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Programs

Innovative Startup Package(100 Startups from Materials, Parts & Equipment)

KISED identifies and fosters innovative startups in the materials, parts & equipment sectors which enhance technical independence and meet the demand of large and mid-sized companies.

Project
Summary

Eligibility

100 Startups from materials, parts & equipment industry with less than 7 years of history (Pre-entrepreneurs)

Scale of Support

Total budget: KRW 5 billion, Around 20 Startups (as of 2020)

Type of Support
Commercialization Fund

Grant up to KRW 200M in funding for prototype production & its upgrade, and marketing after the Center for Creative Economy Innovation (CCEI) diagnoses the degree of commercialization.

Education & Mentoring

Startup-tailored training/mentoring in tech field, networking, etc.

Follow-up Support

Up to KRW 3B in guarantee from KIBO, up to KRW 10B in policy funds from KOSME

Procedure

  • STEP 01 Project Notice
  • STEP 02 Application
  • STEP 03 Selection & Evaluation
  • STEP 04 Commercialization

Participation
Method

Application
Period

In the first half (subject to change)

How to
Apply

Online application via the K-startup website visit

Required
Documents

Business plan, Certificate of business registration

Contact

Startup Ecosystem Fostering Division (KISED) Tel. 044-410-1889, 1892, 1883