Gyeonggi-do Supports Metaverse Platform and Content Business Transition…Up to 100 Million KRW per Company

[Asia Economy (Suwon) = Reporter Lee Young-gyu] Gyeonggi Province is stepping up support for small and medium-sized enterprises and creators in the province attempting to transition their businesses to metaverse platforms or content.

Gyeonggi Province announced on the 19th that it will select a total of 7 teams in two categories: metaverse platform utilization type (4 teams, 20 million to 40 million KRW) and platform production type (3 teams, 100 million KRW), and is recruiting applicants until the 9th of next month.

The platform utilization type refers to companies that have adapted their content to fit commercial metaverse platforms. The platform production type provides funding necessary for developing new metaverse platforms.

For companies or creators outside Gyeonggi Province, they must relocate their headquarters or business site to within the province within one month after the final agreement.

The province plans to select support recipients by focusing on business feasibility, technical capability, and execution ability.

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