Global Innovation Business Programme
The GBIP focus on South Korea Smart Cities is now live and open for applications
Innovate UK is inviting ambitious companies to participate in the Global Business Innovation Programme.
Delivered by Innovate UK EDGE, the programme consists of a preparation phase followed by a 5-day tailored programme of activities in South Korea with the opportunity to visit leading smart cities and meet key stakeholders and companies. The programme will provide a unique opportunity for delegates to find new international partners and identify opportunities for technology collaboration. Delegates will benefit from a follow-up workshop and bespoke support from an Innovate UK EDGE Innovation and Growth Specialist to exploit the contacts, opportunities and knowledge gained during the visit and develop cross border innovation projects.
WHY SOUTH KOREA?
South Korea ranked first in the Bloomberg Index of Most Innovative Nations 2021 and is home to global leading electronics and IT companies such as Samsung, LG Electronics and Naver. For over two decades Korea has been embracing its cutting-edge ICT infrastructure and is exploiting its superfast internet speeds to solve urban problems and improve quality of life by applying smart and disruptive technologies to cities. Having invested in exemplary smart city projects it is now turning its ambitious vision into realistic plans.
In November 2021 the country’s Transport Ministry announced a $215 million investment to establish 64 local smart city platforms by 2025 and put local citizens at the heart of creating tailor-made next-generation city infrastructure.
With an established National Strategic Smart City Programme, renowned smart city projects in Seoul and Sejong, a reputation for high R&D investment and international collaboration, this is a market which offers significant opportunity for ambitious UK companies developing technologies that solve net zero city challenges and support sustainable urban development.
Solutions that address challenges such as:
- Citizen Engagement & Behaviour Change
- Smart Mobility
- Climate Resilience
- City Planning
- Urban Health
- Energy Solutions
- Sustainable Infrastructure
Key Dates and links
- Deadline for applications – 4 May 2022 17:00hrs
- Notification of selection by 13 May 2022
- Pre Visit Workshop – Birmingham – 9 June 2022
- Innovation Visit – 27 August – 3 September 2022
- Exploitation Workshop – 9 November 2022