Gwangju Changgyeong Center Recruiting Companies for 'Excellent Startup Intensive Support Project'

[Asia Economy Honam Reporting Headquarters Reporter Park Jin-hyung] The Gwangju Center for Creative Economy and Innovation is recruiting participants for the ‘Excellent Startup Company Intensive Support Project’ until the 15th of next month.

This project is supported by Gwangju City to discover excellent companies in the startup growth stage (3-7 years) within the region, providing these companies with opportunities for a second leap by overcoming the valley of death, helping them to settle stably, and further aiming to revitalize the local economy and create new jobs.

Applicants must be startup growth stage (3-7 years) companies within the region that possess excellent items with high growth potential. A total of 13 companies will be selected and supported with commercialization funds of up to 25 million KRW for ▲prototype production ▲intellectual property application and registration ▲promotion and marketing ▲material costs, along with additional support such as ▲expert mentoring/consulting ▲registration as a center-incubated company ▲and management of the commercialization process through a dedicated manager.

The recruitment fields include ▲center specialized fields (Artificial Intelligence (AI), eco-friendly (hydrogen) mobility, renewable energy, bio-health, eco-friendly industries) ▲manufacturing, manufacturing-related service industries, knowledge service industries, and ▲manufacturing main industry fields with high future growth potential. In particular, ▲venture-certified companies ▲women-owned companies ▲and companies with excellent employment records will receive additional points. Detailed information is available on the Gwangju Center for Creative Economy and Innovation website, and inquiries can be made to the startup support headquarters of the respective institution.

Center Director Ha Sang-yong said, “The 7-year survival rate of startup companies in the Gwangju area is lower than the national average, so continuous support is necessary, and the Gwangju Center for Creative Economy and Innovation is doing its best to lead the growth of startup companies,” adding, “We will continue to strive for Gwangju, where the startup success rate is high, through the capabilities the center possesses.”

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