On September 6 (Tue) at 4:00 PM, Korea University Business School held “The Opening Ceremony of Renovated KUBS Main Building and KUBS Startup Institute.”
As KUBS Startup Institute, a platform for nurturing entrepreneurs, lies on the second floor of the KUBS Main Building, Korea University Business School also carried out extensive renovation work at KUBS Main Building for the first time in 14 years. Iljin Group and Dongwha Group donated 2 billion won and 1.5 billion won, respectively, adding up to 3.5 billion won in total. Following the principles of the donors, “Iljin Center for Startup Incubation” and “Seung Myung-Ho Center for Entrepreneurship Education” are built in KUBS Startup Institute. The Iljin Center for Startup Incubation will act as a foothold of the business incubation, networking, and startup competition, which selects business with a high-potential, whereas the Seung Myung-Ho Center for Entrepreneurship Education aims to provide integrated startup education.
A grand opening ceremony was held from 4:00 PM to 5:00 PM. The event was attended by approximately 170 guests, including △Jaeho Yeom (president of Korea University), △Hak Soo Lee (president of KU Alumni Association), △Wan-Bae Rha (president of KUBS Alumni Association), △Dong-One Kim (dean of Korea University Business School), △Professor Emeritus Ik-Soon Cho, △Professor Emeritus Dong-ki Kim, △Professor Emeritus Soo Sik Sin, △Sang Il Lee (president of Iljin Global), △Seung Yu Kim (chairman of Hana Academy Seoul), △Yoon-dae Euh (former president of Korea University), and △Myung-Ho Seung (president of Dongwha Group), etc.
The event began with an inauguration followed by △progress report of KUBS Main Building and KUBS Startup Institute, △KU President Jaeho Yeom’s address, △KUBS Dean Dong-One Kim’s welcoming remarks, △Hak Soo Lee’s congratulatory remarks, △Wan-Bae Rha’s congratulatory remarks, △Presentation of appreciation plaque, and △Tour.
“Korea University has always been a trailblazer to find the key for development of the community,” President Jaeho Yeom said in his address. “The current industry structure gradually shifts into artificial intelligence and big data. All of that being said, we will do our absolute best to provide full support to students through KUBS Startup Institute so that they can become intellectuals pioneering new fields.”
Dong-One Kim, Dean of Korea University Business School
“As renovated KUBS Main Building is newly opened along with a grand-opening ceremony of KUBS Startup Institute, our college once again steps forward to the next level” KUBS Dean Dong-One Kim said. “The KUBS Startup Institute, which is a platform for entrepreneurship and innovation, will be an institute that leads a new paradigm in education.”
Hak Soo Lee, President of KU Alumni Association
Wan-Bae Rha, President of KUBS Alumni Association
“Korea University Business School has always been pioneered a new path throughout the last 111 years,” said Hak Soo Lee, president of KU Alumni Association. “Our KUBS students will pursue creative ideas, which can possibly open a new era, and develop a new economic model by lessons learned from KUBS graduates.”
“Congratulations for successfully completing a newly built institute where future talents will be produced,” Wan-Bae Rha, who is president of KUBS Alumni Association, said. “I hope KUBS will achieve its ultimate vision of becoming No. 1 in Asia by supporting practical and creative educational activities.”
Sang Il Lee, President of Iljin Group
Myung-Ho Seung, President of Dongwha Group
KUBS presented appreciation plaques to donors, President Sang Il Lee and President Myung-Ho Seung, to express their deepest gratitude. “I did what I supposed to do as a KUBS alumni,” President Lee said. “I hope many entrepreneurs will be produced at KUBS, and they will contribute to Korea and world economy in the near future.”
“I decided to join this project because I believed this is a great opportunity for young KUBS students to challenge themselves,” President Seung explained. “I look forward to the institute’s prosperity and development.”
After the event, the guests toured around the renovated KUBS Main Building and KUBS Startup Institute. Afterwards, SoftBank Ventures Korea CEO Gyu-hak Moon delivered his keynote speech, “Korea University! Become a University with Entrepreneurial Spirit!”
