Incheon TP Supports Mass Production of Products for Manufacturing Companies in Industrial Complexes

[Asia Economy Reporter Park Hyesook] Incheon Technopark (Incheon TP) announced on the 24th that it is recruiting companies to participate in the 'Industrial Complex Major Renovation Regional Company Support Project.'

This project supports the mass production of products by small and medium-sized manufacturing companies in industrial complexes in the Incheon area. This year, with a budget of 820 million KRW, it will support companies' research and development (R&D) and marketing activities.

The support targets small and medium-sized manufacturing companies located in Namdong, Juan, Bupyeong National Industrial Complexes, and Songdo International City.

Incheon TP provides up to 15 million KRW per company for product design development costs and up to 7.5 million KRW for prototype production costs.

It also plans to support marketing expenses such as online B2B (business-to-business electronic commerce) entry (up to 5.32 million KRW) and detailed page production (up to 1.2 million KRW).

Additionally, supported companies will receive assistance for overseas market entry through online export consultations and expert consulting in cooperation with the Korea Industrial Complex Corporation.

An Incheon TP official stated, "This project helps early commercialization of technologies possessed by small and medium-sized manufacturing companies," adding, "We expect it to significantly help enhance product completeness and realize high added value, thereby increasing corporate competitiveness."

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