Incheon TP Supports Technology Development Costs for Medical and Bio Companies' Product Improvement
Incheon Technopark (Incheon TP) is recruiting companies to participate in the Incheon Free Economic Zone Bio Healthcare Technology Development Support Project until the 30th.
This project aims to create a bio healthcare-based ecosystem and support the growth of resident companies in one of the core strategic industries of the Incheon Free Economic Zone, including Songdo, Yeongjong, and Cheongna.
The support areas include ▲certification and intellectual property (IP) acquisition ▲technical consulting ▲research and development (R&D) ▲product improvement (product development design, packaging production, etc.), with technology development costs of up to 7 million KRW per company.
Eligible applicants are bio healthcare (medical and bio) related companies or companies planning to move in, with headquarters, factories, or technology research centers located in the Incheon Free Economic Zone.
Applications can be submitted through the business support information provision site BizOK.
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An Incheon TP official stated, "This is part of the project to create an innovative bio healthcare-based ecosystem within the Incheon Free Economic Zone," adding, "We will support resident companies to enhance their global business capabilities, such as product commercialization."
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