HF Holds the Innovative Idea Competition

Korea Housing Finance Corporation (HF, CEO Kim Jae-Chun) said on the 1st that it will hold an idea competition for creative housing finance ideas. 

The competition calls for ideas on ▲ social innovation (ideas to resolve a social issue using HF services) and ▲ institutional innovation (ideas to publish and utilize public data). All Korean citizens are invited to compete by submitting their ideas on the Event Page of the HF webpage (www.hf.go.kr) by December 20, 2017. 

According to the judging criteria of social value and feasibility, HF will select ▲ one Grand Prize winner (300,000 won in prize money), ▲two Excellence Award winners (200,000 2on in prize money), and ▲two Participation Award winners (100,000 won in prize money). The winners will be announced on the HF website and also individually notified of the results in December.

An HF official said, “This competition aims to reflect the public's ideas on our efforts to pursue open innovation. As demonstrated in the slogan of this competition, 'the world we build together,' we hope a large number of citizens can participate in the competition.”