Promotion of reduction of national taxes such as corporate taxes, income taxes, and so on
Reduction of 50% for 2 years after exemption for the first 3 years
Promotion of reduction of local taxes such as acquisition taxes, registration taxes, property taxes, etc.
Reduction of 50% for 3 years after exemption for 10 years
Support for site procurement costs (Osong: 25% of composition costs)
Support of 500 thousand won per person of employment and education/training subsidies for 6 months
Support of financial funds (subsidies) within the budget scope for research institutions moving to the capital area or other cities or provinces
B. Support of research activities
Support for site technical guidance, joint technical development, etc. through the establishment of a connective system between industry, schools and institutions
Prompt provision of information through the establishment of a network with the institutions concerned for research and development support
Composition and operation of a consultation committee for technical support and consultation for tenant institutions
Support of research activities such as offering support for financial funds, provision of information on overseas technology, and so on
Securing of technical manpower, and support of workers’ welfare, management and technical development
Agency and site dispatch for license and permission for establishment of a R&D institution
C. Composition of a R&D environment
Simplification of license and permission procedures to encourage research and development, attract excellent clinical doctors, and save R&D duration and costs
Support of R&D funds
Support of R&D funds such as economic special province funds, bio-topia funds, etc.
Support for the execution of R&D by research institutions and enterprises for the development of the local medical industry
Provision of a pleasant resting area for tenant workers and neighboring residents by establishing a park, buffer green zone, etc. with bio as a theme(project cost: 20 billion won)
Promotion of the introduction of a post-success paid loan system (Ministry of Knowledge Economy)
Establishment of a system of mutual cooperation, connection and collaboration
Establishment of a promotion plan to encourage technical exchanges, and composition and operation of a consultative group to stimulate joint research projects
Holding of technical sharing and mutual exchange promotion events between various technical platforms
Promotion to conclude MOUs with overseas advanced clusters
Support for the establishment and commercialization of a technology commercialization professional company, a private company, to support the commercialization of cutting-edge medical technology of international standards
Utilization and dissemination of the complex’s operational achievements
Global publicity of the complex’s brand through participation in domestic and overseas conferences such as Bio-Korea, Bio-USA, etc., road shows, health medical industry exhibitions, etc.
Holding of a bio medical festival, and joint participation in international bio events