Foundation, six start-ups by researchers through planned start-ups, attracted 4.6 billion won of investment at the same time as the start-up -Organized a dream team that can plan Technology+Market+BM through collaboration with company builders- -The number of government-funded research institutes participating in researchers' start-up has increased from four to seven-

□ Korea Innovation Foundation (President Yang Sung Kang, hereinafter "Foundation") announced that it has initiated 6 researcher startups through a pilot project over the past year and has attracted 4.6 billion won in funding at the same time as the startup at the “Planned start-up support project” performance report on the 29th (Wed)

 

ㅇ The Foundation additionally announced, "To spur the promotion of public technology-based startups in INNOPOIS, we would expand and operate Government-Funded Research Institutes from 4 to 7, and signed a business cooperation MOU with 3 additional institutions.

 

□ The planned start-up support project is not just a support (education, mentoring) for researchers' start-ups, and it is characterized by the fact that company builders participate with researchers in the early stages of start-ups such as planning, team formation, business model development, and follow-up investment to form a dream team that enables “technology + market + business model planning.”

 

ㅇ The start-up of researchers is having many difficulties in entering the market and attracting investment as it is a business model that requires prototyping, mass production, and certification.

 

ㅇ To solve such problems, researchers and company builders were able to reduce many trials and errors by planning together from the initial stage, which led to attracting investment at the same time as the start-up.

 

ㅇ In particular, this project is meaningful because it leads the start-up fever of public technology by discovering 28 start-up items in Government-Funded Research Institutes through the difficulties of "Covid-19," creating six start-ups* and attracting 4.6 billion won in investment.

 

□ The Foundation plans to expand the "Planned start-up support project," which was operated on a pilot basis, to further promote public technology-based start-ups within INNOPOLIS.

 

ㅇ To this end, government-funded research institutes participating in this project will be expanded from the existing four institutions to seven by adding three institutions to continue to support early start-ups to have competitiveness through R&BD of planned start-ups.

 

□ Yang Sung-Kwang, president of the Foundation, said, "We will continue to make efforts to ensure that the Foundation plays the key role in supporting start-ups based on public technology through more active and preemptive projects so that high-quality start-ups may continue.".