Busan City Invites Companies to Participate in 'Coffee Industry Infrastructure Development and Business Promotion Project'

Customized Support for Coffee Industry Foundation and Related Business Development

Headquarters, Coffee Shops and Related Industry Companies Located in Busan Area

Busan City is recruiting companies to participate in the corporate support program of the ‘Coffee Industry Infrastructure Establishment and Enterprise Development Project’ from the 4th to the 15th.

Launched in 2023, the ‘Coffee Industry Infrastructure Establishment and Enterprise Development Project’ aims to build a foundation for the coffee industry and nurture related companies through activities such as hosting domestic and international forums, providing customized consulting for coffee-related companies in the region, supporting technology development, commercialization and marketing, and offering practical training for coffee industry personnel.

This corporate support program targets coffee-related companies in the region and supports three areas: ▲customized consulting ▲customized technology development ▲customized commercialization and marketing, recruiting a total of 16 companies.

▲Through customized consulting, support is provided for overall business aspects such as research and development (R&D), business expansion, and branding to enhance corporate image. Three companies will be selected, with up to 5 million KRW supported per company.

▲Customized technology development supports strengthening technological competitiveness through prototype development, securing core technologies, process improvement, and product upgrading. Three companies will be selected, with up to 30 million KRW supported per company.

▲Customized commercialization and marketing supports market analysis, product promotion, market development, and workforce capacity building. Ten companies will be selected, with up to 15 million KRW supported per company.

The recruitment target is coffee specialty stores or coffee industry-related companies whose main office (headquarters) is located in the Busan area. Applications can be submitted by downloading the application form from the Busan Technopark website and sending it via email by 6 p.m. on the 15th.

After document evaluation and presentation evaluation (including on-site investigation) in March, suitable companies will be selected. The results will be announced in April, and support will begin after signing agreements with the selected companies.

For more details regarding the recruitment, please contact Busan Technopark.

Shin Chang-ho, Director of the Digital Economy Innovation Office of Busan City, stated, “Through this support project, we expect to secure growth momentum for the local coffee industry and strengthen market competitiveness by enhancing the brand value and technological capabilities of Busan coffee companies. Our city will continue to lead the growth and innovation of Busan coffee companies to revitalize the coffee industry ecosystem, and we will do our best to help Busan leap forward as a distinguished coffee city.”

Busan City Hall.

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