Cloto Co., Ltd. (CEO Lee Hyeon-seok), which operates a GovTech-based research and administrative digital transformation (DX) service, won an excellence award at the '2025 Government Technology (GovTech) Startup Competition' hosted by the Ministry of Science and ICT and organized by the National IT Industry Promotion Agency.
The Government Technology (GovTech) Startup Competition is a government-sponsored event that identifies and supports innovative ideas and technologies for public services, leveraging digital technologies like artificial intelligence (AI) and data to deliver digital convergence services to the public, address local and social issues, and innovate public infrastructure. Now in its second year, the competition, targeting aspiring entrepreneurs and early-stage startups, was divided into two categories: idea planning and product/service development.
Clotho presented "Hello Unicorn," a GovTech SaaS that supports settlement and post-management tasks arising from TIPS and national research and development (R&D) projects in the product and service development sector. This service was recognized for its technological prowess and practical applicability, as it separates research from administrative and execution tasks, allowing researchers and implementing organizations to focus on their research.
Hello Unicorn is a data-driven service that manages all aspects of research administration, including research grant execution, personnel expense accounting, settlement data verification, and post-project audits. Clotho utilizes actual research grant execution data to proactively identify potential administrative risks during research projects and offers an operational model that connects these risks to post-project audits.
Since this award, inquiries about Hello Unicorn's execution and service usage have also increased. Clotho explained that inquiries, which were primarily focused on existing research institutes and implementing organizations, have expanded to university-affiliated research institutes and graduate school labs. Accelerators and public project management agencies, which commission government-funded projects, are also increasingly inquiring about implementing services to streamline research administration and execution management.
Regarding this award, CEO Lee Hyun-seok of Clotho stated his commitment to continuously contributing to creating an environment where researchers and implementing organizations can focus on their research by technologically distributing the burden arising from research project execution and post-management processes. He also announced plans to build a trust-based GovTech execution and management infrastructure through collaboration with universities, research institutes, and accelerators.
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