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Korea Institute of Design Promotion to Drive Corporate Growth Through Design with 18.7 Billion Won in Support

Business Briefing for This Year Scheduled for March 5

The Korea Institute of Design Promotion (KIDP) announced on March 2 that, together with the Ministry of Trade, Industry and Energy, it will invest approximately 18.7 billion won this year to help companies grow through design.


This support aims to drive product innovation and market expansion through design across various sectors, including technology, manufacturing, and style industries, and to enhance the global competitiveness of small and medium-sized enterprises (SMEs) and mid-sized companies.


Korea Institute of Design Promotion to Drive Corporate Growth Through Design with 18.7 Billion Won in Support

This year, the following programs are scheduled to be announced: ▲ Design-Technology Collaboration Full-Cycle Support Project ▲ Design-Technology Collaboration Workforce Support Project ▲ Selection of Promising Style-Tech Companies ▲ Fostering and Globalization of Design Specialist Companies (Fostering Division) ▲ Design-Led Manufacturing Innovation Support Project ▲ Sustainable Design Support Project.


Companies that participated in last year's support programs achieved tangible results, such as increased sales, export contracts, and global awards. One of the promising style-tech companies selected, 'Studio Lab', secured 3.3 billion won in pre-Series A investment with its 'Photographer Robot (Zency PB)', which incorporates physical artificial intelligence (AI) technology, and also won the Best Innovation Award in the Spatial Computing category at CES 2026.


Yunju Kang, President of KIDP, stated, "Our institute's business support programs produced a variety of achievements over the past year," and added, "This year as well, we will provide multifaceted support so that companies can achieve tangible outcomes in areas such as product development, market expansion, and sales."

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


© The Asia Business Daily(www.asiae.co.kr). All rights reserved.


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