Ministry of SMEs and Startups receives materials, parts, and equipment technology transfer from universities and research institutes
Support for the commercialization of 31 business projects by SMEs


The Ministry of SMEs and Startups announced on the 24th that it has selected 31 projects in the first round for the 'Tech-Bridge Utilization Commercialization Technology Development Project,' which provides follow-up commercialization technology development funds (up to 800 million won over two years) to small and medium-sized enterprises that have received core technologies in the materials, parts, and equipment sectors from universities and research institutes.
The companies selected this time will receive up to 800 million won in technology development funds over the next two years. Universities and research institutes that will transfer technology to the selected companies will participate in the companies' technology development as joint development organizations, imparting the secrets of the transferred technology and engaging in joint technology development.

Looking at the selected companies by sector, they are in the order of electrical and electronics (15), chemistry (7), and machinery and materials (7), and 12 universities and 19 research institutes are participating as joint development institutions.

Among the selected companies, G2 Power Co., Ltd. holds numerous technologies for power switching devices, including 67 patents. With the technology transfer through this project, the creation of new markets is expected in the solar power generation sector and the energy storage system (ESS) sector.

JMJECO Co., Ltd., the only domestic manufacturer of clips—a type of power semiconductor component—is expected to expand its market into various industries, including electric vehicles, robots, and smart factories.

This project launched its first round of recruitment last March to select technology Request For Proposals (RFPs) in the materials, parts, and equipment sectors, which have high external dependence and an urgent need for support.

Projects with high commercialization potential were finally selected through collaboration between the Korea Technology Information Promotion Agency for SMEs and the Korea Technology Guarantee Fund, following evaluations linked to the Korea Technology Rating System (KTRS), discussion-based face-to-face evaluations, and reviews by a public evaluation panel.

The public evaluation panel was introduced to enhance fairness and ensure rational evaluation from the public's perspective, and 78 people participated, including master's and doctoral degree holders, professors, researchers in the materials, parts, and equipment sectors, as well as ordinary citizens with interest and insight in the field.

In addition to providing funding for technology development, the plan is to alleviate the burden of technology transfer for SMEs and increase the success rate of commercialization by linking with the Intellectual Property (IP) acquisition guarantee and commercialization guarantee currently operated by the Korea Technology Guarantee Fund.

Meanwhile, TechBridge is an online technology distribution platform operated by the Korea Technology Guarantee Fund.In this way, technologies held by universities and research institutes (380,000 cases) are matched with demand technologies by utilizing the Korea Technology Guarantee Fund's nationwide sales network (67 branches).