Daejeon Creative Economy Innovation Center (CEO Daehee Park, hereinafter referred to as Daejeon Innovation Center) and Daejeon Metropolitan City are actively promoting the 'Startup Advanced Support Project' to enhance the scale-up and global competitiveness of technology startups in the Daejeon area.
This project was established to discover and foster promising startups with excellent technology and products based on the Daejeon Startup Park, promote strategic open collaboration (Open Innovation) with large public and private companies, and support the early growth of startups and strengthen their global competitiveness.
The support areas are divided into three tracks: ▲Collaborative Task Type (technology-based startups that can solve collaborative tasks presented by Hana Bank and Korea Water Resources Corporation), ▲Regional Specialization Type (startups that have attracted more than Seed or other investments in strategic industries in Daejeon City), and ▲Global Expansion Type (startups preparing to enter the global market). The 13 or so startups that are finally selected will receive customized support tailored to the characteristics of each growth stage, such as business advancement, strengthening market competitiveness, and global expansion.
In addition, the selected companies will receive an average of 30 million won in commercialization funds, which can be used for practical commercialization activities such as technological advancement, prototype development, market verification, and global localization. In particular, companies selected for the collaborative project track will receive preferential benefits from programs operated by Hana Bank and Korea Water Resources Corporation, as well as various follow-up support, providing opportunities for high growth through public-private cooperation.
Detailed schedules and announcements can be found on the Daejeon Innovation Center website , and applications and submissions will be accepted via email until the 2nd of next month.
Park Dae-hee, CEO of Daejeon Innovation Center, said, “Through this project, we hope that promising startups in Daejeon can strengthen their technological competitiveness and lay the foundation for public-private collaboration and global expansion,” adding, “We will continue to do our best to provide comprehensive support so that local startups can create tangible results and continue to grow sustainably.”
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