The Korea Times

Jeonbuk National University secures $183.9 mil. in state-funded projects over three years

Jeonbuk National University has secured a combined 286.8 billion won ($183.9 million) in government-backed industry-academia collaboration projects under the Glocal University 30 initiative over the past three years, the university said Friday. The large-scale funding is accelerating the school’s efforts to build the Jeonbuk University-Industry-City (JUIC) Triangle, which connects its campuses in Jeonju, Wanju, Iksan, Jeongeup and Saemangeum in North Jeolla Province with local industries to create a regional innovation model. The achievement demonstrates how the Glocal University 30 project can foster shared growth between universities and local communities. It is the result of Jeonbuk National University’s efforts to establish a robust industry-academia-research collaboration framework in line with local authorities’ industrial development strategy. The government-led initiative is designed to support 30 universities located in nonmetropolitan areas. “Glocal” is a portmanteau of “global” and “local,” signifying a dual push for globalization and localization. “We will