In March, the Ulsan Institute of Science and Technology (UNIST) teacher start-up company Resense Medical was listed on the KOSDAQ. The company is growing precision cooling medical units in dermatology and animal medication primarily based on the speedy precision cooling know-how owned by Professor Kim Gun-woo’s lab in the Department of Mechanical Engineering.
The itemizing of Resense Medical is evaluated as the fruit of UNIST’s “R&D scale-up” technique geared toward commercialization from the authentic know-how stage. The college supported the total start-up course of, together with manufacturing and licensing prototypes for Resense Medical, scientific trials, funding attraction, and abroad enlargement. An official from UNIST stated, “The goal is to commercialize basic and sourced research results of teachers and students and to grow them in the market,” including, “License Medical must have received a lot of help from universities in the production facilities and network sectors for overseas expansion.”
Ulsan, an industrial metropolis with Korea’s largest industrial complexes resembling vehicles, shipbuilding, and petrochemicals and research-oriented universities, is quickly rising as a great metropolis to begin a enterprise.
Ulsan City introduced on the thirty first that it ranked 391th in the world in the Global Startup Ecosystem Index 2026 launched by Startup Blink, a world startup evaluation company. Since 2017, start-up Blink has been releasing its start-up ecosystem index to 1,500 cities round the world yearly.
Ulsan, which entered the rankings for the first time final 12 months and ranked 546th, rose 155 locations in a 12 months, rating fourth in Korea after Seoul (twentieth), Daejeon (296th), and Busan (328th).
Ulsan City analyzed the outcomes consequently of reflecting the strengths of the nation’s largest industrial metropolis. Among technology-based startups, Ulsan accounts for 25.6% of manufacturing startups, 1.8 occasions greater than the nationwide common (15.6%). UNIST’s five-year survival price for deep-tech startups, which the authorities fosters as southeastern start-up bases resembling Busan, Ulsan, and Gyeongnam, is 70%, the highest in the nation. In specific, Ulsan confirmed power in the subject of environmental purification know-how. In the analysis of the subject, Ulsan was acknowledged for its competitiveness in Korea and fourth place in East Asia. The development price of associated start-up ecosystems was 145%, the fourth-largest in East Asia.
Ulsan City defined that it obtained constructive critiques for strengthening the technology-based start-up assist system, together with the operation of the Ulsan Startup Hub at the Jongha Innovation Center, UNIST’s choice of a deep tech start-up-oriented college, and the creation of a 50 billion received regional development fund.
Ulsan City plans to enter the world’s prime 100 start-up cities in the subsequent 5 years by fostering 500 deep-tech start-ups, cultivating 500 synthetic intelligence (AI) skills, and establishing methods to advertise manufacturing synthetic intelligence start-ups in reference to main industrial innovation.
The authorities’s choice of Ulsan as a producing start-up metropolis can also be a constructive issue. In order to leapfrog the native start-up ecosystem to a world stage, the authorities designated the space the place the 4 main science and know-how facilities are positioned as start-up cities. To this finish, it plans to strengthen the funding ecosystem centered on start-up cities by making a regional development fund value 450 billion received beginning this 12 months.
Ulsan’s power is that it has an setting by which startups can freely exhibit know-how in world firms resembling Hyundai Heavy Industries, Hyundai Motor, S-Oil, and Korea Zinc.
Accordingly, Ulsan City plans to designate UNIST as a deep-tech start-up-oriented college and domesticate key skills by establishing a start-up middle and strengthening instructional cooperation with native universities. Lee Young-hwan, director of the Corporate Investment Bureau of Ulsan City, stated, “The results of this evaluation mean that Ulsan’s foundation for start-ups is well established. The biggest strength is the start-up ecosystem that connects startups with major industrial conglomerates such as automobiles, shipbuilding, and petrochemicals.”
[Ulsan reporter Seo Daehyun]