Gyeongnam National University Selected for Ministry of SMEs and Startups' 'Regional Technology Startup Support Project'

Progress in Discovering Regional Key Industry Technology Startups

Gyeongnam National University was recently selected as the lead institution for the second consecutive year in the Ministry of SMEs and Startups' '2023 Regional Technology Startup Support Project.'

This project supports a 'focused scale-up incubating program' for promising technology startups that build a foundation for regional growth. Eligible recipients include companies currently residing (or scheduled to reside) in business incubators (BI), graduated companies, and technology startup companies in key regional industry sectors.

Gyeongnam National University.

Since being selected as the lead institution for the 'Regional Technology Startup Support Project' last year, Gyeongnam National University has worked with participating institutions such as Changwon National University and the Korea Electric Research Institute to establish a consortium of promising technology startups that build a foundation for regional growth. This year, various efforts have been made to secure re-selection for the project, including consortium building and commitments for matching funds.

With this project selection, Gyeongnam National University’s business incubator will support a 'BI Resident Company Scale-up Program,' which includes discovering technology startups linked to key regional industries, prototype production, quality enhancement, market development, investment attraction, and focused scale-up. The project, with a total budget of 400 million KRW including national funding, will run until the end of December.

Additionally, plans are in place to continuously carry out incubating programs and networking projects for technology startup development in collaboration with Changwon City.

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