Incheon TP Launches Startup Leap Package Project... Close Support for 34 Promising Startup Companies

[Asia Economy Reporter Hyesook Park] Incheon Technopark (Incheon TP) has selected 34 startup companies with high potential for innovative growth and will provide close support.

Incheon TP announced on the 9th that it has finally selected 10 innovative growth companies and 24 scale-up companies from among 169 companies that applied for support through the 'Startup Leap Package Commercialization Support' contest, held recently in collaboration with the Ministry of SMEs and Startups, the Korea Institute of Startup & Entrepreneurship Development, and Incheon City.

Accordingly, startup companies in the leap phase (3 to 7 years since establishment) will be supported with up to 700 million KRW, including 300 million KRW for commercialization funds and 400 million KRW for research and development (R&D) funds, to aid their growth.

Additionally, customized specialized programs such as investment diagnosis and strategy formulation, domestic and international crowdfunding consulting, promotional video production, corporate growth clinics, networking among startup companies, video content production and promotion channel establishment, and mentoring will also be provided.

An Incheon TP official stated, "We plan to help startup companies in the leap phase overcome difficulties encountered during the commercialization process," adding, "Through commercialization support such as technology advancement, we aim to help companies catch two rabbits: increased sales and accelerated growth."

Meanwhile, Incheon TP, which has been continuously selected as the lead institution for the government's 'Startup Leap Package Support Project' since 2010, has supported a total of 324 companies so far, achieving good results and being recognized as an excellent institution, thereby establishing itself as a leading organization in startup support.

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