Incheon TP, Discovering and Nurturing Robot Star Companies... Supporting 2 Firms with 50 Million Won Each

[Asia Economy Reporter Park Hyesook] Incheon Technopark (Incheon TP) is recruiting small and medium-sized enterprises to participate in the 'Robot Star Company Development Project' until the 14th of next month.

This project, aimed at driving the growth of the robotics industry, is a program that discovers and supports companies with technological capabilities and potential to nurture them into star companies.

Eligible applicants are small and medium-sized enterprises headquartered in Incheon, operating corporate-affiliated research institutes, with an average annual sales of 1 billion KRW and an R&D investment ratio of 1% or more.

Incheon TP plans to select two companies and support each with up to 50 million KRW for commercialization and marketing expenses such as certification acquisition, patent application, mold and prototype production.

Applications can be submitted through the business support information provision site BizOK.

Previously, Incheon TP selected three companies through this project last year, helping with new product development and early market launch.