“Led to Startups and Sales”
Gwahak Gisul Saneophwa Jinheungwon Reviews Outcomes of Support Projects
Companies that acquired commercialization help from the Ministry of Science and ICT have continued to generate outcomes equivalent to gross sales development and abroad enlargement even after their initiatives ended. The funding offered within the early commercialization stage and the development of their applied sciences are being evaluated as key turning factors for coming into the market.
An occasion hosted by the Science and Technology Industrialization Promotion Agency is being held. Photo by Science and Technology Industrialization Promotion Agency
On the twenty fourth, the Gwahak Gisul Saneophwa Jinheungwon held a roundtable with corporations which have steadily created financial outcomes equivalent to attracting funding and producing gross sales after finishing commercialization help initiatives funded by the Ministry of Science and ICT.
At the roundtable, officers from corporations that participated in initiatives accomplished over the 5 years from 2020 to 2024 attended and reviewed how a lot the help contributed to their development, in addition to instructions for extra help going ahead.
Choi Jaewon, Chief Executive Officer of the medical system firm Avantirix, mentioned, “Through the support project, we were able to advance our business model and received help in navigating stringent medical device regulations and administrative procedures.” He added, “We were able to overcome the critical hurdle of applying for clinical trials, and a foundation was laid for our technology startup to move on to the next stage.”
Park Myunghwan, Chief Executive Officer of N2B, additionally mentioned, “At the startup stage, long-term support allowed us to foster research personnel and build a stable research environment,” including, “We successfully expanded our business areas and connected that expansion to launching a startup.”
The want for help geared toward increasing into abroad markets was additionally raised. Park Heongyun, Chief Executive Officer of Solarino, who gained the CES Innovation Award for 2 consecutive years after finishing the venture, mentioned that though the corporate confirmed abroad demand, it’s tough for a small or medium-sized enterprise to independently pioneer international markets. He famous, “Support for participating in international exhibitions after founding the company would likely help companies expand globally.”
Samjung Solution and Nanoscopesystems likewise burdened that further demonstration and linkage to demand are essential after productization.
Kim Byeongguk, President of the Gwahak Gisul Saneophwa Jinheungwon, mentioned, “This roundtable was not only an opportunity to review the performance of the support programs, but also a venue where we could directly identify corporate needs after the support ended,” including, “We will ensure seamless support for the newly launched ‘Public Research Outcomes Demonstration Pilot Project’ this year, and we will also strengthen initiatives such as support for participation in global exhibitions that we are preparing for this year.”
The Gwahak Gisul Saneophwa Jinheungwon plans to strengthen its full-cycle know-how commercialization help system in order that help outcomes will be linked to funding, market entry, and R&D. Through this, it goals to transcend short-term venture outcomes and set up a basis for the sustainable development of technology-based corporations.
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