[서울파이낸스 박시형 기자] The government selected 22 top domestic companies specialized in core strategic technology and decided to provide up to 25 billion won per company for five years for research and development (R&D).
On the 11th, the Ministry of Trade, Industry and Energy held the’Vision Declaration Ceremony for the Chief Small Officer (materials, parts, equipment) company’ at the Sejong Convention Center, and selected and announced 22’Top Small Companies’.
The best small-manager company refers to a company with the best technology and future growth potential in Korea in the 100 major strategic technology areas.
From October last year to 123 companies that applied for the best company for three months, 200 experts selected 22 companies through a four-step evaluation.
Following 22 of this year, the government plans to select 100 leading small-market companies by 2024 and foster them into global companies.
If the selected companies are classified by size, there are 2 large companies, 14 mid-sized companies, and 6 small and medium-sized companies.
By field, 3 semiconductors (Jusung Engineering, Gyeongin Corporation, Dongjin Semichem), 7 displays (KOLON Industries, Shinhwa Intertek, Sunic Systems, H&Iruja), 7 mechanical metals (YG-One, Iotechnics, Hygen Motors) , Saesol Diamond Industry, SBB Tech, Asflo, Mirae Company), 4 electrical and electronic fields (A-Tech Solution, Iljin Materials, Amotech, Eco PROBM), 3 cars (Sang-A Front Tech, Sungwoo Hitech, Autogen) ), and one chemistry (fuseong).
The government provides close support for leading companies throughout the entire cycle, including technology development, commercialization, and global advancement by linking more than 100 available programs at the government level over the next five years.
It plans to induce aggressive technology development investment by supporting R&D of 25 billion won per company (5 billion won per year) and greatly easing corporate burdens.
It promotes commercialization of technology development results through empirical evaluation based on test beds of 339 public institutions, and provides an industrial technology policy fund worth 400 billion won first to actively support necessary funds such as M&A and facility investment.
In order to expand the market, it actively promotes leading companies to overseas leading platforms, provides customized strategic consulting for each company, and supports entry into overseas online and offline exhibitions.
In order to improve unnecessary regulations, the small manager’s supply and demand response support center will be designated as a dedicated counter for regulatory difficulties for leading companies, and the regulatory high-pass system will review whether or not improvement is made within 15 days of the application for regulatory improvement by leading companies.
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