event
The hot topic of the day was from KOLON group (Chairman Lee Oung Yeol) and its decision to hold a contest exhibition specifically aimed at KAIST students, professors and staff on ideas that could potentially change the everyday lifestyle in the near future. It is the first time a Korean company in the top 30 to hold such a contest aimed at a specific university.
The total prize money involved amounts to 50million Korean Won which will be handed out to ten teams. The 1st prize will be given to one team along with 20million Korean Won, the 2nd prize will be given to two teams each receiving 10million Korean Won, and the rest of the teams will be given 1million Korean Won worth in gift certificates.
The idea contest is planned by KOLON-KAIST Lifestyle Innovation Center (from here on referred to as KOLON LSI Center). Anyone who is part of the KAIST community can participate by preparing a two A4 page report and sending it to kolon.kaist.dreamer@gmail.com until October 31st five o’clock in the afternoon. The results and the awards ceremony will be held on the 23rd of November on ‘KOLON Day’.
The Executive Director of KOLON Kim Kyung Yong commented, “The dreams of yesteryears like shrinking a room sized computer to fit in the palm of my hand and being able to communicate to anyone in the world have become reality. The KAIST community is composed of Korea’s finest in the field of Science, and it seemed fitting to search the KAIST community to find ideas that could potentially change the world in ten years’ time.”
