Chung-Ang University finally won the 2020 Central University for Entrepreneurship Education Project hosted by the Ministry of Education on Wednesday, April 29.

The Central University for Entrepreneurship Education Project is designed to select universities with the ability to support other educational institutions in the same district with their resources and develop and promote a leading model for entrepreneurship education.

CAU has formed a consortium with Gangneung-Wonju National University, Daejeon University and Hanbat National University and this consortium will receive 750 million won of government grants for 3 years (2020~2022). The fund will be used to strengthen universities’ entrepreneurship education capability, advance entrepreneurship education, build and expand networks between universities.

“I am very pleased that CAU was selected as one of the central universities for entrepreneurship education. I will do my best to make CAU create synergistic effects with other institutions as the hub of entrepreneurship education of universities in central regions,” said Kim Jeong-in who is in charge of the planning and operation of startup management under the Industrial-Academic Cooperation Foundation.

President Park Sang-gue said, “On the occasion of our university being selected as a central university for entrepreneurship education, I will actively support CAU to advance its entrepreneurship education system and take a leap towards becoming a start-up hub. To that end, we will establish a startup support platform where students receiving entrepreneurship education get help from school to start and grow their business and commercialize their ideas.”

Consortiums selected by the Ministry of Education for the 2020 Central University for Entrepreneurship Education Project are as follows: CAU consortium in the central region and Yeungnam University consortium (Gunsan University, Busan Foreign University, POSTECH) in the southern region.