[HUFS POWER] HUFS students wins the '2021 KOICA INNO-Lab B'
[HUFS POWER] HUFS students wins the '2021 KOICA INNO-Lab B'
  • HUFSNEWS
  • 승인 2022.01.26 15:47
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Team SU-preme of HUFS students Park Min-Soo (Hindi, entry class of ‘16) and Yoon Byung-Soo (Economics, entry class of ’19) won the semifinals of the INNO-LAB B program hosted by the Korea International Cooperation Agency (KOICA).

The INNO-LAB B is a capacity building program for aspiring entrepreneurs, offering education on business models and coaching for startup aspirants and supporting them to enter a market and build business in the developing world. The program took place from October 7, 2021 (Thursday) to November 25, 2021 (Thursday). After the eight-week business model education and coaching, it honored outstanding teams with awards.

During the program, Team SU-preme developed a business model entitled “Mind-Fullness India,” which aims to create economic and social value by linking Indian women losing jobs in the wellness sector due to COVID-19 and the growing issue of mental health in our nation. With the business model, Team SU-preme took the second place, earning KRW 5 million in prize and a crowdfunding opportunity.

The team’s victory was possible thanks to the synergy of their local expertise and knowledge built from studying Hindi and Indian culture and their market analysis skills accumulated from studying Economics at HUFS. This represents the accomplishment of HUFS’s interdisciplinary education model.