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Jeollabuk-do selected five software hidden champions for R&D support, etc.

According to Yonhap News,

On November 7, Jeollabuk-do announced that it has selected five software companies with excellent technology as hidden champions.

Jeollabuk-do and Jeonbuk Techno Park awarded them with designation letters at the Jeonbuk Tech Biz Center and listened to their difficulties.

The selected companies are SpatialT, MHsoft, Motion Dynamics, Telos, and Hongseok.

The province has selected software companies with high growth potential and excellent technology as hidden champions since 2015, producing 30 such companies so far.

Selected companies receive various benefits such as additional points, support for R&D planning, and marketing and consulting support when applying for public contest to secure R&D support for commercialization of excellent ideas.

Source Text

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Source: Yonhap News (Nov. 7, 2023)

** This article was translated from Korean.