2021 Leisure Equipment Industry Development Support Project Participation Recruitment

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[Asia Economy Reporter Kim Cheol-hyun] The Ministry of Trade, Industry and Energy (Minister Sung Yun-mo) and the Small and Medium Business Corporation (Chairman Kim Hak-do, hereinafter referred to as SBC) announced on the 17th that they are recruiting companies to participate in the '2021 Leisure Equipment Industry Development Support Project.'


The recruitment for this Leisure Equipment Industry Development Support, which will be held from the 22nd to the 18th of next month, is a project conducted by the Ministry of Trade, Industry and Energy and SBC since 2005 to foster small and medium venture companies in the bicycle and marine leisure fields and secure technological competitiveness. It provides support divided into technology development and customized commercialization.


The Leisure Equipment Technology Development supports small and medium venture companies that manufacture materials, parts, and equipment or provide related services in the bicycle and marine leisure equipment fields. It provides up to 300 million KRW over two years for tasks related to ▲technology development and ▲securing quality competitiveness in the respective fields. The Leisure Equipment Customized Commercialization offers tailored support of up to 50 million KRW for technologies that have succeeded in technology development but have not yet been commercialized through sales generation or mass production, including ▲commercialization planning (coaching), ▲prototype production, ▲testing and certification, and ▲marketing.



In particular, this year, the scope of support in the bicycle field has been expanded to the 'personal mobility' sector, including electric skateboards, electric two-wheel parallel vehicles, electric outer-wheel and two-wheel boards, and electric kickboards, aiming to foster the personal mobility industry. Chairman Kim Hak-do stated, "SBC will actively support small and medium venture companies in the bicycle and marine leisure equipment fields so that they can create high added value based on innovative and competitive technologies."


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

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