CNT Tech (CEO Jeon Hwa-seong, CNT Tech) announced on the 22nd that six startups it fostered and invested in were selected as target companies for the TIPS fostering program.
TIPS is a startup incubation program in which the government, together with private investment companies, discovers promising startups with excellent technologies and supports approximately 500 million won in research and development (R&D) costs for two years. The selected startups are Tart, Macro Act, Cellbus, SOFNT Inc., Once Global, and Injemi. The selected companies plan to advance their technologies and services based on their selection to the program.
CEO Jeon Hwa-seong said, “CNT Tech will continue to actively take the lead in discovering and fostering promising technology startups,” and “We will support technology-based startups to grow steadily.”
CNT Tech made a total of 203 investments last year. It is increasing the investment amount every year.
Reporter Lim Jung-kwon lim9181@etnews.com Electronic Times https://www.etnews.com/20220322000135
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