Public Procurement Service Selects Pilot Institutions for Innovative Products Worth 10 Billion KRW

[Asia Economy (Daejeon) Reporter Jeong Il-woong] The Public Procurement Service (PPS) has selected pilot-use institutions for innovative products worth 10 billion KRW.

On the 15th, PPS announced that it has published the '2022 1st Innovative Product Pilot Purchase Project Demand Linkage Results' on the Innovation Market.

According to the demand linkage results, 35 innovative products were matched with 95 government agencies and institutions as pilot-use organizations. The selected innovative products include many in the environmental and digital New Deal sectors that improve the quality of life and public services, such as wearable walking-assist robots and AI-based services for finding missing children and dementia patients.

In particular, in this matching, the 'Low Impact Development (LID) Ecological Walking System' project, discovered through collaboration with the Ministry of Environment as part of innovative demand incubating, was selected as an innovative product for pilot purchase and assigned its first pilot institution.

Innovative demand incubating is a system that concretizes innovative ideas proposed by public institutions, companies, and citizens to a level where solution exploration is possible through expert group consultation, discovering them as innovative products.

Through this, the LID ecological walking system to be piloted applies a water circulation LID green system that stores and recycles rainwater in idle spaces between street trees, realizing water circulation in urban areas and building a sustainable ecological city in response to the climate crisis.

PPS plans to complete purchase contracts for the 35 selected innovative products by next month and support commercialization of each product after a pilot-use period of about 10 months.

Including this, PPS plans to support sales of early-stage technology development products with a total innovative product pilot purchase budget of 46.5 billion KRW this year, helping small and medium enterprises enter the public market and inducing innovative growth.

In particular, after being selected as innovative products, demand matching to ensure actual pilot purchases will be expanded from the existing 3 times to 5 times, and demand surveys will be regularized over the first half (3 times) and second half (2 times) of the year.

Kim Eung-geol, Director of Innovation Procurement Planning at PPS, said, "The innovative product pilot purchase project is a key means to support public service improvement and market development for innovative products," adding, "PPS will continue to actively support innovative product purchase projects to create an environment where demand institutions and innovative product designated companies can coexist."

Meanwhile, innovative product pilot purchase is rooted in PPS directly purchasing innovative products as the first buyer and supplying them to the government and public institutions to promote innovative product purchases in the public market and induce innovative growth.

Especially this year, PPS plans to execute more than half of the purchase budget in the first half to support market development for small and medium enterprises struggling due to COVID-19.

To this end, PPS received pilot-use basic plans from innovative product designated companies in December last year.

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