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Ulsan Provides Financial Support to 5 Startups

According to Yonhap News,

(ULSAN=Yonhap News) Ulsan City announced April 13 that it will select five promising startups and support them financially.

The five startups include EE R&C Co., Ltd., Creative Platform Co., Ltd., Incocam Co., Ltd., Piyuran Co., Ltd. and Camp Co., Ltd.

The companies were selected based on the capabilities of the CEOs, growth potential, management assessment and effects of job creation.

The city and Ulsan Techno Park will support and manage the companies to nurture them as the leading startups in the region. They will suggest technology development directions and provide KRW 30 million to each company.

Copyrights Yonhap News. All Rights Reserved.

Source Text

Source: Yonhap News (April 13, 2015)

** This article was translated from the Korean.