Incheon City's 'I-Startup Unicorn Dream Project' Shows Tangible Results in Overseas Expansion
Connecting the Technology and Business Expertise of Five Major Big Tech Companies to Incheon Startups
Incheon City's 'I-Startup Unicorn Dream Project,' which is being promoted in collaboration with global big tech companies, has begun to yield results such as overseas market expansion.
According to the city on August 13, this project is designed to connect the technology and business management capabilities of five global big tech companies—Microsoft, Amazon Web Services, IBM, Siemens, and Ansys—to Incheon-based startups.
By providing tailored technological support and expert consultation for each company, the project assists with phased global commercialization. Recently, this has led to achievements such as overseas expansion, contract acquisition, and enhanced technological competitiveness for Incheon startups.
Sheco, a marine oil spill response robot company, has completed or is in the process of negotiating deliveries to three countries, including Taiwan, through collaboration with Siemens. The company is also preparing to demonstrate its robots to more than 10,000 facilities in the United States. By utilizing an AI design system based on Siemens' technology, Sheco has accelerated its response capabilities per country, and by adopting digital twin-based virtual verification, it has reduced the risks and costs associated with overseas demonstrations.
GreenerLab, a smart farm and tree management company, has used Amazon Web Services technology to further develop its operational foundation for overseas expansion. As a result, it is able to operate equipment at overseas sites without on-site staff, and has entered the coffee belt market, expanding the number of target farms in Kenya from one to three.
Additionally, GreenerLab has pursued technology verification with companies in Japan and India, signed Letters of Intent (LOIs) for purchases, and expanded business opportunities both domestically and abroad, such as securing tree management contracts with large domestic resorts.
iCaptain, a safety solution company supported by Microsoft, is currently improving its safety evacuation and training solutions, as well as facility and student management efficiency in schools by applying AI and digital twin technology. The company has also filed relevant patents.
The GPC, which recently acquired two intellectual property rights from Samsung Electronics, is planning to finalize delivery contracts with banks within this month and is at the same time pursuing partnerships and investment attraction activities (IR) with overseas AI content companies.
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An official from Incheon City stated, "Through focused support tailored to each company, we will provide close assistance to help participating companies establish a track record in global markets and grow into unicorn companies."
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