The Korea Innovation Foundation Foundation is dedicated to the provision of infrastructures and environments conducive to vibrant commercialization of innovative research outputs produced within five Korea Innovation Foundationes across the country.
Systematic management of spaces by retaining effective arrangement/constitution of educational and residential areas within five Korea Innovation Foundationes
Ensuring that universities, government- funded research institutes, and resident companies in Korea Innovation Foundation meet the qualification criteria set out by the Korea Innovation Foundation Act
Land development for industrial use in response to regional industrial demand
How to move into Korea Innovation Foundation? Any institutions/entities willing to move into the Korea Innovation Foundation should file an application to the Korea Innovation Foundation Foundation. Private sales/lease contracts together with a formal approval from Korea Innovation Foundation Foundation are required for the move-in process.
What are the benefits? Korea Innovation Foundation resident companies are eligible to apply for R&BD subsidies/grants programs run by the Korea Innovation Foundation Foundation, as well as for tax reduction benefits.
Tech-intensive Companies and Research-based Spin-off Companies
Exemption for the first three years, 50% reduction for the following two years
Exemption for the first seven years, 50% reduction for the following three years
The Korea Innovation Foundation Foundation builds co-working spaces where universities, government-funded research institutes, and companies based in the Korea Innovation Foundation can cooperate with each other, thereby facilitating the creation of innovative research outcomes and technology commercialization.
KOREA INNOVATION FOUNDATION is a professional technology commercialization institution to efficiently pursue the business of fostering according to the Special Act on the Promotion of Special Research and Development Zones, Etc.
With the diffusion of the INNOPOLIS model to other regional hubs, total five INNOPOLISes are currently in operation, making significant contributions to balanced regional development in South Korea.
The INNOPOLIS Model The INNOPOLIS, as an R&D-focused innovation cluster, is contributing to national economic growth via intellectual property creation and technology commercialization. INNOPOLIS creates an Innovation Cluster with a Virtuous Circle of R&D, Tech Commercialization, Re-investment
The STP training program has introduced Korean style of management system for Science & Technology Parks(STPs). Participants of the STP program will get hands on know-how on development, operation and management of STP
Sharing the know-how
Building a social network
Hands on experience