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Ulsan city to invest up to KRW 80 mln in attracting local hidden champions

According to Yonhap News,

The city of Ulsan announced a 2021 biz-support program designed to foster local hidden champions on Jan 26. The city authorities appointed Ulsan technopark a taskforce to undertake the charge of the project and inject as much as KRW 800 million. The program aims to boost biz-support schemes, helping mid-sized innovators invest more in R&D. The city provides greater access to R&D resources, mentoring services and sales networking channels. Subsidies given to each candidate are reported to be up to KRW 80 million. The ad to find the applicants is open until Feb 26.

Anyone interested can have detailed information on the program posted on the official website of Ulsan technopark. Applicants can submit the form online.

Source Text

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Source: Yonhap News (Jan 26, 2021)

** This article was translated from Korean.