Ministry of SMEs and Startups Supports Strengthening Planning and Technology Development Capabilities of SMEs

[Asia Economy Reporter Kim Jong-hwa] The Ministry of SMEs and Startups supports strengthening the planning capabilities and resolving technical difficulties of small and medium-sized enterprises (SMEs) with limited experience in conducting research and development (R&D). To this end, the Ministry announced the "2022 R&D Capability Enhancement Project Implementation Plan for the First Half of the Year" on the 18th.

The "SME R&D Capability Enhancement Project" aims to improve the commercialization success rate by supporting project planning for SMEs lacking R&D planning capabilities and to assist in resolving technical challenges by utilizing technical experts.

For SMEs without experience in conducting technology development (first-step companies), the project supports the planning and writing of R&D project proposals that SMEs intend to develop.

This year, considering the high participation of first-step companies in the Startup Growth Technology Development Project Didimdol tasks and the high competition rate for R&D planning support projects, the support volume has been significantly expanded to 663 cases.

Won Young-jun, Director of Technology Innovation Policy at the Ministry of SMEs and Startups, said, "The R&D Capability Enhancement Project will greatly help SMEs with limited R&D experience to strengthen their planning capabilities and resolve technical issues. Especially this year, with the significant increase in planning support volume, we expect the planning capabilities of first-step companies to improve."

Applications for the project will be accepted from the 7th to the 18th of next month. Detailed information can be found through the Inter-Ministerial Integrated Research Support System (IRIS) and the SME Technology Development Comprehensive Management System (SMTECH).

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