Shortcut to Body Shortcut to main menu

Invest Korea

Search

Investment News

  • Home
  • Information Center
  • Newsroom
  • Investment News
The environment ministry to help 10 water businesses grow into globally competitive innovators
Date
2021.03.04
Views
22

According to Yonhap News,


The Ministry of Environment announced a business and R&D assistance program on Mar 1 targeting 10 companies in the water industry. The support scheme which started last year for the first time, aims to identify 10 promising candidates annually and help them develop into globally competitive innovators.

Anyone interested in the program can submit the application form until Apr 11 via email (innowater@kwp.or.kr).

Possible candidates entitled to apply must meet two of three requirements below:
- a water business whose R&D spending as a percentage of net sales goes beyond 3% over the past two years,
- a water business whose R&D investment to exports ratio exceeds 5%
- a water business who’s acquired internationally applicable certificates.
After several stages of screening and deliberative process, the environment ministry will select shortlistees and launch the provision of support programs.



Source Text


Copyrights Yonhap News. All Rights Reserved.
Reprint or redistribution without permission is prohibited.



bookmania@yna.co.kr

Source: Yonhap News (Mar 1, 2021)


** This article was translated from Korean.
Meta information