Korea business grants

2026 Jangseong Smart Machinery and Electronics Support: Up to KRW 40 Million, Apply by August 19

작성자:
Jangseong Smart Machinery and Electronics support up to KRW 40 million

Small and medium-sized enterprises operating in Jangseong County may apply for up to KRW 40 million through the third round of the 2026 Jangseong Smart Machinery and Electronics Industry Support Program. The program covers consulting, technical guidance, prototyping, certification, technology transfer, and market-access activities. Applications close at 6:00 p.m. KST on August 19, 2026.

Who is eligible?

An applicant must be an SME with at least one headquarters, branch, factory, or corporate research institute located in Jangseong County as of the notice date. It must operate in, or be connected to, machinery, electronics, smart agriculture, or food-related industries.

Companies located in one of four designated special support areas may apply for the broader package track:

  • Donghwa Agricultural Industrial Complex
  • Donghwa Electronics Agricultural Industrial Complex
  • Samgye Agricultural Industrial Complex
  • Wolpyeong Semi-Industrial Area

How much funding is available?

  • Business-awareness and commercialization track: KRW 10 million to KRW 30 million
  • Special-area package track: KRW 10 million to KRW 40 million
  • VAT: Paid separately by the participating company
  • Company contribution: At least 5% of the grant for companies with recent sales below KRW 1 billion, or at least 10% for companies with sales of KRW 1 billion or more

The final grant and number of supported activities may be adjusted through the evaluation. Companies must generally pay the project cost and VAT first, submit the final report, and receive the eligible grant amount afterward.

Available support

Business-awareness and commercialization track

  • Management consulting: up to KRW 3 million, mandatory
  • Technical guidance: up to KRW 3 million, mandatory
  • Prototype production or product enhancement: up to KRW 19 million
  • Market development: up to KRW 5 million

Special-area package track

  • Management consulting: up to KRW 3 million
  • Technical guidance: up to KRW 3 million
  • Testing and certification: up to KRW 4 million
  • Technology transfer: up to KRW 10 million
  • Prototype production: up to KRW 19 million
  • Market development: up to KRW 5 million

Eligible companies may combine programs into a customized sequence, such as consulting, technical guidance, prototype development, certification, and market access. Package-track applicants must also submit the required K-TOP Tech-Index files used for the Korea Technology Finance Corporation’s AI-based innovation-capability analysis.

Application period and process

The application period runs from July 27 through 6:00 p.m. KST on August 19, 2026. Applications are submitted online through the SMTECH Regional Project Management System.

  1. Open the SMTECH Regional Project Management System.
  2. Select the third-round Jangseong Smart Machinery and Electronics notice.
  3. Complete the application and business plan.
  4. Upload consent forms, eligibility confirmation, and the duplicate-funding pledge.
  5. Attach the business registration, recent financial statements, employee-insurance list, and national and local tax certificates.
  6. Attach supplier registration documents, quotation, and comparison quotation.
  7. Complete the final submission before the deadline.

Selection process

JNETP conducts an eligibility review, an on-site assessment, and an in-person presentation evaluation. The scoring framework assigns 40 points to the need for support, 35 points to the validity of the proposed work, and 25 points to expected outcomes. Applicants should clearly connect the current business challenge, proposed scope, schedule, budget, commercialization potential, and expected employment or sales impact.

Exclusion conditions

An application may be excluded when it duplicates a previously supported project, a company or project manager is currently restricted from national R&D participation, or the applicant is bankrupt, tax-delinquent, registered as a delinquent debtor, or undergoing a newly initiated bankruptcy or rehabilitation process.

Other exclusions include a debt ratio of at least 1,000% for two consecutive fiscal years, full capital impairment, a disclaimed or adverse audit opinion, and false or manipulated application materials. The official notice provides limited exceptions for certain rehabilitation, restart-support, young-company, and industrial-crisis cases.

Contact information

  • Wooseok Noh, Jeonnam Technopark: +82-61-395-3184, nws@jntp.or.kr
  • Songa Yoon, Jeonnam Technopark: +82-61-395-3172, 1239ysa@jntp.or.kr
  • SMTECH system support: SME Integrated Call Center, 1357 within Korea

Important cautions

Funding is not available when the objective and content are identical or substantially similar to a previously supported project. Duplicate funding discovered after selection may lead to agreement termination, full repayment, additional penalties, or restrictions on future government support. A company that abandons the project without sufficient grounds may also face limits in a later application round.

Practical application tip

First confirm whether the company belongs in the general commercialization track or the special-area package track. Then build one practical project sequence from the current problem through consulting, technical guidance, prototyping, certification, and market access. Match each step with a deliverable, quotation, timetable, and measurable business result. Submit early because the official notice warns that the application system may become congested near the deadline.

This article is an English-language summary of the official Korean notice and does not guarantee selection or funding. Applicants should rely on the latest official notice for eligibility, contribution requirements, documents, and exceptions.

Official sources and verification date

2026 Ulsan Regional Business Growth Ladder: Up to KRW 11 Million, Apply by August 12

작성자:
Ulsan Business Growth Ladder support up to KRW 11 million

Ulsan-based small and medium-sized enterprises can now apply for the fourth round of the 2026 Ulsan Regional Business Growth Ladder Support Program. The program helps eligible companies pay for consulting, prototyping, intellectual-property work, certification, design, marketing, and other commercialization activities. Applications must be submitted online by 6:00 p.m. KST on August 12, 2026.

Who can apply?

In general, an applicant must be an SME whose registered headquarters is in Ulsan, operates in one of Ulsan’s designated key industries, and has at least five regular employees as of the application date. The relevant industries include automotive mobility, shipbuilding mobility, and manufacturing materials and components.

A branch, factory, or research center in Ulsan is normally not enough if the company’s headquarters is located elsewhere. Limited exceptions may apply to companies designated under supra-regional, regional innovation leader, or prospective R&D programs.

  • POST-BI track: Companies located in a qualifying public or innovation institution in Ulsan, with average annual sales below KRW 5 billion over the last three years.
  • Early-stage company track: Companies with average annual sales below KRW 5 billion over the last three years and an innovation-index score below 30 under the notice’s criteria.

How much support is available?

  • POST-BI companies: approximately one company, up to KRW 11 million per company
  • Early-stage companies: approximately two companies, up to KRW 10 million per company
  • Applicant cash contribution: at least 10% of the supply value remaining after the government grant
  • VAT: paid separately by the applicant

The notice also states that total support per company is capped at KRW 50 million when other Regional Specialized Project support is included. The final approved amount may be adjusted through evaluation.

Available support programs

Companies may apply for consulting, PRE-R&D, or POST-R&D support. Consulting and eligible subprograms may be combined, but PRE-R&D and POST-R&D generally cannot be requested together.

  • Consulting: Business-model strategy, productivity, ESG management, R&D project planning, technical guidance, process improvement, market research, and export strategy
  • PRE-R&D: Technology transfer, prototype production, equipment use, patent filing, and certification
  • POST-R&D: Product enhancement, design, marketing, export-product shipping, and interpretation or translation

Program reference rates range from KRW 4 million to KRW 50 million, but each selected company remains subject to the applicable track limit in this fourth-round call. Routine equipment replacement, purchases of capital assets, mass production, and mass-production molds are among the items not supported.

Application period and process

The application window runs from 9:00 a.m. KST on July 24 through 6:00 p.m. KST on August 12, 2026. Applicants must use the Regional Project Management System, select the Ulsan notice, upload the required forms and evidence, and complete the final submission before the deadline. Late or incomplete submissions are not accepted.

  1. Create an account on the Regional Project Management System (RMS).
  2. Register the company under the Ulsan region so the Ulsan call is visible.
  3. Select the fourth-round Growth Ladder notice.
  4. Upload the application, business plan, SME certificate, business registration, employee-insurance records, financial statements, quotation, and other required evidence.
  5. Confirm that the application shows a final-submission status before 6:00 p.m. KST on August 12.

How applications are evaluated

The process consists of an eligibility review, selection evaluation, and result notification. The evaluation allocates 40 points to the need for support, 35 points to the validity of the proposed plan, and 25 points to expected outcomes. Applicants should clearly explain their current business or technical challenge, the scope and schedule of the work, the reasonableness of the budget, and the likely commercialization, employment, or sales impact.

Who may be excluded?

Companies may be excluded for bankruptcy, suspension or closure, tax delinquency, registration as a delinquent debtor, pending bankruptcy or rehabilitation proceedings, full capital impairment, a debt ratio of at least 1,000%, or sanctions under another government-support program. Some exceptions are listed in the official notice. Duplicate funding is also prohibited when another government or local-government program supports the same product through an identical or substantially similar activity.

Contact information

  • Dayoung Lee, Ulsan Technopark: +82-52-219-8614, ekdud899@utp.or.kr
  • Junhyeong Park, Ulsan Technopark: +82-52-219-8617, kpe3839@utp.or.kr
  • RMS account and supplier registration support: SME Integrated Call Center, 1357 within Korea

Important cautions

One table in the official PDF appears to show November 30, 2025 as the support end date, while the 2026 implementation schedule indicates support from the agreement date through November 30. Selected companies should confirm the exact agreement and deliverable deadlines directly with Ulsan Technopark. Application statements must also match the supporting documents, and missing mandatory files can make an application ineligible.

Practical application tip

First determine whether the company belongs in the POST-BI or early-stage track. Then connect the requested program to a specific operational problem and measurable result. A concise narrative linking the problem, proposed work, timetable, quotation, and expected sales or employment impact will align naturally with the evaluation criteria.

This article is a plain-language summary of the official Korean notice and does not guarantee selection or funding. Applicants should rely on the latest official notice and instructions from Ulsan Technopark.

Official sources and verification date