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2024 Super Gap Startup 1000+ Project Launched

sungho-choo - 2024 January 10

The Ministry of SMEs and Startups announced the opening of the 2024 Super Gap Startup 1000+ Project. This ambitious initiative is designed to provide crucial R&D support to promising startups equipped with distinctive technologies within 10 new industries.

This year, a total of 380 startups with less than 10 years of establishment will be selected, and the initiative will be operated through two tracks: the Deeptech Incubator Project for Startup and the Tech Incubator Program for Startup.

  1. The Deeptech Incubator Project for Startup=217 selected startups will receive KRW 1.1 billion in direct support, including up to KRW 600 million in commercialisation funds and KRW 500 million in R&D funds depending on corporate demand over the next 3 years.
  1. Tech Incubator Program for Startup=150 deep-tech startups that received over KRW 300 million from TIPS operators will receive amaximum support of KRW 1.7 billion, including KRW 1.5 billion in R&D funds over the next 3 years.

10 new industries=➊ System Semiconductor ➋ Biotech and Health ➌ Future Mobility ➍ Eco-friendly and Energy ➎ Robotics ➏ Big Data and AI ➐ Cybersecurity and Networking ➑ Aerospace and Ocean ➒ Next-Generation Nuclear Power ➓ Quantum Technology


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