Pohang City Holds Completion Ceremony for Venture Company Support Platform 'Advanced Technology Commercialization Center'

New Building Next to POSTECH Nano Convergence Technology Institute... 25.7 Billion KRW Invested to Support Semiconductor Technology-Focused Venture Companies

[Asia Economy Yeongnam Reporting Headquarters Reporter Dongwook Park] On the 20th, Pohang City held a completion ceremony for the 'Advanced Technology Commercialization Center' at POSTECH (Pohang University of Science and Technology), equipped with infrastructure to fully support the commercialization of advanced materials for semiconductor technology-focused small and medium venture companies.

The construction of the Advanced Technology Commercialization Center began in 2017 as a joint project between Pohang City, Gyeongbuk Province, and the POSTECH Nano Convergence Technology Institute. A total of 25.7 billion KRW was invested, including 8.4 billion KRW from Pohang City, 3.6 billion KRW from Gyeongbuk Province, and 13.7 billion KRW from POSTECH.

The center has a total floor area of 7,271㎡, consisting of one basement floor and four above-ground floors. The basement and first floors house cleanrooms and essential utility facilities that support next-generation semiconductor device development.

The second floor is planned to accommodate excellent research institutions such as the Max Planck Korea/POSTECH Research Institute, Fraunhofer IISB Institute, and Semiconductor Technology Convergence Center. Promising semiconductor companies like STI Co., Ltd. and QRT Co., Ltd. have taken up residence on the third and fourth floors designated for advanced technology enterprises.

Pohang City plans to leverage the strengths of the Nano Convergence Technology Institute, which excels in shared use of nano-materials and materials facilities and equipment, research and development support, workforce training, and commercialization support, to focus administrative efforts on fostering and strengthening companies in the advanced industry sector.

Mayor Kang-Duk Lee of Pohang stated, "Through the establishment of the Advanced Technology Commercialization Center, projects such as the Small but Strong R&D Special Zone, Battery Regulation-Free Special Zone, and Venture Valley Creation will generate mutual synergy effects, enabling us to lead in startup creation, attraction of advanced technology companies, and job creation in the Fourth Industrial Revolution sector. We will do our best to achieve this."

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