Ministry of Land, Infrastructure and Transport Hosts Awards Ceremony for 'Content Development' Contest from Architectural Data to Startups

[Asia Economy Reporter Inho Yoo] On the 7th, the Ministry of Land, Infrastructure and Transport will hold an awards ceremony for the ‘Building Information Mobile Service Content Development Contest’ jointly with the Korea Real Estate Board at the Sejong Government Complex.

This contest was organized to discover private data industry models utilizing building information held by public institutions and to promote the startup of various sprout companies that combine architecture and information communication technology.

A total of 53 teams participated, and after proposal document screening and final evaluation, seven award-winning works were selected, including 1 Grand Prize, 1 Excellence Award, 2 Merit Awards, and 3 Encouragement Awards.

The Grand Prize (Minister of Land, Infrastructure and Transport Award) was awarded to the team ‘KiWa (Kim Sujeong and one other)’ for their work ‘Integrated Service Providing Building Industry and Commercial District Information, MoaMoa Sangkwon.’ This work received high praise as a Prop Tech-related service that combines building and commercial district information to analyze business location conditions and check expected sales information. Prop Tech is a term combining property and technology, referring to real estate services integrated with advanced IT.

The Excellence Award (Korea Real Estate Board President Award) was given to ‘Ddookddakideul (Yoo Hyunyoung and four others)’ for their proposal ‘wheelmap,’ an AR building information service for wheelchair users.

The Merit Awards were given to ‘Ilisao (Hong Sohyun and three others)’ for their ‘Building Information Sharing Platform Service for Entrepreneurs, ‘Geonmulsup’ and ‘Gongui-jeok (Ha Hyerim and three others)’ for their ‘Public Space Sharing App, Gong:Gonggong.’

The winning teams of this contest will receive certificates and prize money (totaling 10 million KRW). All awardees will receive additional points in the document screening stage for building-related fields when applying for new employee recruitment at the Korea Real Estate Board. The Grand Prize winner will be provided with a startup support center.

The selected content will be pilot-applied to the ‘Smart Building Information Mobile Service,’ which the Ministry of Land, Infrastructure and Transport and the Korea Real Estate Board are jointly developing and plan to introduce next month, so that the public can directly use the service.

Kim Sangmun, Director of Building Policy at the Ministry of Land, Infrastructure and Transport, said, “This contest was prepared to activate startup creation of sprout companies such as Prop Tech through public data related to buildings,” and added, “We will spare no support and effort to revitalize the data economy so that it can lead to strengthening the competitiveness of the construction industry.”

This content was produced with the assistance of AI translation services.