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NVIDIA and the Ministry of SMEs and Startups are supporting AIoT startups.

Google 우선 소스Published2020.05.20 09:19
Supporting technological convergence for AIoT startups
Recruiting 30 startups in their 3rd to 7th year of operation
Providing funding, technology development and commercialization assistance



On the 19th, NVIDIA announced that it will cooperate with the Ministry of SMEs and Startups (MSS) and the Korea Institute of Startups and Entrepreneurship Development (KIED) to support startups in the field of Artificial Intelligence of Things (AIoT).
▲ N&UP program launched [Image = NVIDIA]

NVIDIA, the Ministry of SMEs and Startups, and the Korea Innovation Foundation launched the 'N&UP Program' on the 18th to support technology development and commercialization of AIoT startups and began recruiting companies to support them.

This year, the N&UP program will support a total of 30 companies, providing them with commercialization funds, training for technology development and convergence, consulting, investment linkages, and market development for companies in the AIoT field that have been in business for 3 to 7 years.

Applicants will be selected through document screening and technology presentations, and will be comprehensively evaluated based on factors such as the completeness of the technology, originality, and potential for entry into the global market.

Startups that apply for projects related to infectious disease prevention, diagnosis, and treatment to support COVID-19 victims will receive additional points during the document screening process.

The N&UP program provides support ranging from basic training to technology development and commercialization, investment linkages, networking, and promotion (market development).

The selected startups will be provided with commercialization funds and startup field We provide mentoring and other services utilizing our specialized infrastructure to help companies successfully enter the market through technological advancement and business model improvement.

NVIDIA leverages its AI expertise and infrastructure to provide practical training in AI and IoT, as well as expert consulting on the convergence of IoT technologies. Furthermore, it plans to support startups' participation in NVIDIA global events, focusing on promoting them to the global market and strengthening their capabilities.

Companies wishing to participate in the N&UP program can apply online through the K-Startup website by 6:00 PM on June 18th. The business briefing session will be held online during the application period, open to anyone.
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