– New investment of 265 billion won in support for commercialization of promising technologies for SMEs (4.6 times compared to last year)
– Customized support for each stage of growth, from initial start-up to growth and leap forward

□ In order to advance into the market of promising technologies for small and medium-sized enterprises in the land transport sector, a new project in '21' of the'National Transportation Technology Commercialization Support Project' (hereinafter referred to as'Technology Commercialization Support Project'), which supports prototype production, verification, and test construction, is being promoted in earnest. .

ㅇ The Ministry of Land, Infrastructure, and Transport secured a R&D budget worth KRW 265 billion to strengthen technological competitiveness and commercialization of small and medium-sized enterprises in the field of land transportation, focusing on the top 10 promising industries for land transportation with high potential for future growth. It announced that it will support new projects.
* Smart city, green architecture, autonomous vehicles (future vehicles), drones, automobile aftermarket, smart construction, smart logistics, proptech, spatial information, railway parts + α

ㅇ The'Technology Commercialization Support Project' is a project that supports the commercialization of technology at the level (technological maturity level 6 or higher) that is directly planned and developed by SMEs and completed laboratory performance verification.

-It is expected to contribute significantly to fostering global hidden champions and creating jobs by promoting technology commercialization of small and medium-sized enterprises (SMEs) that possess promising technologies but are struggling to secure funds to enter the market.

□ MOLIT increased the budget for research and development (R&D) of SMEs this year by about 19 times compared to the previous year in order to prevent the deterioration of research capabilities of SMEs and venture companies due to the Corona-4.6 situation, and to fully support the strengthening of technological competitiveness. Increased amount*, and systemized business support tailored for each stage of growth of SMEs, including ① start-ups, ② innovative SMEs, ③ private investment connection, and ④ connection with demanding organizations.
* New budget for technology commercialization support project: 20 billion in 57 (18 projects) → 21 billion in 265 (84 projects)

① In the case of start-up (initial start-up) support that supports research funding of up to 7 million won (within three years of research period) for companies with less than 4 years of start-up, companies that have applied patents, not registered patents, also apply in consideration of the initial start-up. Greatly ease the conditions of support, such as making this possible,

② It is planned to provide up to 13 billion won (within 3 years of research period) for technology improvement, prototype production and verification of SMEs that have transferred technology from public institutions or promising technologies developed by SMEs.

③ In addition, in the case of small and medium-sized enterprises (SMEs) that have received private investment (over 3 million won in the last three years) because their commercialization capabilities have been verified, up to two billion won (research period of three years) for integrated support throughout the entire commercialization process such as additional technology development, certification and verification, and field application. Within) scale of funding,

④ In order for SMEs to derive the results of commercialization within the research period, public institutions will also provide up to 13 billion won (within 3 years of research period) for projects related to demand institutions that provide a place for research labs.

□ Details on the project support scale and support details are being announced (Jan. 1.8-February 2.9) on the website of the Korea Agency for Infrastructure Technology Advancement (KAIA) (www.kaia.re.kr/Notification/Project Notice/Land Transport R&D), and research fund support will begin in April after proposal submission and selection evaluation.

□ Ministry of Land, Infrastructure, and Transport Head of the Corporate Growth Support Team, Oh Gong-myeong, stressed, “For the growth of small and medium-sized venture companies in the field of land and transport, it is important to provide policy support to gather manpower and capital for the development of excellent technologies.” ,

ㅇ “We plan to do our best to strengthen the competitiveness of SMEs and secure growth engines through commercialization, including support for technology development of small and medium-sized enterprises in the field of land and transportation, as well as support for market development that can apply the developed technology to the field."

 

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