Ministry of SMEs and Startups Announces Recruitment for Companies to Participate in Super-Gap Startup Open Innovation Challenge

Lee Young, Minister of SMEs and Startups.

The Ministry of SMEs and Startups announced on the 20th that it is recruiting companies to participate in the 'Super-gap Startup Open Innovation Challenge' to promote the growth of super-gap startups through the spread of a cooperative culture between large and small-medium enterprises in new industry sectors.

This challenge is a program linked to the 'Super-gap Startup 1000+' project that supports the activation of win-win cooperation by discovering promising startups with excellent performance through collaboration with large enterprises and others.

Applicants must be startups established within the last 10 years operating in one of the top 10 super-gap sectors and demonstrating excellent collaboration results between large and small-medium enterprises. Five companies will be selected through document and presentation evaluations.

Selected companies will receive up to 50 million KRW in funding for technology verification, testing and certification, reliability evaluation costs, and other expenses necessary for collaboration with large enterprises, along with additional points when applying for next year's 'Super-gap Startup 1000+' project.

Lee Young, Minister of SMEs and Startups, stated, “For startups in new industry sectors, collaboration with large enterprises is crucial for product verification and securing initial markets. Starting with this challenge, we will gradually expand cooperation between large enterprises and startups in the top 10 super-gap sectors.”

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