Introducing Gyeonggi Techno Park

Introducing Gyeonggi Techno Park, a source of pride for me.

The South Korean government identified Silicon Valley as the driving force behind the Third Industrial Revolution in the United States and formulated a medium to long-term plan for strengthening the technological infrastructure in 1995. To foster regional-specific strategic projects and achieve national balanced development, it established a special law on supporting industrial technology complexes and designated regional technoparks in 1998.

In Gyeonggi Province, six regions participated in a competition to attract technopark projects, among which the consortium backed by the national industrial complex Smart Hub, located in Ansan City, was selected as the operator of Gyeonggi Techno Park.

Since its establishment in 1998, it has attracted government-funded projects to nurture bio, robotics, IT, and automotive small and medium-sized enterprises (SMEs). Simultaneously, it aimed to attract overseas global companies and national research institutes to create a global innovation cluster.

As a result of these efforts, Gyeonggi Knowledge Property Center was attracted in 2005, and Ansan Science Valley was declared in 2009, followed by its designation as a leading research and development special zone in the Seoul metropolitan area in 2019.

Besides, the South Korean government has designated and fostered 19 regional technoparks for the development of specialized industries in various regions.

Gyeonggi Techno Park comprises four headquarters and 13 teams, with approximately 140 staff members working together. The accumulated funds so far include 240 billion won from the government, 410 billion won from Gyeonggi Province, 660 billion won from Ansan City, and 300 million won from six universities, totaling 1.3 trillion won, with an annual budget of around 1 trillion won.

Covering approximately 70,000 square meters, Gyeonggi Techno Park houses over 200 tenant companies and around 1,000 employees. Meanwhile, Ansan Science Valley spans an area of 2,200,000 square meters and accommodates eight research institutions with over 3,000 researchers collectively contributing their intellectual prowess.

Gyeonggi Techno Park provides comprehensive support throughout the entire process to help startups grow into globally competitive innovative companies. It offers various support programs, including direct assistance to companies through "technology doctors," comprehensive support for intellectual property-related matters, technology transfer, technology commercialization, and digital transformation support. The park is committed to continuously supporting the growth of companies in Gyeonggi Province.

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