Conditionally eligible

Korea University of Technology and Education (KOREATECH) Open Innovation Program – Integrated Recruitment of Participating Companies

한국기술교육대학교 오픈이노베이션 프로그램 참여기업 모집 통합 공고

한국기술교육대학교 앵커사업단

Can a foreigner apply?

Yes, with conditions

Foreigners are not excluded, but the announcement attaches requirements — residency, a Korean entity, a visa status or a partner. Read the conditions before you spend time on this.

Startups in the new growth engine industries located in Chungcheongnam-do. The business registration address must be in Chungcheongnam-do; if it is outside the province as of the application date, the address must be changed to Chungcheongnam-do before the agreement date. Specific demand-side companies have their own deadlines (e.g., MI Tech/ITCEN Global/Marubeni/Ceragem/CP Group·DTGO).

Funding

₩2000만

Deadline

2026-11-27D-23

Duration

12 weeks from the date of the agreement (MOU)

What you get

- Up to KRW 20 million per team in commercialization funding (used 100% by the supply-side company, disbursed in stages: 25%, 50%, 100% based on interim checkpoint results). - Expert mentoring/consulting for establishing an open innovation strategy. - Weekly progress check, technology advisory for technology advancement, and risk management. - Connection with a demand-side enterprise (large/mid-sized company) and a 3-party agreement (demand–supply–university). - Follow-up support: PO issuance, joint development, contract, or investment term sheet upon successful PoC completion.

What the announcement says about eligibility

Required documents

Supply Company Proposal [Attachment 1]
Company/Technology Introduction Materials
(if applicable) Certifications, Patent List, Application Case Materials
Consent to Collection and Use of Personal Information 1 copy [Attachment 2]
Business Registration Certificate
Financial Statements for the Last 3 Years or Value-Added Tax Standard Certificate

How to apply

11. Prepare the Supply Company Proposal and required documents.
22. Submit via email to heron100@koreatech.ac.kr by 21:00 on the respective demand company's deadline.
33. 1st round: Document screening (internal meeting for eligibility).
44. 2nd round: Presentation evaluation (2 internal + 3 external evaluators) for capability assessment.
55. 3rd round (if shortlisted): Presentation evaluation including the demand company representative, conducted at the KOREATECH Open Innovation Forum event.
66. Final selection: 1 supply company per demand task.
77. Sign a 3-party agreement (demand company – supply company – KOREATECH).
8

Machine-translated from the official Korean announcement. Always verify eligibility and deadlines with the source agency before applying.

View original announcement →

Korea University of Technology and Education (KOREATECH) Open Innovation Program – Integrated Recruitment of Participating Companies

What you get

What the announcement says about eligibility

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