National Water Industry Cluster Announces Contest for Promising SMEs in Water Sector... Support for 3 Years

[Asia Economy Reporter Kim Bo-kyung] The Korea Environment Corporation is conducting a contest for 'Promising Companies in the National Water Industry Cluster (Water Star Companies)' from the 2nd to the 23rd to support domestic water companies with excellent technology to leap to a global level.

The National Water Industry Cluster is a national infrastructure established by the Ministry of Environment and operated by the Korea Environment Corporation to provide full-cycle support from research and development to commercialization and overseas expansion for domestic water companies.

With a national budget investment of 240.9 billion KRW, it was established on a 145,209 ㎥ site in the Daegu Dalseong-gun National Industrial Complex, and has been operating since July last year, currently housing 60 companies.

This contest is conducted in three fields: water purification and reuse, sewage and wastewater, and water supply networks, selecting a total of two companies to support for three years.

Applicants must be small and medium-sized enterprises (SMEs) as defined in Article 2 of the 'Framework Act on Small and Medium Enterprises,' and SMEs possessing technologies and products that can be performance-verified at the National Water Industry Cluster demonstration facilities are eligible to apply.

Applications can be submitted by downloading the application form and related documents from the Korea Environment Corporation website, filling them out, and submitting them via email or postal mail.

The corporation will evaluate the competitiveness and technological excellence of the water companies that applied and select the final target companies, with the announcement scheduled for early December.

Jang Jun-young, the director of the corporation, said, "Through this contest, we will discover domestic water companies with excellent ideas and technological capabilities and spare no support to strengthen their capabilities to a world-class level."

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