Gyeonggawon Supports Shared Research Equipment... Up to 6 Million KRW per Company

Gyeonggi Province will continue its shared research equipment support project this year.

The Gyeonggi-do Economic Science Promotion Agency announced that it will accept applications for the "2024 Gyeonggi Province Shared Research Equipment Usage Fee Support" project from the 20th of this month until the 19th of next month.

Gyeonggi-do Economic Science Promotion Agency

Through the "Research Equipment Shared Utilization System Operation Project," the agency operates a platform (http://gginfra.gbsa.or.kr) that provides information to enable companies to jointly use advanced research equipment owned by research institutions and universities. Currently, it manages information on over 1,500 pieces of research equipment from 45 host institutions.

This year, the agency will select 35 small and medium-sized enterprises (SMEs) through a public contest and partially support their usage fees for shared research equipment. Any venture or SME with a headquarters, research institute, or factory located in Gyeonggi Province can apply.

A budget of 140 million KRW will be invested to support research equipment usage fees. Depending on the startup status of the applying company and budget consumption rate, 70-100% of the equipment usage fee will be supported, up to a maximum of 6 million KRW.

Han Tae-seong, head of the Bio Industry Division of Gyeonggi Province, stated, "Despite the government's trend of reducing R&D budgets, we will strive for the steady growth of Gyeonggi Province companies," adding, "This support project will be a great help to SMEs that have brilliant ideas but face difficulties in research and development due to lack of equipment and budget."

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