Pocheon City in Gyeonggi Province held the "Gyeonggi Defense Venture Center 2026 First Half Partner Company Agreement Ceremony and Meeting" on the 10th at Daejin University Daejin Education Hall to promote the defense industry in the northern Gyeonggi region.

Pocheon City held the "Gyeonggi Defense Venture Center 2026 First Half Agreement Companies Signing Ceremony and Meeting" on the 10th at Daejin University Daejin Education Hall to revitalize the defense industry in the northern Gyeonggi region. Provided by Pocheon City

Pocheon City held the "Gyeonggi Defense Venture Center 2026 First Half Agreement Companies Signing Ceremony and Meeting" on the 10th at Daejin University Daejin Education Hall to revitalize the defense industry in the northern Gyeonggi region. Provided by Pocheon City

View original image

The Gyeonggi Defense Venture Center is a defense industry support organization jointly operated by the Defense Agency for Technology and Quality (DTaQ), Gyeonggi Province, and Pocheon City. It serves to expand the application of private sector technologies to the defense field and supports companies seeking to enter the defense industry.


This event was organized to present agreements to 38 selected partner companies through the first half recruitment announcement since the opening of the Gyeonggi Defense Venture Center in February, and to introduce the major support programs of DTaQ to help companies enter the defense market.


During the meeting, major defense support programs for 2026 were introduced, focusing on R&D and management support, which attracted significant interest from partner companies. The currently announced “Defense Venture Support Program” provides up to 500 million won over two years for general projects and up to 2 billion won over three years for innovative projects, covering 75% of development costs.


In addition, the newly launched "K-Defense Startup Fostering Project" this year targets companies established within the last seven years, offering customized three-stage support from growth roadmap development to defense conversion R&D. The goal is to discover innovative startups in the defense sector and expand the ecosystem.


Other initiatives to foster the defense industry are also being promoted, including the Defense Innovation Companies 100, defense export investment support, and support for domestic development of components. Participating companies can receive practical support such as step-by-step consulting for defense market entry and professional workforce development assistance.


Pocheon City expects that, through the Gyeonggi Defense Venture Center, outstanding private sector technologies will be introduced into the defense field, thereby contributing to strengthening national defense and revitalizing the regional economy. Furthermore, the city plans to provide ongoing support so that local small and venture businesses can enter the defense market stably and grow into globally competitive companies.



Meanwhile, the Gyeonggi Defense Venture Center is currently announcing first half sector-specific support programs, and plans to recruit new partner companies for the second half in July, thereby continuously expanding field-oriented corporate support.


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