Pohang City Small Giant Special Zone, Leaping as a Hub for 'Technology Transfer Commercialization'

Special Zone Promotion Foundation selects 35 companies from nationwide small strong special zones... Pohang leads with 10 companies

[Asia Economy Yeongnam Reporting Headquarters Reporter Dongwook Park] Pohang City, Gyeongsangbuk-do announced on the 10th that 10 companies from the Pohang Small Giant Special Zone were selected for the 'Technology Transfer Commercialization' (R&BD) contest project, one of the core projects of the Research and Development Special Zone Promotion Foundation.

The Pohang Small Giant Special Zone produced 10 companies, accounting for 30% of the 35 companies selected nationwide, raising expectations in the local economy that it can become a leading hub for technology transfer commercialization.

The Technology Transfer Commercialization project is integratedly promoted by the Research and Development Special Zone Promotion Foundation, which handles project announcements, evaluations, and selections for six Small Giant Special Zones nationwide. The foundation allocated a budget of 2.6 to 3 billion KRW to each Small Giant Special Zone. Pohang Small Giant Special Zone receives a budget of 3 billion KRW this year.

In this first half project, among 17 companies that applied from Pohang, 10 companies related to the specialized fields of the Pohang Small Giant Special Zone, such as advanced new materials (bio, energy, nano), including ㈜BioPharma, the first research institute company in the Pohang Small Giant Special Zone, were selected.

The selected companies will receive up to 200 million KRW as new project support funds. If they apply for and are selected in the follow-up advancement project next year, they can receive an additional support fund of up to 300 million KRW.

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