activities where aspiring entrepreneurs come to network, develop new ideas and innovations, and share information and knowledge. With a total of 24,000 square feet space, the Studio has neither partitions nor cubicles, thereby promoting open communication. It has seminar rooms, a high-tech-equipped conference room, an exhibition hall, offices, and cafés. The Startup Studio will be available for use from March 2014. In addition to administrative services, Startup KAIST will offer a variety of courses, forums, and conferences on such subjects as entrepreneurship, technology management, intellectual property, and venture capital, along with training and mentoring programs on how to organize a company, secure funding, and pursue entrepreneurial visions. Seeking active collaborations with alumni, industry, and other science and technology universities through Startup KAIST, the university will redouble its endeavor to form early-stage venture companies. Seasoned professional coordinators or volunteering entrepreneurs will stay at the Startup KAIST Studio to provide timely support for members of the KAIST community. President Steve Kang said, “Startup KAIST is a one-stop service to create a new, strong company, small and medium size in particular, around innovations and disruptive technologies developed at KAIST and its adjacent research complex, Daedeok Innopolis.”“One of the important roles assigned to a research university today is to become a catalyst for knowledge and technology transfer among society, industry, and academia, upon which the advancement of humanity can build. KAIST will become a sounding board for engineers and scientists aspiring to launch a venture company to address their questions and concerns and to guide them through the startup process,” President Kang explained the need for implementing the Startup KAIST program. Inside of the Startup KAIST Studio
KAIST tech-clinic center opens
- Consists of total 124 staffs including KAIST professors, experts from state-run institutes in Daedeok Innopolis, etc. - Introduce the patient treatment system of general hospitals and provide the services of diagnosis, treatment, and later management of small and medium-sized venture enterprises A tech-clinic center is opened in KAIST to solve technical problems of enterprises in Daedeok Innopolis. KAIST (President Nam Pyo Suh) and Daedeok Innopolis (President&CEO In Chul Park) held the opening ceremony of ‘Daedeok Innopolis-designated KAIST tech-clinic center’ at the High-tech Venture Hall in KAIST, 5:00 p.m. Monday, August 28. KAIST tech-clinic center consists of total 124 staffs including KAIST professors and researchers, experts from state-run institutes in Daedeok Innopolis, etc. The staffs will take charge of general diagnosis and treatment in the fields of Information Communication, BioTechnologies, Nano-Technologies, Environmental Engineering, Management, Design, and so on. The tech-clinic center, upon the request by small and medium-sized enterprises, will dispatch the staffs in the corresponding field to check the state of the enterprises and provide assistance to solve problems in technology development and researches. The center plans to transfer technologies that enterprises need and solve long-term tasks through joint/ entrusted researches. The center will also perform treatments in the fields of management, law, and accounting of enterprises in association with company founding and management consultation project, which is being promoted by Daedeok Innopolis. Unlike the existing consulting institutes that put a high value on consultation, the center is featured with its distinguished way of running that it will analyze the causes of problems, find fundamental solutions, and perform even later management. An official from KAIST said, “Considering various circumstances, it’s not easy for individual enterprises to find suitable experts in the corresponding fields and request proper solutions to settle their problems. That’s the reason why KAIST has promoted this project. KAIST hopes many enterprises in Daedeok Innopolis based on the cutting-edge technologies will gain substantial assistance from this center.” An official from Daedeok Innopolis said, “In order to provide practical supports, the treatment will be carried out in preliminary/ routine/ expert phases. Also, it is planned to strengthen regular omnidirectional support services for enterprises in association with the internet web call center, etc.”
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