Applications accepted until September 19
Customized business support, including rent at about 30% of market rates

Seongnam City in Gyeonggi Province (Mayor Shin Sangjin) is recruiting new resident companies for the Seongnam Senior Industry Innovation Center until September 19, targeting small and medium-sized venture companies based on Age-Tech that aim to lead the senior-friendly industry.

Exterior view of Seongnam Senior Industry Innovation Center recruiting resident companies. Provided by Seongnam City

Exterior view of Seongnam Senior Industry Innovation Center recruiting resident companies. Provided by Seongnam City

View original image

Located in Yatap-dong, Bundang-gu, Seongnam, the Seongnam Senior Industry Innovation Center is a specialized support institution for the senior-friendly industry, providing comprehensive support from technology development to commercialization and market entry. The center offers dedicated spaces for resident companies, user-centered living lab support, business development assistance, and a promotional experience center, all optimized for business growth. Notably, it significantly reduces the burden on companies by offering rent at about 30% of the market rate.


This recruitment is open to a total of five companies, with available exclusive spaces ranging from 42.77 square meters to 75.98 square meters. Selected companies can reside for up to six years (three years initially, with two possible extensions), and will have access to various facilities such as a 20-person meeting room, a 150-seat auditorium, and a studio. They can also benefit from a wide range of support programs, including usability evaluations, certification assistance, business consulting, networking, and opportunities to exhibit products.


Companies wishing to apply should check the announcement on the Seongnam Industry Promotion Agency website and submit their applications online by 6:00 p.m. on September 19.


A Seongnam City official stated, "In an era of super-aging, the senior-friendly industry is emerging as a future growth engine," adding, "We hope to see strong interest and many applications from Age-Tech-based small and medium-sized venture companies that will grow together with the Seongnam Senior Industry Innovation Center."



For more details, please contact the Operations Support Team at the Seongnam Senior Industry Innovation Center.


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

© The Asia Business Daily(www.asiae.co.kr). All rights reserved.

Today’s Briefing