The Korea Institute of Materials Science (KIMS, President Lee Jeong-hwan), a government-funded research institute under the Ministry of Science and ICT, has achieved significant results, including 42.9 billion won in sales and 40 new hires, as a result of its all-out efforts to support corporate commercialization.

The Korea Institute of Materials Science announced on the 16th that the 'Comprehensive Service Enterprise Support Project,' which has been implemented for two consecutive years using its own budget, has been found to have contributed significantly to the operational performance of companies.

The Korea Institute of Materials Science held a results evaluation meeting on February 15 to analyze project performance and confirmed these results.

The 'Comprehensive Service Enterprise Support Program' is a project that supports processes for corporate products, new product development, securing intellectual property rights, and marketing.

By specific project, a total of 16 companies have been selected and supported across two fields: △'Support for innovative technologies in future new industries,' targeting companies related to carbon-reducing materials and process technologies, high-capacity and long-life secondary batteries, high-efficiency solar cells, offshore wind power, and useful resource technologies; and △'Support for commercialization of materials and components,' targeting companies related to materials and components.

The performance analysis of participating companies showed that 12 out of a total of 16 companies achieved a total of 42.9 billion won in new revenue and saved approximately 3 billion won, while 13 It was confirmed that economic results occurred in which 40 new employees were hired at the company.

In addition to this, it was found that results such as 2 cases of marketing support, 3 cases of new sales channel development, and 1 case of new business planning support were generated.

In particular, 13 companies, accounting for 40% of the companies participating in this project, have secured up to 5 additional government projects with the support of the Korea Institute of Materials Science, and 8 companies, accounting for 25%, have received technology transfers from the institute and are currently commercializing them.

In addition, to resolve demonstration issues that arose in the materials, parts, and equipment (Sobu-jang) industry, the Korea Institute of Materials Science (KIMS) has provided parallel technical support to local companies facing demonstration challenges in conjunction with the 'Metal Materials Demonstration Testbed Construction Project,' which is being carried out jointly with Gyeongsangnam-do and Changwon City.

The Korea Institute of Materials Science confirmed that the 'Regional Specialized Enterprise Manufacturing Demonstration Technology Support Project' has optimized the mass production of key items produced by companies in the Gyeongnam and Changwon regions, and has also actively supported companies utilizing demonstration testbed equipment, thereby significantly contributing to the production of prototypes and commercialization of titanium alloy diffusion bonded products and superalloy ingots.

This project is pursuing support for a total of three years, until 2024, including a reduction of up to 2 million won per company in testbed equipment usage fees.

Lee Jeong-hwan, President of the Korea Institute of Materials Science, stated, “The ultimate goal of a company is to create new businesses and increase revenue through its internalized proprietary technology,” adding, “Our institute will prioritize supporting commercialization and do its utmost to fulfill a pivotal role in responding to national missions through active industry-academia collaboration.”