Gyeonggi-do Supports 'SME Design Development'

Design Development, Up to 14 Million KRW
Design Challengers, Up to 20 Million KRW

Reference photo [Gyeonggi-do]

[Asia Economy Reporter Ra Young-cheol] Gyeonggi Province is promoting design development support and the Design Challengers project for small and medium-sized enterprises (SMEs) in the province facing difficulties in design development.

According to the province on the 28th, 'Design Development' provides support from design diagnosis to design development by professional personnel for SMEs wishing to strengthen their design competitiveness.

'Design Development' is open to companies located in 24 participating cities and counties (Suwon, Gunpo, Gwangju, Osan, Hanam, Uiwang, Yangpyeong, Hwaseong, Gwangmyeong, Gimpo, Bucheon, Siheung, Icheon, Yongin, Pyeongtaek, Anseong, Yeoju, Pocheon, Paju, Namyangju, Goyang, Yangju, Guri, Yeoncheon).

It supports opportunities to utilize personnel from design specialized companies or universities and covers product design costs up to 14 million KRW within 70% of the total development cost, and visual/packaging design costs up to 7 million KRW.

'Design Challengers' helps create customized product designs and innovative new products through organic collaboration among SMEs in the province, design specialized companies, and the design innovation growth mentor group.

'Design Challengers' is open to manufacturing-based SMEs in the province. However, companies that violate major laws in four areas?process, labor, environment, and taxation?are excluded from support.

Participating companies can receive design development support up to 20 million KRW within 80% of the total development cost.

The 'Design Development' category is open for applications until March 25, and the 'Design Challengers' category until March 18.

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