Incheon TP Supports Commercialization of XR Convergence Content... Up to 25 Million KRW per Company
[Asia Economy Reporter Park Hyesook] Incheon Technopark (Incheon TP) is recruiting companies to participate in the 'Incheon XR (Extended Reality) Company Publishing Support Project' until the 30th.
This project aims to enhance competitiveness such as domestic and international market entry by supporting commercialization and marketing of convergence companies possessing XR content. XR is an ultra-realistic technology encompassing mixed reality (MR) technology, which includes virtual reality (VR) and augmented reality (AR).
Incheon TP plans to select about eight companies and support each company with up to 25 million KRW for expenses needed for domestic and international promotion and advertising, exhibition participation, design development, patents and certification, and overseas market research.
The support target is small and medium-sized XR content convergence companies headquartered in Incheon, which must have XR-related content that is commercializable and exportable.
Applications can be submitted through the Incheon VR·AR Production Hub Center website.
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An Incheon TP official stated, "This publishing support project is expected to promote the distribution and expansion of XR companies' content," and added, "We will support to lead growth such as increased sales of XR industry companies in the Incheon region."
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