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Korean middle school students who participated in a venture program made donations to KAIST.
“Mending”, a startup founded by Korean middle school students, donated 10 million won and the education supplier “Edubox” contributed 100 million won to the IP Education Center for Young Venture Candidates at KAIST.
The donations were made at the IP Education Center’s 3rd graduation ceremony on February 14th at KAIST.
Mending was started by three students in the IP Education Center in 2013. This startup features volunteering through talent sharing and other educational endeavors. It received voluntary donations from supporters of the programs.
Hee-Yon Yon, the co-president of Mending, said, “We have developed a new concept of business and showed profit can be made through donations and sharing”.
Edubox responded to the visions of Mending and added to the donation for additional development of the IP Education Center.
The KAIST IP Education Center for Young Venture Candidates was founded with the support of KIPO (Korean Intellectual Property Office) and KIPA (Korea Invention Promotion Association) in 2009. The curriculum consists of Intellectual Property, Entrepreneurship, Future Technology and Humanities. Eighty students are selected for the program every year and 200 students have successfully completed the program.
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