Gyeonggi Province Seeks Participating Companies for 'Energy Innovation Technology Support Project'

[Suwon Ilbo=Park No-hoon] Gyeonggi Province is recruiting additional companies to participate in the 'Energy Innovation Technology Support Project' to strengthen the technological capabilities of energy-related companies in the province.

According to the province on the 23rd, the 'Energy Innovation Technology Support Project' is part of the 'Gyeonggi-style Green New Deal' policy for carbon neutrality, and aims to support funding for technical development in materials, parts, and equipment in the energy sector, with the goal of localizing energy technology and replacing imports.

The province previously selected 2 projects through this project on the 1st, but decided to conduct additional recruitment to give more companies an opportunity, it explained.

The support targets small and medium-sized enterprises related to energy in Gyeonggi Province, and applications must be submitted in the form of a consortium between a supply company and a demand company, under the condition that the R&D; results of the participating company are purchased by demand companies such as large corporations.

The submitted project proposals will be evaluated by experts, and approximately 3 projects will be selected. Each project will be supported with research and development funds of up to 400 million won over 2 years.

The application period is until August 27th, and applications can be submitted online through the Gyeonggi Technopark Performance Management System (http://pms.gtp.or.kr).

For more details, you can check the province's website (www.gg.go.kr) notice or the Gyeonggi Technopark Performance Management System notice.