Innovate UK - funded visit to South Korea - advanced materials technologies - competition now open

Enterprise Europe Network has been provided funding to deliver another GBIP to South Korea which will focus on advanced materials for mobility.

Applications are invited from companies who are developing technologies which focus on lightweighting, functionality, energy efficiency. Key technologies are composites, carbon fibre, battery materials, graphene, coatings.

Building on the success of the last technology visit to South Korea which focussed on advanced materials for mobility, Innovate UK’s Global Business Innovation Programme, delivered by the Enterprise Europe Network, will return to this highly attractive market.

Successful applicants will have the opportunity to visit and meet South Korean officials and companies in Ulsan and Busan and attend ADEX Seoul 2019 with the aim of creating opportunities for technology collaboration.

WHY SOUTH KOREA?
South Korea is the 11th largest global economy, one of the most technologically advanced countries in the world and home to global brands such as Hyundai and Samsung. With a strong focus on the automotive, shipbuilding and aerospace industries, the government has committed significant investment into the development of 100 new advanced materials to prepare for Industry 4.0.

With current R&D innovation strategy focussing greater investment into SMEs and international collaboration and UK- SK bilateral funding opportunities this is a market which offers significant opportunity for UK SMEs developing advanced materials for mobility.

Benefits

  • Fully funded programme providing pre and post visit tailored support to ensure each company can fully embrace and exploit the opportunity

  • A visit endorsed by UK government brings prestige and influence attracting official in country support

  • Working with Advanced Manufacturing Research Center Korea and other local partners provides unrivalled access to OEM and Tier 1 companies, key industry networks and R & D institutions

  • Strategic introductions through focused B2B and networking events

  • Company profile in the translated visit brochure which will be disseminated in South Korea

Key Dates:

  • Deadline for applications – 31 July

  • Visit – 12-19 October

Quotes from the previous delegation: 

“An excellent event for me personally; and also for the company as a whole as we have plenty of leads to work on in a whole variety of sectors/sub-sectors. The intricate planning meant that I could just concentrate on the task at hand - namely looking for R&D/JV opportunities in order to set up a production facility within South Korea. I now feel we are a step closer to this ambition”

“The organised visit gave a platform for legitimate business meetings protected by an official structure which gave confidence to all interested parties and endorsed the value of the visiting companies

“Until the visit we had been trying to deal with Hyundai from the UK directly with limited success. I do not believe we could of connected to Ajin working from the UK unless we had both the factory tour and company presentation coupled with the 1:1 meeting

 

“Definitely the matchmaking sessions. This is where collaborations were started. I have started at least 7 projects/collaborations in total from this visit, and some were completely unexpected and grew organically during the visit”



For further information about this competition, please contact:

Louise Hooker | EEN Sector Lead Biomedical and Life Sciences | GBIP Project Manager 

Enterprise Europe Network South West | BusinessWest | Leigh Court Business Centre | Abbots Leigh | BS8 3RA

M: 07850 300575

E: louise.hooker@businesswest.co.uk