Yongin City and Daou Technology Hold Meeting on 'Free Office Space Sharing' to Foster the AI Industry

Daou Technology Offers Free Office Space in Suji Digital Valley
Space to Be Used for AI Research, Technology Exchange by Hospitals, Universities, and Companies
Mayor Lee Sangil: "We Will Support Creative Activities by Companies, Universities, and Medical Institutions"

Yongin Special City in Gyeonggi Province (Mayor Lee Sangil) held a meeting on the 26th with Daou Technology Co., Ltd., local universities, hospitals, and representatives from AI industry-related companies under the theme of "A Meeting for Demands for Free Office Space Provision to Foster Local AI and Venture Companies."

Mayor Sangil Lee is speaking at the business agreement meeting between Yongin Special City, Dow Technology AI-related companies, and universities held on the 26th. Provided by Yongin City

The meeting, held in the mayor's reception room at City Hall, was attended by Mayor Lee Sangil, Daou Technology Co., Ltd., Yongin Severance Hospital, Robocare Co., Ltd., and representatives from local universities in Yongin, including Hankuk University of Foreign Studies, Kangnam University, and Yongin Arts and Science University. Participants exchanged opinions on how to utilize the office space.

Mayor Lee said, "I hope the cooperation model between Yongin Special City and local companies, medical institutions, and universities for fostering the AI industry will achieve great results and become a benchmark for other regions." He added, "If this cooperative system is operated efficiently, Yongin will emerge as a leading city in the AI industry in the era of new convergence."

Mayor Lee also stated, "We will continue to establish various cooperation models so that members of the local community can work together and achieve mutual benefits," adding, "Yongin Special City will also actively support each institution gathered here today to enable creative activities."

This meeting was held in response to Daou Technology Co., Ltd.'s proposal in February this year to share part of the 7th floor (approximately 578 square meters) of Jukjeon Digital Square in Suji District for the development of the AI industry and support for venture companies as part of its social contribution efforts.

Daou Technology Co., Ltd., which decided to provide the office space, will fully exempt the tenant institutions from rent and management fees for the duration specified in the agreement.

Institutions that move into this space will be able to use the building's amenities, allowing venture companies and research institutions with limited capital to reduce their financial burden and focus on technology innovation activities.

Participants are taking a commemorative photo after holding a business agreement meeting where Yongin Special City and Dowoo Technology Co., Ltd. agreed to provide office space to local medical institutions and universities to foster AI-related industries. Provided by Yongin City

In the space provided free of charge by Daou Technology Co., Ltd., Hankuk University of Foreign Studies will conduct technology start-up activities, Yongin Severance Hospital will use it as a clinical AI space, and Robocare Co., Ltd. will utilize it as a robot demonstration center. Kangnam University and Yongin Arts and Science University plan to use it as a base for education and business activities.

In this project, the city played a bridging role, providing administrative support such as matching tenants, to establish the foundation of the local AI industry and promote industrial revitalization.

The participating institutions at this meeting will sign free lease agreements with Daou Technology Co., Ltd., and are scheduled to move in sequentially from May to begin full-scale AI innovation activities.

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