The Center accommodates nuclear power-related venture companies and cooperation organizations…it will support companies to grow.
As part of its policy of spreading outcomes of R&D in nuclear power area, Korea Atomic Energy Research Institute (KAERI, President: Jung Youn-ho) opened the ‘Nuclear Power Research Outcome Diffusion Center’ to reinforce support for founding and fostering small and venture companies using outcomes of R&D in this area.
KAERI held on May 21 the opening ceremony of the Nuclear Power Research Outcome Diffusion Center with attendance of government officials and industry leaders. Attendees included National Assemblyman Min Byeong-ju, Policy Officer Mun Hae-ju of Space and Nuclear Power Policy at the Ministry of Science, ICT & Future Planning, Chairman Kim Geon of Korea Research Council of Fundamental Science and Technology, Chairman Lee Jae-gu of INNOPOLIS Foundation, President Lee Won-muk of Daedeok Technology Commercialization Forum, Vice President Gye Hyeong-san of Korea Business Incubation Association, and President Lee Seung-wan of Daedeok INNOPOLIS Venture Association.
Built in the KAERI compound in total floor space of 4,704 square meters, the Nuclear Power Research Outcome Diffusion Center is consisted of the technology company incubation building and technology support building. The Center will provide nuclear power-related companies and organizations with spaces for business and convenience facilities.
Four nuclear power-related venture firms already moved in the technology company incubation building. They include Korea Optical Machinery, Korea Nuclear Reactor Surveillance Technology, Hubis and RTX. KAERI plans to accommodate up to 10 companies in this building. And these companies will receive technology and management consulting services from KAERI.
The technology support building will accommodate nuclear power-related international cooperation organizations and industry associations, which are expected to play pivotal role in promoting diffusion of R&D outcomes in Korea and other countries.
Now that it opened the Nuclear Power Research Outcome Diffusion Center, KAERI plans to bolster activities of using and diffusing R&D results in line with the government policy of generating new jobs for creative economy.
It will actively foster small giants by reinforcing incubating activities and support their expansion into oversea markets.
And, in order to enhance synergy effect through concentration of nuclear power-related venture companies, KAERI is constructing the ‘Second Daedeok Nuclear Power Valley’ in area of about 49,000 square meters, aiming to accommodate 5 companies by 2015.
KAERI has successfully fostered 46 venture firms by operating the business incubation center since late 1990s, and supported 7 start-ups to grow as established companies by building the ‘First Daedeok Nuclear Power Valley’ in 2002.
KAERI established the first research institute-based company, ‘Sun Biotech’ (currently Call Marby & H), in 2006 and ‘Seoul Propolis’ in 2009. These two companies raised 87.4 billion won in combined sales in 2012, accounting for 74% of total sales at other 39 research institute-based companies (118.3 billion won).
During the last three years from 2010 to 2012, KAERI transferred 109 new technologies to other companies for licensing fees of 13.5 billion won, showing an increase of 330% over the previous 3 years between 2007 and 2009 when it gained 3.1 billion won in licensing fees. In addition, it is contributing to improving safety in operating nuclear and thermal power plants by providing technological support around the clock through the ‘instant technology assistance center’. It is also pushing export of technologies by improving patented technologies and collaborating with private companies.
In his remarks at the ceremony, President Jung Youn-ho of KAERI said, “At the time of emphasizing a new takeoff by increasing new jobs for creative economy, KAERI feels sense of heavy responsibility as a leading government-funded research institution. It will exert effort to help venture companies grow as pillars of regional and national economy by continuously providing them with technologies and management consultancy, instead of simply offering them space and facilities.”