Gyeonggi Province is launching full-scale support for technological independence in core industrial sectors such as next-generation semiconductors and advanced mobility materials, parts, and equipment (SoBuJang).
The Gyeonggi-do Economic Science Promotion Agency announced on the 27th that it will implement the "2025 SoBuJang Leading Company Development Support Project," allocating a total budget of 1.7 billion KRW this year to provide commercialization funds of up to 75 million KRW to around 22 companies.
The support targets are manufacturing SMEs headquartered in the province for more than three years as of the announcement date, with at least 50% of their sales in the SoBuJang sector, and must have a corporate-affiliated research institute. Additionally, they must meet at least one of the following conditions: two or more research personnel, R&D expenditure ratio of 2% or more, or venture investment of 50 million KRW or more.
Selected companies will receive support in various areas including ▲prototype development ▲software license purchases ▲acquisition of intellectual property rights such as patents ▲product certification ▲consulting ▲production of promotional materials ▲participation in domestic and international exhibitions.
Kang Ji-hoon, Executive Director of the Economic Division at the Gyeonggi-do Economic Science Promotion Agency, stated, "In a situation where global supply chain instability and technological hegemony competition are intensifying, technological independence in materials, parts, and equipment is not a choice but a necessity. We will spare no practical support to help promising companies in Gyeonggi Province develop innovative technologies and secure competitiveness in the global market."
Meanwhile, last year, the agency supported 28 companies, achieving excellent results such as an increase in sales by 2.3 billion KRW, creation of 122 new jobs, and securing 31 intellectual property rights.
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