Gyeonggi Innovation Center, Selected as the “Best (S-Class) Supervisory Organization” for the second consecutive year of start-up leap package support project

On the 15th, the Gyeonggi Creative Economy Innovation Center announced on the 15th that it was recently selected as the best organizer of the ‘2019 Entrepreneurship Leap Package Support Project’ hosted by the Ministry of SMEs and Startups and Startup Promotion Agency.

The Gyeonggi Center for Creative Economy and Innovation (hereinafter referred to as the Gyeonggi Innovation Center) was selected as the best (S-class) organizer of the Entrepreneurship Leap Package for 2 consecutive years following 2018. At the same time, the project operation and support performance of start-up companies were highly evaluated, and this year, it was finally selected as the supervising agency for the extension, and the support project was operated for the fourth year.

The Startup Leap Package Support Project of the Ministry of SMEs and Startups is a business that supports innovative growth and scale-up of start-up companies in the 3rd to 7th years, providing financial support for commercialization and specialized programs.

The Gyeonggi Innovation Center has maximized the performance of start-ups through differentiated professional programs and follow-up support such as ▲ KT commercialization cooperation (K-Champ Collaboration), ▲ Hong Kong Launchpad participation support, ▲ Investment IR Demo Day, ▲ Biz-Marketing support. .

As a result, in 2019, childcare companies recorded 44.8 billion won in sales, 433 employees, and 45.1 billion investments, and one childcare company succeeded in EXIT through IPO.

From this year onwards, more active support will be launched. The Gyeonggi Innovation Center plans to produce more promising companies through direct investment and open innovation.

An official from the Gyeonggi Innovation Center said, “In 2021, it will be helpful in overcoming Death Valley and scale-up for start-ups in the 3rd to 7th years through the start-up leap package support project that maximizes the specialized functions of the Gyeonggi Innovation Center.”

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Author/ Translator: Jamie Kim
Bio: Jamie Kim is a technology journalist. Raised in Hong Kong and always vocal at heart. She aims to share her expertise with the readers at blockreview.net. Kim is a Bitcoin maximalist who believes with unwavering conviction that Bitcoin is the only cryptocurrency – in fact, currency – worth caring about.