Gyeonggi Province VR/AR SMEs Gather in One Place ... Demo Day Held on the 29th

[Suwon Ilbo=Reporter Park No-hoon] The "NRP 4th Demo Day," a performance presentation event for companies in the 4th cohort of 'NRP (New Reality Partners),' Gyeonggi Province's virtual reality (VR) and augmented reality (AR) enterprise support program, will be held on the 29th from 10 a.m. at the 11th floor of Suwon Gwanggyo Business Center.

Hosted by Gyeonggi Province and organized by the Gyeonggi Content Agency, this event will feature 27 teams that were selected as the 4th NRP cohort through auditions held in May and have been receiving various support while conducting individual projects. The teams will present and demonstrate projects progressing across ▲idea stage (12 teams) ▲commercialization stage (10 teams) ▲killer content stage (5 teams) in three stages.
Notably, the event will attract numerous domestic and international industry stakeholders including investors, platform distributors, buyers, and specialized institutions to evaluate the project progress of the 27 participating companies and explore possibilities for follow-up support and investment.

Following the performance presentations by the 27 teams, a special session will be held introducing five trends in the VR/AR industry including the latest devices, platforms, and emerging industries.
The special session will feature five leading domestic and international companies to introduce new devices such as 'VR glasses,' which is emerging as a core of the global VR/AR industry, 5G network-based technologies, and VR/AR convergence business models attracting attention as emerging growth sectors such as healthcare and automotive.

Anyone in Gyeonggi Province interested in virtual and augmented reality can register for free through Onoffmix (https://www.onoffmix.com/event/196418) to participate in the NRP 4th Demo Day.
For more information, contact the Gyeonggi Content Agency Gwanggyo Cluster Center at (031-8064-1719).

Kong Jung-shik, Director of the Future Industries Division of Gyeonggi Province, said, "As 5G networks, devices, and platforms become more advanced, the virtual and augmented reality industry is expanding into the XR (eXtended Reality) industry," and added, "We will continue to support local companies to grow in line with global trends."

Meanwhile, the 'NRP (New Reality Partners)' program is an enterprise support program that Gyeonggi Province has been operating since 2017 to foster VR/AR sector companies by stage (▲idea planning ▲commercialization ▲killer content).