[Food Journal] Korea Agricultural Technology Promotion Foundation to Support 32 Contactless Startups
- Deeplant
- Sep 26
- 1 min read
The Korea Agricultural Technology Promotion Foundation (Chairman Park Cheol-woong), together with the Ministry of Agriculture, Food and Rural Affairs, will support the business commercialization of 32 contactless startups, including "Dear Florist."
The companies selected for support were chosen through a competitive ratio of 13.8 to 1. Each company will receive up to 150 million KRW in commercialization funds and program support, including connections to technology, sales channels, and investment opportunities.
The Foundation also plans to separately select promising companies to run an accelerating program called 'Future Food' in collaboration with Lotte Ventures.
Chairman Park Cheol-woong said, "In the post-COVID era, we will continue to discover promising contactless convergence technology startups throughout the agriculture and food sectors to expand and nurture new growth industries in agriculture."
Source: Food Journal foodnews (http://www.foodnews.co.kr)
Comments