Incheon Airport Corporation Launches Support for Small and Medium Enterprises to Explore Overseas Markets

[Asia Economy Reporter Yoo Hyun-seok] Incheon International Airport Corporation announced on the 31st that it will recruit companies to participate in the '2022 Incheon Airport Small and Medium Enterprise (SME) Overseas Market Development Support Project' from September 1 to 8.

Amid the unprecedented difficulties faced by the aviation industry due to the prolonged COVID-19 pandemic, the corporation supported a total of 99 companies in developing domestic and international markets last year through initiatives such as ▲operating the Airport Industry Export Consultation Meeting ▲running the Incheon Airport Tech Market ▲and managing the SME Overseas Business Matching Support Project.

This year as well, various support projects are being promoted to strengthen the capabilities of SMEs and expand their market channels. Through this overseas market support project, the corporation plans to establish a foundation to become a leading public institution in win-win cooperation with SMEs.

The overseas market support project aims to enhance the export competitiveness of SMEs that have cooperative and transactional relationships with Incheon Airport. The corporation plans to support SMEs with excellent technological capabilities but facing difficulties in securing market channels due to limitations in human and material resources, by utilizing the Incheon Airport brand and its resources.

This project consists of six areas, including ▲support for entry into online shopping platforms (Amazon) ▲creation and management of English websites ▲participation in AIoT international exhibitions.

The corporation will select a total of six companies through sector-specific evaluations among cooperative and transactional SMEs, including those participating in joint research and development (R&D) applying for this project, and will provide consulting and related expenses support until the end of the year. Detailed information on eligibility and support for the overseas market support project can be found on the SME support portal site, Sangsaengnuri.

Kim Kyung-wook, President of Incheon International Airport Corporation, said, “As a leading public institution for mutual growth, the corporation will strive to strengthen SME competitiveness and build a virtuous cycle ecosystem in the aviation industry through technology cooperation and market support.”

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