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GICON to support the companies producing experiential convergence contents.

According to Newsis,

The Gwangju Information and Content Agency (GICON) will promote the revitalization of the local immersive content industry.

On April 5, the GICON announced that it will provide up to KRW 810 million to three companies that produce experiential convergence contents.

Experiential convergence content is a new technology that develops virtual reality (VR), augmented reality (AR), and extended reality (XR) that stimulates human senses to feel the same as real experiences.

Among the companies across the country (corporate businesses) that develop immersive content, the GICON will select one company for designated project, and two companies for free-style project, providing about KRW 270 million per project.

The companies who want to participate can apply by April 26.

The GICON has been promoting this support project since 2017, and fostered 19 projects so far.

Last year, it expanded the areas for support to performances and exhibitions, and it the projects will be unveiled at the Gwangju Content Cube (GCC) in May and June.

Source Text

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Source: Newsis (April 5, 2024)

** This article was translated from Korean.