2026 Icheon City Small, Medium, and Large Enterprise (SME) Materials, Parts, and Equipment Industry Support Program Recruitment (October)
If you are an SME in the materials, parts, and equipment industry with a headquarters or factory in Icheon City, you can receive up to 44 million KRW for prototype development and market expansion costs.
- Support
- 44 million KRW
- Eligible
- SMEs in the materials, parts, and equipment industry with headquarters or factories located in Icheon City as of the announcement date
- Deadline
- 2026.10.14
- Region
- 경기
The application period runs from September 28, 2026 (Mon) to October 14, 2026 (Wed) at 18:00, with online submissions via Gyeonggi Business Secretary. The program supports product innovation (including prototype development) and market expansion, requiring that over 50% of the budget be allocated to prototype development. Applicants must submit required documents such as the application form, business registration certificate, and financial statements.
3-second summary
- Support Amount: 44 million KRW
- Target Audience: SMEs in the materials, parts, and equipment manufacturing industry located in Icheon City
- Application Period: Sep 28, 2026 (Mon) ~ Oct 14, 2026 (Wed) 18:00
- Support Content: Product Innovation (prototype development, etc.), Market Expansion (promotional material production, exhibition participation, etc.)
- Application Method: Online application via Gyeonggi Business Secretary (www.egbiz.or.kr)
Eligibility checklist
- SMEs in the materials, parts, and equipment manufacturing industry with headquarters or factories located in Icheon City as of the announcement date
- Exclusion of companies currently suspended/closed or established less than 3 years ago
- Exclusion of large and mid-sized enterprises
- Exclusion of companies with unpaid national or local taxes
- Exclusion of companies with a debt ratio of 1,000% or more based on 2024 standards or fully capital-eroded companies
- Exclusion of companies regulated as bad credit borrowers by financial institutions
- Exclusion of companies involved in social controversies such as civil complaints, wage arrears, environmental pollution, or illegal factories
- Exclusion of companies undergoing court receivership or rehabilitation proceedings
- Exclusion of cases where the applicant company or its representative is subject to restrictions on government support programs
- Exclusion of companies selected for 'Gyeonggi Province SME Materials/Parts/Equipment Growth Support Project', 'Large-Medium-Small Enterprise Technology Exchange Support Project', or 'Green New Deal Leading Company Technology Commercialization Support Project' between 2023-2026
- Exclusion of companies selected for 'Star Company Growth Project' or 'SME Business Convergence Growth Support Project' between 2025-2026
Schedule & how to apply
- Application Period: Sep 28, 2026 (Mon) ~ Oct 14, 2026 (Wed) 18:00
- Application Method: Online application via Gyeonggi Business Secretary (www.egbiz.or.kr)
Recommended for
- Recommended for CEOs of SMEs in the materials, parts, and equipment manufacturing industry headquartered or having factories in Icheon City.
- Suitable for companies needing funding for prototype development and market expansion for overseas entry.
Frequently asked questions
Who is eligible to apply?
This program is for SMEs in the materials, parts, and equipment industry with headquarters or factories located in Icheon City as of the announcement date. Details: SMEs in the materials, parts, and equipment manufacturing industry with headquarters or factories located in Icheon City as of the announcement date; Exclusion of companies currently suspended/closed or established less than 3 years ago; Exclusion of large and mid-sized enterprises; Exclusion of companies with unpaid national or local taxes.
When is the application deadline?
The application deadline is 2026.10.14. Applications are currently closed. Schedules may change — confirm against the official program notice.
How do I apply?
Applications follow the official program notice, which is in Korean. See the source link for the method and receiving office; Beaconoi can prepare an English draft for your review.
How much support is provided?
Support scale: 44 million KRW.
Which organization runs this program?
This program is administered by Gyeonggi Province.
Last updated · Source: Gyeonggi Province — official notice
※ Program information is compiled from each institution’s public sources; actual eligibility, amounts and deadlines may change. Always verify against the official notice (in Korean) before applying.