○ Gyeonggi propels “2020 Regional Specialized Industry-Linked University Business Startup Support Project”
– Participants to be selected from among 37 university startup incubation centers designated by the Ministry of SMEs and Startups
– 8 universities to be chosen in total; 2 each from central, southern, western, and northern Gyeonggi regions
○ Support to be provided to resident companies in connection with specialized regional industries
– Capacity-enhancement programs (up to KRW 9.5 million) and commercialization support (up to KRW 50 million) to be offered

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Gyeonggi Province will work with university startup incubation centers within the province this year to foster specialized regional industries, create jobs, and revitalize local economies.
Gyeonggi Province announced on February 10 that, by February 21, it will recruit university startup incubation centers within the province that wish to participate in the 2020 Regional Specialized Industry-Linked University Business Startup Support Project with a focus on the aforementioned goals.

Gyeonggi Province announced on February 10 that, by February 21, it will recruit university startup incubation centers within the province that wish to participate in the 2020 Regional Specialized Industry-Linked University Business Startup Support Project with a focus on the aforementioned goals.

Gyeonggi Province currently focuses on fostering specialized industries in each of its four regions: central Gyeonggi (IoT, AR/VE, autonomous driving, ICT, etc.); southern Gyeonggi (optics, content, biotechnology, electrical and electronic engineering, etc.); western Gyeonggi (green growth, chemicals, materials, machinery, automotive, etc.); and northern Gyeonggi (textiles, furniture, medical equipment, etc.).

There are 37 eligible university startup incubation centers designated by the Ministry of SMEs and Startups this year: 14 in central Gyeonggi (Suwon, Seongnam, Hwaseong, and Anyang); 11 in southern Gyeonggi (Yongin, Anseong, Pyeongtaek, Icheon, Yeoju, and Osan); 6 in western Gyeonggi (Ansan, Siheung, Bucheon, and Gimpo); and 6 in northern Gyeonggi (Uijeongbu, Pocheon, Namyangju, and Goyang).

From among these, Gyeonggi Province plans to select a total of eight startup incubation centers to participate in the project, two from each of the four regions, and support these centers as well as their resident companies.
Startup incubation centers selected for the project can participate in capacity-strengthening programs including those for networking, demonstration events, and investment attraction for the successful launch of resident companies in connection with specialized regional industries through support of up to KRW 9.5 million per center.

Each resident company will receive up to KRW 50 million in commercialization funds for item and prototype development, test analyses, intellectual property right applications, and marketing activities.

University startup incubation centers and resident companies wishing to participate in the project can apply via the Gyeonggi Startup Platform (www.gsp.or.kr) by February 21.
For more information, contact the Gyeonggi-do Business and Science Accelerator Business Incubation Team (+82-31-259-6092, 6187) or the Gyeonggi Province Business Incubation Team (+82-31-8030-4273).