LG's open innovation platform 'SUPERSTART' will be holding an open recruitment for 'SUPERSTART + Net Zero Challenge X' from April 21 to May 19 for startups with innovative technologies in the carbon neutral field.
This recruitment is part of the 'Net Zero Challenge X' project hosted by the Presidential Committee on Carbon Neutrality and Green Growth 2050 (hereinafter referred to as the Carbon Neutral Committee), and aims to discover promising cleantech startups and help them leap forward as global unicorn companies by providing support at each stage of growth.
'Net Zero Challenge X' is a nationwide carbon-neutral startup support program promoted through cooperation between the government, companies, and related organizations, providing systematic support from Tier 1 to Tier 3 according to the startup's growth stage. LG Science Park is the Tier 1 operating organization for this project and is responsible for initial selection and commercialization verification.
The open recruitment will be conducted in three stages: document screening, face-to-face presentation, and carbon neutral contribution evaluation. The startups that are finally selected will be granted qualifications for the 4th LG Super Start Incubator. In addition, various support will be provided, such as business verification (PoC) opportunities, free office space, welfare benefits, investment attraction opportunities, promotion, and external partner cooperation. Subsequently, in Tier 2 and Tier 3 stages, follow-up benefits such as startup packages, move-in space, green finance, and public procurement support can also be received.
LG has set artificial intelligence (AI), bio, and cleantech (ABC) as its future strategic businesses and is continuously expanding its cooperation with startups in the cleantech field. Through this, it aims to contribute to sustainable technology development and solving environmental problems.
Key examples from Super Start include Levitation, which provides eco-friendly packaging solutions, and Green Continue, which developed vegan leather from coffee grounds. The two companies are from Super Start’s 1st and 2nd batches, respectively, and have been recognized for their marketability and technological prowess through demonstration projects and collaborations.
“Collaboration with cleantech startups is an essential strategy for a sustainable future,” said Yang Seung-jin, team leader of LG Super Startup Team. “We look forward to the participation of many startups with innovative technologies and ideas.”
The recruitment target is startups that have completed corporate registration, and applications can be made through the Super Start official website. The recruitment period is from April 21 to May 19, 2024.
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