Gyeonggi-do Provides Up to 22 Million KRW Support for Startups Transferring Excellent Technologies

Gyeonggi Province and Gyeonggi Technopark are recruiting early-stage entrepreneurs to participate in the 'Technology Transfer Startup Support Project' until the 29th of this month.

The Technology Transfer Startup Support Project is a program that helps technology startups by supporting the transfer of excellent innovative technologies from public or private sectors, which have high potential for value creation but have not yet been utilized, to entrepreneurs.

The eligible applicants are prospective entrepreneurs or startups less than 7 years old within the province who wish to transfer technology. A total of 10 companies will be selected through evaluations such as document review and expert assessment.

Gyeonggi Provincial Government

The final selected companies will receive customized support for commercialization funds necessary for startups, up to 22 million KRW, including a technology transfer fee of up to 10 million KRW, prototype and mold production, marketing, testing and analysis, and application and registration.

Entrepreneurs wishing to participate can apply through the Gyeonggi Technopark website or the Gyeonggi Startup Platform by the 29th of this month.

Baey Sang-sang, Head of the Venture Startup Division of Gyeonggi Province, said, "We will actively support the successful commercialization of unused technologies with high growth potential," and added, "We hope promising startups establish a foundation for successful entrepreneurship based on excellent technology transfer."

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