Gyeonggi Province and Gyeonggi Content Promotion Agency (hereinafter referred to as Gyeongconjin) announced that they will recruit participating companies for the '2025 NRP (Next Reality Partners) Corporate Incubation' project to discover and support promising startups in the virtual fusion and new technology fields until May 15.
This project targets competitive local SMEs in the virtual convergence and new technology fields such as metaverse, virtual reality (VR), augmented reality (AR), extended reality (XR), and artificial intelligence (AI), and plans to select a total of 16 companies and provide commercialization funds of up to 30 million won each, for a total of 400 million won. In addition, along with the growth support program of a professional accelerator, direct investment of more than 300 million won in total will be made to promising companies within the year.
The support program is structured around practical activities to promote the actual growth of startups, such as customized diagnosis of companies, business model advancement, investment company mentoring, and investment round hosting. In particular, this year, we plan to provide a more elaborate program by dividing it into ‘Seed’ and ‘Pre-A’ according to the investment stage of participating companies. The Seed stage program will be operated by Reventures Co., Ltd., and the Pre-A stage by The Next Lab Co., Ltd.
Business applicants are small and medium-sized enterprises in the virtual fusion and new technology fields, and are companies with headquarters or branches in Gyeonggi Province or scheduled to relocate to Gyeonggi Province. Selected companies can receive additional investment linkage and growth support in conjunction with the 'Gyeonggi Level Up Program' operated by Gyeonggi Convergence.
Applications for the program can be submitted via e-mail until May 15th. For more information, please check the integrated recruitment notice on the official website of the Gyeonggi Content Promotion Agency (www.gcon.or.kr). For inquiries, please contact the Gyeonggi Content Promotion Agency Future Content Team (031-8064-1775).
Bae Young-sang, head of the Digital Innovation Division of Gyeonggi Province, said, “The NRP corporate incubation project is a key project to strengthen the competitiveness of Gyeonggi Province’s future content industry,” and added, “We look forward to the participation of many startups with promising technologies.”
- See more related articles
You must be logged in to post a comment.