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AI & Enterprise

Govt to strengthen lifetime support for science talent, nurture \'national science and technology researchers\'

South Korea will launch a scheme to directly select and support world-class researchers as \"national science and technology researchers\" in response to a weakening pipeline of science and engineering talent. The Science and ICT Ministry confirmed a 2026-2030 master plan jointly drafted by 11 ministries. Measures include expanding science scholarships to about 10,000, increasing stipend-support universities to around 70 by 2030, reforming alternative service for AI degrees, formalising postdoctoral status, allocating basic research to regions, strengthening AI education, and attracting 2,000 overseas researchers by 2030.

AI & Enterprise

Science ministry to expand science institute-affiliated gifted schools to nurture regional talent

South Korea\'s Ministry of Science and ICT said it will launch a call for designations and conversions of science institute-affiliated gifted schools, aiming to help regional students use the education and research capabilities of science and technology institutes. The call targets seven areas without gifted schools, including Gangwon and Jeju. The ministry plans to select about three existing local high schools for conversion, with applications due Oct. 16 and final designation expected around December.

Finance

IBK Industrial Bank of Korea seeks commitment to fund for startups at regional national universities

IBK Industrial Bank of Korea is working with South Korea’s Education Ministry and nine regional national universities to support commercialisation of university-held innovative technologies and foster regional startups. The bank signed a multilateral agreement on July 28 to promote technology transfer and business development and to support the growth of university startups. It will build a cooperation framework for investment links and identifying promising local firms, and pursue matching commitments to a dedicated fund for research- and technology-based startups.