Seoul City Calls for Participants in 'Sustainable City' Transition Experiment... Applications Open Until the 31st

Support up to 100 million KRW

[Asia Economy Reporter Lee Hyun-joo] The Seoul Metropolitan Government announced on the 4th that it will recruit participants for the citizen-led urban transition lab experimental project for the first time this year, aiming to transform from a consumption-centered city to a production city.

This project is an experiment to create a sustainable ecological environment city, circular economy city, and sharing city Seoul, following the declaration of "Fab City Seoul" at the "Fab City Paris Summit" in July 2018. Based on citizens' ideas and execution capabilities, industry-academia's technological skills and information, and the city's financial support, the plan is to create a circular economy in regional hubs and build an ecologically and environmentally sustainable and resilient Seoul. Fab City is an international movement aiming to increase local productivity and share data such as technology, knowledge, and information worldwide, transitioning into a self-sufficient city.

The city evaluates project plans and provides differential support of up to 100 million KRW per project. This year, with a total budget of 500 million KRW, 5 to 8 projects will be selected. Support of up to 20 million KRW for preliminary research and up to 80 million KRW for experimental execution will be provided based on the scale of the experiment and contribution to urban transition.

Organizations or companies wishing to participate can submit application forms and business plans using the Seoul City Subsidy Integrated Management System from the 23rd to the 31st.

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