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Tech to Market Development Program

Tech to Market

Overview of Support

Support for Energy Innovation Ventures in Energy Technology Commercialization, Fostering Eco-Friendly Startups
  • Support the innovative growth of energy innovation ventures by support infrastructure development of follow-up R&D(commercialization R&D)/commercialization, financing/commercialization after energy technology development.
  • Discover/nurture breakthrough eco-friendly startups that will lead the global market and contribute to the national economy based on global technological superiority.

Support Areas and Detailed Contents

Commercialization R&D Support

Enhance the acceptance of energy technologies through user-participatory research and support the commercialization of climate-tech/breakthrough innovative technology companies by linking with private investments.

  • Enhancing Energy Technology Acceptance Improve acceptance and accelerate commercialization by solving issues arising in the field application of energy technologies through user-participatory research (since 2016).
    - echnical Application Issue Resolution : Operation/management of renewable energy facilities on energy-independent islands, etc.
    - Energy Safety : Addressing safety issues related to offshore wind power and electric vehicle fires.
    - (User Convenience : Improving heating and cooling operations in subways, school classrooms, and universities.
  • Private Investment-Linked Commercialization R&D Supporting the development of an innovation ecosystem and commercialization to secure ultra-gap technologies by attracting increased private investment in the climate tech energy new industry sector (since 2025).
    - Support for companies with innovative technology capabilities, including InnoBiz, venture companies, and research research institute enterprises.

Commercialization Financing Support

Establishment of energy-specialized funds/enhancement of energy companies' investment attraction capabilities/support for energy technology valuation to establish the foundation for revitalizing private investment in the energy industry.

  • Fund Creation Support Support the establishment of specialized sub-funds* within the technology innovation master fund.
    * In the past three years, energy funds totaling over 170 billion KRW have been created, focusing on carbon neutrality, innovation ventures, overseas expansion, and climate tech.
  • Investment Attraction Support Strengthen energy companies’ investment attraction capabilities and support networking with investment institutions.
    - Hosting three investment IR events in 2024 (April, October, November).
  • Climate Value Assessment Support Provide climate value assessment* , climate·environmental consulting, and investment attraction support (strategy development, investment brokerage) for energy companies.
    * Energy-Specific Technology Evaluation Model for Estimating Expected Greenhouse Gas Reduction through Climate Technology Commercialization and Assessing Climate and Environmental Effectiveness in Monetary Value/Rating

Commercialization Infrastructure Support

Support regulatory improvements in the energy industry, market expansion for innovative energy products, and the promotion and exhibition of outstanding achievements.

  • Regulatory Improvements Support for resolving regulatory issues in the energy industry through participation in the Ministry of Industry’s Regulatory Special Cases Support Group (comprising 13 institutions, including KETEP).
    - iscover/plan sandbox projects, provide R&D and legal revision support, offer field demonstration consulting, and provide testing/certification advisory services.
  • Market Expansion Support Support green certification* for the market entry of innovative energy products and product registration recommendation in the Public Procurement Service’s Venture Nara** platform.
    *The Korea Institute for Advancement of Technology (KIAT) operates the Green Certification Secretariat, while KETEP serves as the evaluation agency for energy technology. (11 evaluation agencies designated according to technical areas by ministry)
    **To support market expansion and establish a growth foundation by enabling the public procurement market to take the lead in purchasing products from startups and venture companies, the dedicated online marketplace "Venture Nara" was established.(in 2016)
  • Promotion/Exhibition Support Exhibit outstanding energy R&D achievements(R&D Daejeon*) and host the C-Tech Forum** in collaboration with relevant institutions.
    * Co-hosted by three R&D-focused institutions under the Ministry of Industry (KETEP, KEIT, KIAT).
    ** A platform for business collaboration and exchange between energy innovation companies and financial/investment institutions.

Eco-Friendly Startup Support

Support startup commercialization funding and technology commercialization* for companies within 10 years of founding that operate in eco-friendly/energy(eco-friendly) technologies among the top 10 super-gap technologies.

* Technical expert consulting, domestic and international certification/licensing, technical training for startup commercialization and education, mentoring related to technology advancement.

PROMOTION SYSTEM OF INDUSTRIAL CONVERGENCE Regulation Sandbox Support Group