"Incheon Startup Gather"…Incheon Airport Corporation Launches Incubation Program

Selection of 7 Companies by the 21st

Incheon International Airport Corporation will select startups in the Incheon area and provide various support programs.

Incheon Airport announced on the 2nd that it will recruit startups to participate in the '2024 Incheon Airport Startup Incubation Project' until 5 p.m. on the 21st.

The target is startups established within 7 years located in the Incheon area. Seven companies will be selected to receive support including ▲ operation of citizen-participatory living labs ▲ product improvement reflecting living lab ideas and establishment of marketing strategies ▲ support for demonstration improvement costs to advance startup products ▲ performance verification and marketing for product improvement. Living labs are user-driven open innovation models where citizens proactively identify and solve problems in daily life.

Additionally, among the 15 companies selected in the same program last year, three outstanding companies will receive support for overseas expansion and commercialization funds. A total of 10 companies will be supported with a budget of 700 million KRW.

Companies wishing to participate can choose from four support fields (social services, cultural contents, Incheon Airport, eco-friendly) and apply through the Incheon Startup Park website.

Lee Hak-jae, President of Incheon International Airport Corporation, said, "We hope this will be an opportunity to discover startups with high growth potential in the Incheon area, find solutions to local community problems, and develop into a platform where citizens, private sector, and public sector collaborate."

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