Incheon TP to Discover and Foster XR·Metaverse Content... 1.1 Billion KRW Invested in 10 Projects

Incheon Technopark (Incheon TP) announced on the 2nd that it will support the development of XR (Extended Reality) and Metaverse content with a project budget of 1.1 billion KRW.

This project aims to discover and nurture excellent XR and Metaverse content from companies in the Incheon area, providing comprehensive support for research and development, demonstration, and testing certification for commercialization.

In the 'Specialized Industry Convergence' category, which deals with content in Incheon's specialized industries such as aviation and IoT (Internet of Things), two projects will be selected and supported with up to 150 million KRW each.

Additionally, in the 'Market Demand-Based' category, which assists in developing content utilizing Incheon public data or applicable to all fields, ten projects will be chosen and supported with up to 80 million KRW per project.

An Incheon TP official stated, "Since 2019, together with Incheon City, we have supported the development of 45 XR and Metaverse content projects through the operation of the Incheon VR·AR Production Hub Center," adding, "This has helped secure the competitiveness of the content industry specialized in Incheon."

A company receiving support for XR and metaverse content development from Incheon TP is working on the commercialization of the content.
[Photo by Incheon TP]

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