Government provides up to 100 billion won per project for super-gap technology for mid-sized companies

The Ministry of Trade, Industry and Energy announced on the 15th that it held a launch ceremony for a roundtable to plan and discover the 'World Class 10 Wing Project' tasks at the LW Convention Center in Seoul.

This project is a project to foster mid-sized companies that will lead the global market in the 10 promising fields of the future through the development of super-gap technologies at the system level led by mid-sized companies. The Ministry of Trade, Industry and Energy provides support of 100 billion won for up to 5 years per project.

The Ministry of Trade, Industry and Energy plans to finalize the top 10 candidate tasks by the end of this year through in-depth discussions and verification through industry demand surveys, meetings, and hackathons, and plans to provide sequential support considering the urgency and importance of technology development.

Dong-il Park, director of the Industrial Policy Department at the Ministry of Trade, Industry and Energy, said, “We will actively support mid-sized companies to grow into global core companies that lead system technology and supply chains, and to restore the growth ladder between small, medium-sized, and large companies.”