Hyundai Engineering & Construction Supports Early-Stage Technology Company Growth

Hyundai Construction announced that it will recruit early-stage companies to participate in this year’s ‘Startup Leap Package’ support project in collaboration with the Ministry of SMEs and Startups and the Korea Institute of Startup & Entrepreneurship Development until the 13th of next month.

As one of the funding support programs for startup companies, it helps early-stage companies in the leap phase, which are between 3 and 7 years after establishment, overcome crises caused by lack of funds. Hyundai Construction participates in a large corporation collaboration model that allows the use of personnel and infrastructure owned by large corporations and will select 14 companies. It is the only construction company participating in this project.

Companies will be selected in four fields related to construction technology, including smart construction technology, future housing, eco-friendly, and healthcare. Applications can be submitted through the K-Startup website. The final selected companies will receive up to 200 million KRW in support and receive assistance such as technology verification, joint research and development, investment attraction, consulting, promotion, and overseas expansion in connection with Hyundai Construction’s business departments.

Hyundai Construction Gyedong Building. Provided by Hyundai Construction

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