City Administration Plans

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Information as of 21 Feb, 2017

We shall promote an ‘economy of hope’ to enable young people to achieve self-realization.

1. Foster creative professional young people to strengthen the economic foundations of the future

Creative professional young people <No. of people>

Foster creative professional young people to strengthen the economic foundations of the future

  • Promote industry-university cooperation, foster talent systematically -Creation academy, campus, CEO, etc.
  • Link to universities and research institutes in Northeast Asia, create a hub of mobile industries -Universities in Northeast Asia, KIST, Seongsu IT Zone, etc.
  • Foster smartphone application specialists with civil-governmental cooperation
  • Develop historical and cultural content products, foster creative specialists

2. Explore and foster Seoul-style futuristic innovative jobs

Explore ideas→Support commercialization →Link to programs→Support inter-industry collaboration

  • Establish a hub center for youth employment – Explore ideas for jobs and support commercialization

3. Support young people’s business incubation systematically

Enterprises created by young people <No. of enterprises>

Support young people’s business incubation systematically

  • Stage of business incubation – Select and support potential young entrepreneurs with fresh ideas
  • Stage of market entry – Develop joint brands, and strengthen enterprises’ marketing and viability
  • Stage of growth – Expand number of sales channels and operate revival programs for failed enterprises in a bid to support viable enterprises

We shall create good jobs based on sharing and collaboration.

1. Support the creation of good, sustainable jobs

  • Procure a social investment fund of 300 billion KRW (public sector: 150 billion KRW, citizens’ small investment: 150 billion KRW) – Support funds for social enterprises, village enterprises, and youth venture enterprises
  • Manage Seoul,style microcredit of 20 billion – Provide small financial service without guarantee to self-employed people merely earning their livelihoods and jobless people
  • Adopt employment subsidies and an employment encouragement fund for urban manufacturers (staff of under ten people)

2. Prepare viable growth foundations for village enterprises and social enterprises

Communities

Communities

Village enterprises <No. of enterprises>

Village enterprises <No. of enterprises>” src=”http://english.seoul.go.kr/wp-content/uploads/2014/02/01_policy_04_06.jpg” style=”cursor: default;”>
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  • Foster civil organizations for the creation of community foundations ► Activate village enterprises
  • Operate development centers for social enterprises ► Provide support tailored to each stage of growth

3. Improve labor conditions to establish a social culture in which labor is respected Worker

Improve labor conditions to establish a social culture in which labor is respected Worker

  • Convert part-time jobs into full-time jobs in the public sector: Devise measures in 2012 – Private sector: Offer guidelines for standard agreement and incentives to improve the employment structure
  • Expand the rights protection program for marginalized workers – 25 labor welfare centers, 75 civil labor ombudsmen