R&D Support and Business Nurturing

Build up SME’s R&D Capabilities

Direction

Strengthen self-sufficient R&D promotion capabilities of SMEs in the province and support addressing their difficulties

Target

Support 45 companies to develop core technologies and assist with business realization, address 50 technical issues, 33 cases of establishing and supporting business-affiliated research institutions

Support SME’s technological development
  • Support industry-academia-research core technological development and commercialization: 45 companies, 5.3 billion KRW
  • Support manufacturing process improvement and networking: 3 companies, 400 million KRW
Support with SME-customized technical issues
  • Support mock-up production and commercialization in connection with R&D centers: 50 companies and 1.4 billion KRW
  • Support businesses with difficulties through hosting a business table: 10 times
Establish R&D foundation
  • Newly establish and support company-affiliated research centers: 33 centers, 100 million KRW
  • Promote co-utilization of R&D equipment: equipment survey, utilization plan and management system established, 150 million KRW
  • Accommodations support for R&D center research: around 150, including 10 new beneficiaries

Nurturing Global Leading Companies

Direction

Nurture hidden champions in North Jeolla Province by discovering and nurturing leading companies in the strategic industry

Target

13 global leading companies selected, 20 cases of supporting overseas certification and patents, 20 cases of R&D support for technological innovation and capacity build-up

Nurturing leading companies capable of playing a key role in the provincial industry
  • Select new leading companies that are highly export-driven, along with high growth potential and local economic impact, and build up brand image
  • Provide support by growth phase in accordance with Korea’s national Hidden Champion Policy
    • Support in technological management, human resources management, market management, organizational management, performance management, etc.
Select global world-class small but strong local companies (5 among 300 candidates)
  • Provide support in connection with exclusive support programs and R&D support to establish growth strategies
  • Strengthen business capabilities through local autonomous programs
Support overseas advancement through marketing capability build-up for companies holding outstanding technologies
  • Select global leading businesses through global technological prowess diagnosis (13 businesses)
  • Provide report on the US market opportunity analysis support business marketing for the market

Nurture small but strong companies in ICT including S/W

Direction

Promote SW industry in North Joella Province as the foundation industry for the converged and integrated development with the local leading and representative industries

Target

Discover 7 small but strong SW companies, support 19 companies and 10 one-stop business start-up support cases

Nurture convergence/integrated small but strong SW companies
  • Support commercialization and R&D of outstanding idea products: 4 companies
  • Customized growth support to promote business activities after start-up: 15 companies
  • Support environmental improvement of SW companies and certify excellent SW companies
Establish and operate agriculture life SW convergence cluster
  • Establish the number one agriculture life and SW converged business start-ups through intensive support for idea discovery and business start-up
    • J-CAMP (education, consulting, mentoring), prototype production, office space, development infrastructure support in one-stop business start-up service: 10 companies