Incheon Port Authority Selects Venture Companies to Support

11 Jun 2024

Incheon Port Authority has selected VMS Holdings and Big Mobility for its 'Do Dream Project,' a program aimed at fostering venture companies in the marine and port sectors.

VMS Holdings is a company developing mobile ID cards for the marine industry using blockchain technology, while Big Mobility operates 'Truck Helper,' an online and offline parking service for cargo trucks.

The authority plans to provide the two selected companies with △ marketing support for entering the global market △ up to 20 million KRW in business expenses per company △ support programs linked to shared growth, such as performance-sharing systems and technology escrow fees.

Incheon Port's 'Do Dream' is a specialized venture and startup support program for port-related companies within their first seven years of establishment. It is overseen by the Incheon Port Authority and operated by Incheon National University's Startup Support Division. From 2016 to last year, the program has supported a total of 22 startups in the marine, port, logistics, safety, and environment sectors.

Incheon = Kang Jun-wan, Reporter