MSS’s Everyone’s Startup 2nd Cohort to Support 10,000 People With AI
AI TIMES ·
✦ AI Summary
According to AI TIMES, the Ministry of SMEs and Startups held the launch ceremony for the second cohort of the 'Everyone’s Startup Project'…
According to AI TIMES, the Ministry of SMEs and Startups held the launch ceremony for the second cohort of the 'Everyone’s Startup Project' on October 20 and officially began startup support for 10,000 people, linking funding, mentoring, and AI solutions. More than 93,000 people applied for this round, confirming stronger-than-expected demand for entrepreneurship. The program focused on helping even challengers with little startup experience or resources turn ideas into concrete businesses. By including AI in the support system, it aimed to ease the practical burden of preparation and commercialization, while also strengthening links with mentoring organizations. As the previous cohort produced results such as attracting investment and filing patents, attention is now on whether this round can likewise improve market-entry prospects. The article, however, noted that success will depend less on the size of the support package itself than on how much practical help it delivers on the ground.
Perspective
The core of this program lies in shifting startup support away from simply selecting participants and toward lowering barriers in the execution process. In particular, the approach of combining AI with mentoring can be seen as an effort to reduce the vagueness of the idea stage and speed up commercialization. In the end, it sends a signal that in the startup ecosystem, the quality of support that keeps a venture from losing momentum matters more than simply attracting more participants. If this program demonstrates that connection, startup policy may also shift its standard from scale to sustainability.
This perspective is BizCrush's own commentary and is not part of the reporting by AI TIMES.
This article was produced with the help of an automated content generation algorithm.
Source: AI TIMES
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