Gyeonggi Housing and Urban Corporation Provides Up to 70 Million KRW Support for Private Sector Excellent Technologies

Gyeonggi Housing and Urban Corporation

Gyeonggi Housing and Urban Corporation (GH) is calling for projects under the 'GH Private Sector Cooperation Technology Development Project' to create conditions for the growth and technological development of small and medium-sized enterprises (SMEs).

This call aims to discover and support SME technologies that have development capabilities but face difficulties entering the market, in line with the government's smart construction activation and win-win cooperation policies with SMEs. It also seeks to provide opportunities to apply the developed excellent technologies on-site, promoting mutual cooperation and co-growth with SMEs.

GH will support selected projects with up to 70 million KRW per project, and technologies that receive excellent evaluations in the final assessment after development completion will also receive support for market expansion through product promotion.

Eligibility for application is limited to SMEs as defined in Article 2 of the Framework Act on Small and Medium Enterprises. The application targets technologies and products in the fields of smart construction and urban and housing sectors. GH will select final projects through first and second review committees by evaluating the necessity of technology development, commercialization potential, on-site applicability, and appropriateness of project costs (direct costs).

Kim Se-yong, President of GH, emphasized, "Through this Private Sector Cooperation Technology Development Project, we hope the public sector will take the lead in supporting the activation of smart construction technologies and create an opportunity for co-growth with excellent SMEs that have technological competitiveness."

Meanwhile, applications will be accepted over two days, September 11-12, at the GH Construction Technology Department (4th floor of the headquarters) in Gwonseon-gu, Suwon.

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