Pohang City Breaks Ground on Green Bio Venture Campus... Stepping Up as a Green Bio Industry Hub

Groundbreaking of Green Bio Venture Campus, Boosting Attraction and Nurturing of Promising Venture Companies

Presentation of Green Bio Industry Policy Direction and Concurrent Holding of Industry Development Council

On the 9th, Pohang City held a groundbreaking ceremony for the 'Green Bio Venture Campus,' a venture startup innovation hub facility for fostering the green bio industry, at the bio-specialized complex within the Pohang Convergence Technology Industrial Zone.

On the 9th, Pohang City held a groundbreaking ceremony for the 'Green Bio Venture Campus' in the bio-specialized complex within the Pohang Convergence Technology Industrial District. Photo by Pohang City

About 200 people attended the groundbreaking ceremony, including Song Mi-ryeong, Minister of Agriculture, Food and Rural Affairs; Lee Kang-deok, Mayor of Pohang; Yang Geum-hee, Deputy Governor for Economy of Gyeongbuk Province; Choi Byung-jun, Vice Chairman of the Gyeongbuk Provincial Council; Kim Il-man, Chairman of the Pohang City Council; members of the Gyeongbuk Provincial Assembly and Pohang City Council; heads of industry-academia-research institutions; and representatives of bio companies, celebrating the commencement of the Green Bio Venture Campus.

The ceremony began with viewing the promotional video of the Green Bio Venture Campus, followed by a progress report and a groundbreaking event to commemorate the start of construction.

The 'Green Bio Venture Campus' was selected by Pohang City in 2022 through a public contest by the Ministry of Agriculture, Food and Rural Affairs, with a total project cost of 35 billion KRW. It is planned to be constructed as a three-story building with a total floor area of 5,700 square meters.

Specialized in the green bio sector, the campus will provide ▲ research equipment and pilot production support equipment ▲ space for company residency ▲ operation of corporate support programs, professionally supporting the growth of green bio venture companies.

Pohang City expects that the groundbreaking of the Green Bio Venture Campus will serve as an important turning point in the government's key policy for the development of the green bio industry.

In particular, it is anticipated to accelerate the innovation and growth of the regional bio industry through linkage with various projects underway in Pohang, such as the establishment of an advanced analysis system for green bio materials and the creation of an industrialization hub for animal green bio pharmaceuticals.

Following the groundbreaking ceremony, the Green Bio Industry Development Council was held to discuss policy directions for the green bio industry with local governments. About 50 participants attended, including Song Mi-ryeong, Minister of Agriculture, Food and Rural Affairs; representatives from five local governments?Gyeongbuk, Gangwon, Jeonbuk, Chungnam, and Gyeongnam; heads of related institutions; academia; and green bio-related companies.

The council, held at the Pohang Knowledge Industry Center, began with an introduction of outstanding green bio companies and product exhibitions. It included the signing of a cooperation MOU among five local governments for the establishment of the Green Bio Venture Campus. The keynote speech on the success story of green bio venture startups by Seo Chung-mo, CEO of Midbar in Pohang and winner of the 2025 CES Innovation Award, deeply resonated with the attendees.

Subsequently, in-depth discussions were held on ▲ achievements and future plans for fostering the green bio industry ▲ on-site difficulties and improvement measures for green bio venture companies ▲ roles of institutions and mid- to long-term strategies for revitalizing venture startups.

Mayor Lee Kang-deok stated, “As a result of Pohang City's continuous efforts to revitalize the bio industry, visible achievements are being made. We hope to establish Pohang as a hub city for the green bio industry by leveraging the Green Bio Venture Campus and the Green Bio Industry Development Council as stepping stones. We will focus our administrative capabilities to ensure that the green bio industry promotion district is designated in Pohang, Gyeongbuk, next year to accelerate the creation of a related industrial ecosystem and innovation.”

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