SCCEI and KIMST Seek Participants for Marine and Fisheries Open Innovation Program

HD Hyundai Samho, Incheon Port Authority, Hanwha Ocean, and Hyundai Engineering & Construction Join the Program

The Seoul Center for Creative Economy & Innovation (CEO Lee Younggeun), in collaboration with the Korea Institute of Marine Science & Technology Promotion (President Jeon Jaeu), has launched a new public-private open innovation program in the marine and fisheries sector. The program is now accepting applications from participating companies from September 8 to October 3.

This open innovation program aims to support practical technological cooperation between large/mid-sized companies and startups, as well as to discover and nurture innovative companies in the marine and fisheries sector. The participating large and mid-sized companies are HD Hyundai Samho, Incheon Port Authority, Hanwha Ocean, and Hyundai Engineering & Construction. Each company will identify startups that match their technology needs and provide opportunities for collaboration.

The technology needs of each large and mid-sized company are as follows: HD Hyundai Samho is seeking startups in the fields of AI, eco-friendly technologies, robotics, and safety. Incheon Port Authority is offering opportunities to startups in port operations, port facilities, eco-friendly technologies, safety, and AI. Hanwha Ocean plans to recruit startups specializing in AI-powered data recognition and acquisition, data-driven analytics, smart yards, and smart production technologies. Hyundai Engineering & Construction is targeting startups with smart construction technologies.

The program is open to any startup possessing relevant technologies such as AI-based data analytics, smart yard and production technologies, smart construction technologies, eco-friendly technologies, and port operations or facilities, regardless of location or years in business. Applications can be submitted through the open innovation website of the Seoul Center for Creative Economy & Innovation.

Participating startups will have the chance to discuss collaboration possibilities through one-on-one meetings with large and mid-sized companies. The final selected startups will receive opportunities for proof-of-concept and joint commercialization projects. Additionally, follow-up support, including funding for preliminary validation, will be provided to help these collaborations lead to actual commercialization.

Lee Younggeun, CEO of the Seoul Center for Creative Economy & Innovation, stated, "The marine and fisheries sector is a key industry for a sustainable future, and this open innovation program is a platform where innovative startups and large or mid-sized companies can create synergy through practical cooperation. The center will continue to support various collaborations and investment connections so that marine and fisheries startups can grow based on technology and marketability."

Meanwhile, starting with this program, the two organizations plan to strengthen cooperation in the marine and fisheries sector and drive industrial competitiveness and growth through innovative collaboration between startups and large companies.

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