[Asia Economy Reporter Park Hyesook] The Incheon Free Economic Zone Authority, Incheon Technopark (Incheon TP), and Incheon Tourism Organization have joined forces to nurture and support smart MICE startups.
Smart MICE refers to the convergence of the MICE (Meetings, Incentives, Conventions, and Exhibitions) industry with related sectors such as accommodation, shopping, and tourism, based on ICT (Information and Communication Technology).
On the 13th, the three organizations signed a mutual business agreement at Incheon Startup Park, attended by Baek Hyun, President of Incheon Tourism Organization, Lee Juho, Director of Incheon TP, and Byun Jooyoung, Deputy Director of Incheon Free Economic Zone Authority.
The main contents of the agreement include ▲discovering and nurturing innovative startups in the smart MICE sector ▲implementing demonstration programs at Incheon Startup Park and Incheon Tourism Organization for early commercialization of startups ▲linking demonstration resources to support global demonstration of startups.
According to the agreement, Incheon Free Economic Zone Authority and Incheon TP will utilize the infrastructure of Incheon Tourism Organization, such as Songdo Convensia, Harbor Park Hotel, and City Tour Bus, to discover startups possessing demand technologies and support their product demonstration and commercialization with project funds.
They plan to actively support startups to grow into unicorn companies by linking with investment support from Incheon Startup Park and global expansion projects.
At the "Smart MICE Startup Development and Support Business Agreement Ceremony" held on the 13th at Incheon Startup Park, Lee Ju-ho, Director of Incheon TP (second from the left in the front row), Byun Joo-young, Deputy General Manager of Incheon Economic Promotion Agency, and Baek Hyun, President of Incheon Tourism Organization, are taking a commemorative photo with the attendees. [Photo by Incheon Economic Promotion Agency]
Baek Hyun, President of Incheon Tourism Organization, said, "We hope startups succeed in commercialization by utilizing the demonstration resources of Incheon Tourism Organization, and we expect the competitiveness of Incheon tourism to be further strengthened through innovative products and services."
Byun Jooyoung, Deputy Director of Incheon Free Economic Zone Authority, stated, "Today’s agreement will be the starting point for Incheon to grow as the center of the smart MICE industry. We will continue to provide various supports, including enhancing startup products through demonstration support for companies."
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