(Seoul, June 10, 2024) The Korean-German Chamber of Commerce and Industry (KGCCI, President & CEO Martin Henkelmann) is inviting innovative companies in South Korea to apply for the “10th KGCCI Innovation Awards” until July 31, 2024.
Initiated in 2015, the 10th KGCCI Innovation Awards, hosted by the KGCCI and officially supported by the Korean Ministry of Trade, Industry and Energy (MOTIE) and Ministry of SMEs and Startups (MSS), aims to support companies that create value in the Korean market through innovative products, processes, and technologies. The awards also aim to foster new business collaboration between South Korea and Germany.
The awards are open to all companies operating in South Korea, regardless of their size or industry. To participate, companies are invited to submit their applications on the KGCCI homepage. Entries will be evaluated by a Korean-German panel of distinguished judges from business, academia, and research, and assessed based on the degree of innovation, market performance, impact on company performance, benefits for society, diversity and inclusion.
“As this year marks the 10th edition of the KGCCI Innovation Awards, we developed the selection criteria further,” said Dr. Martin Henkelmann, President of the KGCCI. “We invite all visionaries to seize this opportunity to share their groundbreaking ideas that foster positive changes shaping the future of our business and society.”
The winners of the 10th KGCCI Innovation Awards will be announced at a grand ceremony scheduled for November 7, 2024, in Seoul, with the presence of distinguished guests from business and politics. Winning companies can enjoy various benefits such as increased visibility, networking opportunities, and access to potential investors and partners through KGCCI’s strong business network and support. Additionally, non-member winner companies will receive one year of free KGCCI membership, leveraging opportunities to connect with German companies and explore markets in Germany.
The application procedure is free of charge, and companies can apply regardless of KGCCI membership status. For more information on the KGCCI Innovation Awards, including eligibility criteria, application guidelines, and previous winners, please visit the KGGCI website (www.kgcci.com).