SBA Recruiting Industry-Academic Research Groups to Foster DMC Specialized Industries

Operation of programs linked to support projects up to 2 billion KRW through project planning

2020 DMC Samsam O O Networking Event

[Asia Economy Reporter Kim Cheol-hyun] The Seoul Business Agency (SBA, CEO Jang Young-seung) announced on the 11th that it is recruiting industry-academia research groups that connect commercialization through networking by industry sectors to foster DMC specialized industries. DMC is an advanced digital media entertainment cluster established by the Seoul Metropolitan Government, where technologies applicable to smart media and smart mobility, such as augmented and virtual reality, electric and autonomous vehicles?part of the government's 12 new growth industries?can be demonstrated and implemented.

This DMC industry-academia research group will form communities by specialized industries and operate autonomous networking programs such as project planning and partner matching worth up to 200 million KRW, seminars, and special lectures. Applications are accepted online through the SBA website until the 17th. The lead organization must be a DMC-based small and medium enterprise capable of forming communities by industry sectors, and at least four cooperating companies, either corporate or individual business operators located in Seoul, must participate as partner organizations.

Moon Gu-seon, Head of the SBA Base Support Headquarters, stated, "DMC is a smart content-based innovation growth hub, one of Seoul's six convergence new growth hubs. This year, the industry-academia research groups will focus their research capabilities on discovering and fostering DMC’s specialized industries, such as the smart media industry, by increasing the scale of support per project."

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