Public Procurement Service Selects 45 Innovative Companies for Customized Support in Overseas Expansion

On the 21st, the Public Procurement Service announced that it has selected 45 innovative companies to participate in the 'Customized Comprehensive Support Project for Overseas Procurement Market Entry' and will begin full-scale support.

The comprehensive support project was introduced this year to closely assist with demands arising throughout the process of entering, contracting, delivering, and after-sales management in overseas procurement markets.

The list of companies participating in the project includes many innovative companies in the health and medical, disaster and safety, and eco-friendly sectors aiming to enter the Americas, Middle East, and Southeast Asian markets.

It is notable that companies related to service sectors, where recent on-site demand has increased?such as certification, intellectual property acquisition, and prototype production?are included in the comprehensive support project.

For example, Company B (a water quality measurement device manufacturer) will receive support for prototype production and air transportation service costs through the comprehensive support project and plans to exhibit and demonstrate its prototype at the 'Water Works' exhibition held next month in Massachusetts, USA.

During the exhibition schedule, Company B will also conduct local verification with its US partner, gaining an opportunity to pioneer the American market.

Lim Gi-geun, Administrator of the Public Procurement Service, stated, “The intention to provide various services tailored to on-site needs is raising the responsiveness of companies to the comprehensive support project. The Public Procurement Service will continue to support exports based on on-site demand and actively assist procurement innovative companies in entering overseas procurement markets.”

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