Incheon TP Supports Root Companies in Resolving On-site Difficulties... Up to 30 Million KRW per Company

Incheon TP is conducting on-site evaluations to support the improvement of difficulties faced by root companies.
[Photo by Incheon TP]

[Asia Economy Reporter Park Hyesook] Incheon Technopark (Incheon TP) is recruiting root companies to participate in the 'Field Difficulty Improvement Support Project Based on Large-Medium-Small Cooperation Model' until the 23rd.

This project aims to help improve the competitiveness of small and medium-sized enterprises (SMEs) and mid-sized companies by reducing product defect rates and increasing production volume through equipment upgrades at manufacturing sites.

The support targets root companies in the Incheon area specializing in six technical fields: casting, mold, welding, plastic processing, surface treatment, and heat treatment. Applications can be submitted through the company support information site BizOK.

Incheon TP plans to select about 36 companies and provide up to 30 million KRW per company to cover costs related to equipment upgrades and the introduction and establishment of customized solutions at manufacturing sites.

An Incheon TP official stated, "The focus is on improving productivity through better working conditions for root companies," adding, "We expect this to help improve management for root companies facing increased difficulties due to COVID-19."

Meanwhile, last year Incheon TP supported 29 root companies through this project, leading to job creation including 68 new hires and improvements in corporate productivity.

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