Innovative Startup Package — Materials, Parts & Equipment

The Innovative Startup Package for Materials, Parts & Equipment is KISED's sector-specific route for startups and pre-entrepreneurs working in Korea's materials, parts, and equipment supply chain. It is narrower than the general startup packages and is aimed at teams building domestically strategic industrial components or upstream commercialization projects. Applicants can be pre-entrepreneurs or companies with less than seven years of history. Awards go up to KRW 200 million per startup for prototype production, product upgrades, and marketing. Applications open in the first half of the year through the K-Startup portal, and the programme is run on an annual cycle. The route is limited to Korea and keeps the focus on for-profit startup activity rather than universities or nonprofits. This package fits teams that can explain why a materials, parts, or equipment product needs a concentrated commercialization push rather than a broad growth grant. The strongest applications are likely to be those with a tangible prototype path, a clear upgrade plan, and a market entry story that matches the sector's supply-chain importance.

Each grant below is a distinct funding opportunity with its own eligibility, scope, and deliverables.