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Smart Factory

Smart Factory Support Project

Smart Factory Support Project

Reinforcement of competitiveness by taking a leap forward in Korean manufacturing

Business overview
  • Establish and advance various types of smart factories suitable for domestic realities for small and mid-sized companies to reconsider their competitiveness
  • Support amount: Up to 100 million won as initial project
  • 30,000 companies to be supported by 2022
Support Information
  • Scale : KRW 3,125 Billion (About 2,825 Projects)
  • Target : Support for the introduction of small and medium manufacturing companies and smart factories under Article 2(1) of the Framework Act on Small and Medium Enterprises
  • Amount : Support up to 100 million won as a basic project
Support Content
  • New construction project : Support for the initial construction of solutions and interlocking facilities for companies without smart factories
  • Advanced tasks : upgrading existing systems to improve utilization and dissemination of smart factories, and additionally building and linking systems with smart factory facilities
Eligibility (Subject)
Division Eligibility
New construction
  • Domestic small and medium sized manufacturing company *Excludes companies (large corporations) belonging to a group of mutually restricted companies under Article 14 (1) of the Act on Monopoly Regulation and Fair Trade.
  • Smart factory not established
Advancement
  • Domestic small and medium sized manufacturing company *「Excludes companies (large corporations) belonging to a group of mutually restricted companies under Article 14 (1) of the Act on Monopoly Regulation and Fair Trade.
  • Smart factory not established
Conditions of Support
Division Eligibility
New construction
  • 100 million won, 50% of total project cost
Advancement
  • Differential support amount according to the construction level * Basic level (level 1~2): Up to 100 Million Won, up to 50% of total project cost
Promotion Schedule
  • From February 2019 until budget runs out
Procedure
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Construction achievement

Productivity is improved, resulting in a more competitive price / quality.

  • Productivity +30%
  • Defectiverate -43.5%
  • Cost Reduction -14.9%
  • Lead standard number +15.5%
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