IBK Industrial Bank of Korea is working with South Korea’s Education Ministry and nine regional national universities to support commercialisation of university-held innovative technologies and foster regional startups. The bank signed a multilateral agreement on July 28 to promote technology transfer and business development and to support the growth of university startups. It will build a cooperation framework for investment links and identifying promising local firms, and pursue matching commitments to a dedicated fund for research- and technology-based startups.

Dunamu\'s Web3 and cybersecurity talent program, Upside Academy, is marking its second anniversary and producing security hires at major IT companies, including Samsung Electronics, Dunamu and others, the company said on Wednesday. Since launching in July 2024, it has selected 72 trainees across four cohorts with average competition of 15 to 1. Dunamu said 63 percent of graduates found jobs and the program has expanded a university credit-link system to eight schools.