SMEs Ministry Selects Final 10 Teams for "Everyone's Challenge Climate Tech"
Gigaete and The Origin Win Top Innovation Award
The Ministry of SMEs and Startups announced that it hosted the "Everyone's Challenge Climate Tech" Final Pitching event on the 10th at Kakao Space Dot One in Jeju.
As a result of the pitching, 'The Origin,' which presented on developing carbon-reduction materials using photosynthetic microorganisms, won first place in the general league. In the startup league, Gigaete took first place for its presentation on a constant-temperature thermal energy storage system that decarbonizes industrial heat by applying horizontal thermal stratification technology.
Jokyungwon, Startup Policy Director of the Ministry of SMEs and Startups, is taking a commemorative photo with participants at the "Everyone's Challenge Climate Tech Final Pitching" held at Kakao Space Dot One in Jeju Special Self-Governing Province on the 10th. Ministry of SMEs and Startups
View original imageIn addition, four teams received the Innovation Award and four teams received the Excellence Award, with a total prize pool of 157 million won awarded to ten teams. The first-place winners in both the general league and the startup league received the Minister of SMEs and Startups Award. The general league’s second to fifth place teams received the KAIST President’s Award, while the startup league’s second to fifth place teams were awarded by the Head of the Korea Institute of Startup & Entrepreneurship Development.
The Ministry will provide the teams that made it to the final pitching with prize money, as well as support for overseas investment briefings and investor networking. Preferential benefits will also be given when selecting teams for the startup package program in 2027.
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Jokyungwon, Startup Policy Director at the Ministry of SMEs and Startups, stated, “Climate tech takes a long time for technology validation, and the market takes even longer to develop, but it is a key means of responding to the climate crisis.” He added, “Since climate tech is rapidly becoming a core axis of new growth engines globally, the Ministry of SMEs and Startups will actively support startups in this field to become global companies by providing initial funding, market entry, and step-by-step connections to global expansion.”
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