The Ministry of SMEs and Startups (MSS), led by Minister Han Sung-sook, organized a policy forum on February 6, 2024, in Daegu to discuss strategies for fostering robot ventures and startups. This event was a follow-up to the National Startup Era Strategy Meeting held on January 30, 2024, and focused on supporting the robotics industry as a new growth sector. Daegu, designated as a global innovation zone for AI robotics, was chosen as the venue to highlight its significance in the national innovation agenda. The forum aimed to identify effective measures to nurture startups and strengthen Korea’s position in advanced manufacturing.
The event brought together a diverse group of stakeholders, including robot manufacturers, system integrators, physical AI developers, research institutions, academic experts, and students from national robotics programs. Participants discussed the need for enhanced support in areas such as startup promotion, venture investment, technology development, public procurement, and workforce training. Requests were made for expanded government backing to create early market opportunities and facilitate talent recruitment. The forum also emphasized the importance of tailored support for startups to become key players in the robotics industry.
Minister Han Sung-sook outlined plans to provide customized support for robot startups through initiatives such as increased venture investment, technology development assistance, and expanded public demonstration and procurement programs. Prior to the forum, the minister visited the Daegu Northern Center of the Small Enterprise and Market Service to encourage staff and address issues related to policy fund execution and third-party intervention. The minister also visited Seonam New Market to inspect safety measures and monitor price trends ahead of the Lunar New Year, ensuring that policy funds reach small businesses and that market safety is prioritized.
Frequently asked questions include: What support is available for robot startups? The government is expanding funding, technology development, and market access programs for startups in the robotics sector. How is market safety being addressed? The ministry is actively monitoring traditional markets for safety risks, especially during peak periods like the Lunar New Year, and is coordinating with relevant agencies for rapid response. What is the timeline for these initiatives? The policies are being implemented in 2024, with ongoing monitoring and adjustments based on stakeholder feedback.
The Ministry of SMEs and Startups’ initiatives in Daegu reflect a comprehensive strategy to boost the robotics industry while supporting small businesses. By focusing on funding, technology development, and market access, the government is positioning robot startups as key drivers of future growth. The attention to market safety and direct engagement with stakeholders ensures that policy benefits are widely distributed and effectively implemented. This balanced approach is likely to enhance both innovation and economic resilience in the region.