In May, two major intramural contests were held at POSTECH. For students to understand actual business by virtually managing an enterprise and to reinforce their entrepreneurial spirit by amalgamating their major and administration, POSTECH Entrepreneurship Education and Development Center (POSEED) and POSTECH Entrepreneurship Center (PEC) held the Company Management Simulation Competition on May 22 at Engineering Building # 4. Students participated as teams, and each team member assumed a particular role of a company. The winning team’s name is “Pioneer”, and the representative of the team is Kim Cheol (IME 10).
In addition, PEC held the POSTECH Business Idea Contest on May 28 at POSCO International Center. The purpose of the contest was to foster students’ entrepreneurship and invigorate startups. Students participated as teams, and proposed innovative business ideas. The grand prize was awarded to Hyunjun Kim (IME 11), Ingyo Jeong (IME 11), Jaechun Choi (IME 11). Their business idea is “Food Rush”, which is selling food products whose expiration date is impending at low prices.