Terrarix Co., Ltd. Selected as a Company for the 'Super Gap Project' by Jeonbuk Small and Medium Business Administration

10 Billion KRW for Technology Commercialization... 500 Million KRW R&D Support Benefits

Government to Invest Over 2 Trillion KRW in Super-Gap Project

The Jeonbuk Regional Small and Medium Venture Business Administration of the Ministry of SMEs and Startups (Director Ahn Taeyong, hereinafter Jeonbuk SMBA) announced on the 22nd that it held a plaque awarding ceremony for the 'Super-gap Startup 1000+ (hereinafter Super-gap Project) selected companies' at the headquarters of Terrarix Co., Ltd. located in Haseo-myeon, Buan-gun, Jeonbuk.

This plaque awarding ceremony was prepared to commemorate the selection of Terrarix in the Jeonbuk region for the 'Super-gap Project,' which is being promoted as part of the Ministry of SMEs and Startups' key task this year, the 'Startup Venture Intensive Nurturing' project.

Kim Tae-young, CEO of Terralix (left in the photo), and Ahn Tae-yong, head of Jeonbuk Small and Medium Business Administration, are commemorating the plaque awarding ceremony for the 'Super Gap Project Selected Company' at Terralix headquarters.
[Photo by Jeonbuk Small and Medium Business Administration]

The 'Super-gap Project' aligns with global trends, technologies, and market demands in 10 new industry sectors. It is a public-private joint initiative to nurture more than 1,000 deep-tech startups that will lead the future of the national economy.

The government plans to invest more than 2 trillion KRW over five years in the 'Super-gap Project.' The 10 new industry sectors include ▲system semiconductors ▲bio-health ▲future mobility ▲eco-friendly energy ▲robots ▲big data & AI ▲cybersecurity & networks ▲aerospace & marine ▲next-generation nuclear power ▲quantum technology.

Terrarix is a startup founded in 2019 that develops and manufactures world-class air-cooled and water-cooled fuel cell power packs and core components for hydrogen fuel cells. In 2020, it was selected for the 'Three Major New Business Promotion Policies' award. The BIG 3 new industries are future cars, system semiconductors, and bio-health.

This year, Terrarix was selected as a support target for the Super-gap Project in the future mobility sector and will receive up to 1 billion KRW in commercialization funds over the next two years for global scale-up.

Ahn Taeyong, director of Jeonbuk SMBA, said, "Digital innovation is rapidly progressing in new industry sectors such as future cars and AI recently," adding, "Starting with Terrarix's selection for the Super-gap Project, we will make further efforts, including regulatory improvements, to foster many startups leading the global market in the Jeonbuk region."