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Grant Award View - GA204563

An Incubator for Global Start-ups in Australia and Korea

Contact Details

Lucy Ryan

:
0262611111

:

GA ID:
GA204563
Agency:
Department of Foreign Affairs and Trade
Approval Date:
2-Nov-2021
Publish Date:
7-Dec-2021
Category:
Public Diplomacy
Grant Term:
10-Jan-2022 to 25-Feb-2022
Value (AUD):
$22,000.00 (GST inclusive where applicable)

One-off/Ad hoc:
No
Aggregate Grant Award:
No

PBS Program Name:
DFAT 20/21 Program 1.6 – Public Information Services and Public Diplomacy
Grant Program:
Australia-Korea Foundation
Grant Activity:
An Incubator for Global Start-ups in Australia and Korea
Purpose:

The project aims to educate future entrepreneurs to identify potential business opportunities in Australia and Korea by supporting the collaboration of creative individuals in the two countries. The project includes seminars and team-based collaborative workshops that are designed to enhance the understanding of each country’s cultural and business environment and the entrepreneurial process through which an idea transforms to a business. Participants will be a group of selected students from The University of Newcastle and Ulsan National Institute of Science and Technology (UNIST), and they will be asked to develop a new business which will target either or both Australian and Korean market. This project will provide the participants with a unique opportunity to collaborate in a global team. A pitch competition will be held as a culminating event of the project. In the competition, participants will present their business model to a panel of external judges. The University of Newcastle and UNIST have the capability to provide outstanding quality education and training for fostering an entrepreneurial mindset and practical tools that participants will need to successfully manage the process of developing a global venture.


GO ID:
GO Title:
Australia-Korea Foundation 2021 Grant Round
Internal Reference ID:
AKF202102
Selection Process:
Open Competitive

Confidentiality - Contract:
Yes
Confidentiality Reason(s) - Contract:
Privacy Act 1988
Confidentiality - Outputs:
Yes
Confidentiality Reason(s) - Outputs:
Privacy Act 1988

Grant Recipient Details

Recipient Name:
University of Newcastle
Recipient ABN:
15 736 576 735

Grant Recipient Location

Suburb:
Callaghan
Town/City:
Callaghan
Postcode:
2308
State/Territory:
NSW
Country:
AUSTRALIA

Grant Delivery Location

State/Territory:
NSW, Overseas
Postcode:
Multiple
Country:
AUSTRALIA, KOREA, REPUBLIC OF

Contact Details

Lucy Ryan

:
0262611111

: