Incheon TP Supports Smart Factory Implementation for Small Manufacturing Companies in Namdong, Bupyeong, and Seo Districts
Incheon Technopark (Incheon TP) announced on the 9th that it will support the establishment of smart factories for small and medium-sized manufacturing companies in Namdong, Bupyeong, and Seo-gu districts of Incheon until the end of this year.
A smart factory is a customized factory that integrates all manufacturing processes from product planning and design to distribution and sales using information and communication technology (ICT), optimizing the production system by enhancing productivity and energy efficiency, and reducing product defect rates.
Incheon TP, together with the three local governments, divides support into two categories: initial (companies applying for a smart factory for the first time) and advanced (companies selected for the smart factory establishment support project led by the Ministry of SMEs and Startups), providing up to 20 million KRW per company for smart factory establishment costs.
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For detailed information such as application submission, please refer to the business support information site BizOK or contact the Incheon TP Manufacturing Innovation Center.
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