Daegu City Selects 7 Global Small Giants... Support for Overseas Marketing and Finance

Daegu City and Daegu Technopark announced on the 12th that seven local companies have been newly selected for the 'Global Small Giant 1000+ Project?Small Giant, Small Giant+' led by the Ministry of SMEs and Startups, which aims to foster export-leading companies advancing into the global market based on technological prowess and innovation.

The Global Small Giant 1000+ Project is a program that categorizes export-oriented SMEs with high growth potential into four stages based on export volume?'Promising (USD 100,000~1 million), Growth (USD 1 million~5 million), Small Giant (USD 5 million~10 million), and Small Giant+ (over USD 10 million)'?and strengthens export competitiveness through customized support at each stage.

Daegu City Hall Sangyeok Office

In the region, 24 companies applied for the Small Giant and Small Giant+ stages, which select SMEs with high growth potential and export volumes exceeding USD 5 million. After a rigorous review process by an evaluation committee composed of experts in each field (qualification review → on-site evaluation → presentation evaluation), seven companies were finally selected and will receive their certificates at a ceremony held at the Daegu-Gyeongbuk Regional Office of SMEs and Startups at 3 p.m. on the 13th.

The seven designated Small Giants are Georim Tech Co., Ltd., Daeyoung Hapsem Co., Ltd., Mirae Advanced Materials Co., Ltd., SNUCON Co., Ltd., SK Tex Co., Ltd., ST Youngwon Co., Ltd., and EOS Co., Ltd.

The seven selected companies recorded an average sales revenue of KRW 70.9 billion, exports of USD 26.44 million, and employment of 75 people in 2023. Compared to 2022, they achieved growth rates of 101.3% in sales, 123.7% in exports, and 18.9% in employment, demonstrating their high growth potential.

Looking at this year's newly selected companies: Georim Tech Co., Ltd. produces various functional films and tape components based on OLED technology and is a partner of global companies such as Apple, LG Electronics, and Hyundai Motor. The company is expanding into the Chinese and Vietnamese markets through the development and marketing of automotive display components.

Daeyoung Hapsem Co., Ltd. is the first in Korea to establish a robotic automated packaging system and specializes in the production of polyester processed yarn. In 2025, the company plans to build a new spinning plant to increase production and market share, while also expanding export markets to the Americas and Europe through localization of yarn production.

Mirae Advanced Materials Co., Ltd. is a leading company in powder technology, producing lithium and additives for cathode materials. It has established top-tier manufacturing facilities in Korea and possesses over 20 years of know-how in powder control. In 2025, the company aims to enter the North American market by establishing a subsidiary and factory in Canada.

SNUCON Co., Ltd. manufactures dental implants and surgical kits with a defect rate of less than 1%, and in 2023, 97% of its sales came from exports to countries such as China and Iran. The company is also at the forefront of digitalizing implant procedures with its direct system (SNUC), which enables everything from soft tissue healing to final crown placement in a single connection.

SK Tex Co., Ltd. operates its own weaving and spinning factories to produce high-quality, customized polyester fabrics. The company currently exports products to 17 countries, including Morocco, Turkiye, and Spain, and is preparing to enter Ethiopia, an emerging textile market attracting global attention.

ST Youngwon Co., Ltd. manufactures separator production equipment, a core material for lithium-ion batteries, and has achieved groundbreaking productivity through the independent development of wet separator process equipment and entire production lines. The company plans to expand into Asian markets such as China, India, and Vietnam, as well as enter the U.S. market.

EOS Co., Ltd. manufactures various types of clear lenses, colored lenses, and toric (astigmatism-correcting) lenses using its proprietary full-mold technology. Most of its sales come from exports to 18 countries, including Japan, Canada, and Malaysia, and the company is also working to expand into the Middle Eastern market in line with the K-beauty trend.

The companies selected this year will receive various forms of support, including Daegu City's regional autonomy program for R&D planning and prototype production for two years, as well as the Ministry of SMEs and Startups' technology development projects (R&D), overseas marketing support, and preferential access to private and policy finance.

An Junggon, Director of Economic Affairs at Daegu City, stated, "We are very pleased that seven local companies have been selected as Global Small Giant and Small Giant+ companies to promote entry into the global market," adding, "We will provide systematic support so that the companies selected this year can grow into global top-tier companies leading the region's exports."

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