Incheon TP, Consecutive Commercialization Achievements for Content Companies... 44 Cases Supported for 31 Companies
[Asia Economy Reporter Park Hyesook] The 'Content Commercialization Support Project' promoted by Incheon Technopark (Incheon TP) is driving the growth of emerging content companies.
Last year, Incheon TP provided up to 3.5 million KRW in content commercialization costs to 31 companies that settled in the Incheon Content Enterprise Support Center (Bupyeong-gu, Incheon).
This funding was used for intellectual property applications and registrations (13 cases), design support (19 cases), prototype production (3 cases), and content development software (SW) support (9 cases). It also led to achievements such as service supply and intellectual property (IP) agreement signings (8 cases) and contracts for outsourced content development and production worth 320 million KRW (17 cases).
Interact Co., a virtual reality (VR) company that secured a foundation for producing high-quality VR content through Incheon TP's content development SW support, opened the door to overseas markets by signing a VR risk prediction training system content supply agreement with a Vietnamese company.
Additionally, Yugi Intelligence Studio Co., a story-based audio content production company, accelerated the production of a new audiobook through prototype support and launched products in partnership with music platforms such as Naver, FLO, and Audien.
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An Incheon TP official stated, "Content, based on imagination and creativity, is a core of the creative economy, being a large-scale and highly influential field. We will help companies in the Incheon area further enhance their competitiveness through excellent content commercialization support."
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