The basic direction for selecting companies is determined through a qualitative assessment of
growth capabilities, potential, and developmental possibilities.

Technology development, commercialization, and investment experts assess the capabilities
(commercialization, technology development, global collaboration, fundraising) and growth potential of startup companies.

The evaluation of startup companies for 2023: 55 startups selected across 3 categories, each with 3 tracks

General Competition (31 companies)

Selection of outstanding startups through open recruitment

• 
• 1st Stage Document Evaluation (1.5 times): Technology Commercialization Lead Agency
• 
• 2nd Stage IR (Presentation) Evaluation: Global Collaboration Lead Agency, Investment Attraction Lead Agency

Private Sector Validation (17 companies)

Recommendation and selection of outstanding startups collaborating with large and medium-sized enterprises

• 
• Document Evaluation: Global Collaboration Lead Agency

Recommendation by Ministries/Departments
(7 organizations)

Recommendation and selection of outstanding startups that have participated in R&D projects in other departments

• 
• Document Evaluation: Investment Attraction Lead Agency

Confirmation of the Scale for Selecting Startup Companies in 2023

Technical Field		Basic support					Follow-up support	total
		Ongoing support	Open Competition	private verification	Recommendation by Ministries/Departments	total
Future Mobility	autonomous driving, drone etc.	17 companies	5 companies	8 companies	4 companies	34 companies	4 companies	38 companies
	hydrogen fuel cell vehicle	13 companies	12 companies	1 companies	-	26 companies	3 companies	29 companies
	Total	30 companies	17 companies	9 companies	4 companies	60 companies	7 companies	67 companies
Robot		-	14 companies	8 companies	3 companies	25 companies	-	25 companies