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ITS 2021 held as an on/offline hybrid exhibition


- Presented K-Innovative company technology and new product, 187 people of merit in technological innovation awarded!

- Online exhibition hall of over 200 innovative technologies and products displayed and supported for business exchange


The Ministry of SMEs and Startups (MinisterKwon Chil-seung, hereinafter referred to as MSS) announced that the 22ndInnovative Technology Show, the largest technological innovation exhibition inKorea specialized for SMEs, will be held online and offline for three days fromOct. 26 to 28. The offline exhibition will be held at the Exhibition Hall 2 ofSETEC.

ITS has played a role in promoting theimportance of technological innovation of small and medium-sized companies forthe past 20 years and spreading the atmosphere of technological innovationthroughout society. This year’s show is running under the slogan “K-innovationcompany at the starting point of the grand revolution,” contains the message ofdiscovering innovative companies and supporting the foundation for growth.

First, due to COVID, a VR online exhibitionhall with immersive style was used like last year, and innovative technologiesand products from 200 SMEs were exhibited in one special hall and five themehalls. There, purchase consultations and live interview were held during theevent period to support the marketing, sales channels and business exchanges ofparticipating SMEs. For reference, the online exhibition hall can be viewedfree of charge by anyone through the ITS website until the end of November.

The main event was held on Wednesday, Oct.27, and 187 people of merit who contributed to technological innovation of SMEswere awarded and encouraged in the presence of guests including the Minister ofSMEs and Startups. A total of 187 awards were given, one each of gold tower andsilver tower industrial merit, two industrial medals, and one service medal, aswell as 43 citations from the President and Prime Minister.

The Gold Tower Industrial Merit went to CEOLee Heon-guk from Samnok for its proprietary new technology in plating andpainting sector, having the number one market share in Korea. The Silver TowerIndustrial Merit went to CEO Park Yeong-sik from Nanointech for its achievementin proprietary new product development in the industrial wet bead mill sectorthrough continuous R&D investment.

Professor Kim Doo-seok of the University ofUlsan was awarded the Service Medal in recognition of his contribution toindustry-university cooperation through technical consulting for small andmedium-sized enterprises and consulting for fostering professional manpower.

The Industrial Award was awarded to CEO YooJae-hwa of BKM and CEP Kang Chang-won of Whayoung. CEO Yoo developed andlocalized a new technology for semiconductor special piping and expanded hismarket share for special piping. Through investment in research and development(R&D), CEO Kang localized core parts of marine engines for the first timein Korea and was recognized for securing source technology.

Particular this year, a new technology andnew product presentation was planned to discover and support K-innovativecompanies that were developed for the first time in Korea or possessedexcellent innovative technologies and products. For the showcase, 172outstanding SMEs in Korea applied for the showcase, and the final 11K-innovation companies were selected by media/expert written evaluation,on-site evaluation, and comprehensive examination.

Eleven K-innovative companies showed theinnovation of their new technologies and new products by the presentation ofpromotional videos for each company like the world's largest technologyexhibition (CES).

In this showcase, innovative technologies and products were introduced at home and abroad through the online exhibition hall and YouTube with simultaneous interpretation in English. The top three will have the chance to showcase their products on the behalf of K-innovative companies on Oct. 27 and receive support for training in CES 2022 along with the citation from the Minister of SMEs and Startups.

Minister of SMEs and Startups KwonChil-seung said, “With ‘living with COVID’ coming ahead, ITS is expected tohelp SMEs to find sales channels and make business network. From now on, we aregoing to support the promising SMEs to develop and lead the global market withinnovation technologies.”

Seminars were held to introduce SME policies and support projects for each organization that hosted the event and to share their achievements, and through conferences on various topics such as carbon neutrality, AI manufacturing platform, and technology protection, time to review current policies and explore future directions took place.

The main exhibitions of ITS 2021 hosted by the Ministry of SMEs and Startups are as follows. △Smart Factory Solutions Hall △Smart Manufacturing Innovation Hall △Smart Digital New Industry Hall △Smart Green New Industry Hall △Smart Service Innovation Hall

→ Go to ITS 2021 news special page

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