Design Promotion Institute Selects 20 Companies as '2020 Excellent Design Specialized Enterprises'
Support for Enhancing Global Competitiveness
[Asia Economy Reporter Kim Daeseop] The Korea Institute of Design Promotion announced on the 14th that it has selected 20 '2020 Excellent Design Specialized Companies.'
The selection of these excellent design specialized companies (8 leading companies and 12 promising companies) was made through document evaluation and face-to-face presentation assessments. The Institute of Design Promotion selects excellent design specialized companies annually to encourage the strengthening of domestic design specialized companies' capabilities and to help them grow into globally competitive enterprises.
Selected companies acquire the mandatory qualification to apply for government awards in the Korea Design Awards (specialized company category). They also receive preferential treatment in support projects from the Ministry of Trade, Industry and Energy and the Ministry of SMEs and Startups. The selection qualification is valid for two years.
The design specialized company registration system has been in operation since 1992. It is a system that certifies design companies with a certain level of sales performance and specialized personnel. Currently, about 8,950 companies are registered.
This year marks the 11th selection of excellent design specialized companies. From 2008 to the present, a total of 148 companies (excluding duplicates) have been selected. The company with the most selections is CDRAssociates Co., Ltd., which has been selected seven times in total.
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Yoon Juhyun, President of the Korea Institute of Design Promotion, said, "We provide opportunities to develop overseas sales channels through DK Shop to help design companies enter the global market." He added, "We are also striving to create a fair trade environment by operating the Design Integrated Civil Service Center, providing design fee standards, standard contracts, and copyright protection to foster a good environment for design."
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