The Korea Intelligence and Information Society Agency (NIA, President Hwang Jong-seong) announced on the 14th that the Ministry of the Interior and Safety (Minister Lee Sang-min) and the Kim Dae-jung Convention Center in Gwangju held the ‘twelfth Government-wide Public Data Startup Competition King of the Kings’.
The Public Data Startup Contest was created with the aim of discovering excellent cases where ideas result in start-ups and commercialization to be able to promote private use of public data. This 12 months, 41 organizations, including the Ministry of Employment and Labor, Korea Customs Service, and Gwangju City, conducted their very own preliminary screening for a complete of two,623 teams. Among the many 66 teams with excellent works chosen, 10 teams competed within the finals.
The ten teams that advanced to the finals demonstrated idea planning and product and repair development using public data in areas closely related to every day life.
Within the ‘idea planning’ field, ▲’Shipping Note’, which means that you can check and share trade transaction transportation status in real time ▲’Ring Culture’, which provides GPS-based barrier-free routes for the disabled and the elderly ▲Risk level of food raw materials in accordance with disease ‘Joshimi’, which provides easy information and recommends low-risk products, was chosen.
In the sphere of ‘product and repair development’, ▲’Tiger Gym’, which provides exercise posture correction tailored to individual musculoskeletal diseases, ▲’Data Library’, which helps seek for books, publications, papers, etc. in public libraries, etc. ▲electric kickboards, bicycles, etc. Projects comparable to ‘Rider Log’, which helps report and stop small mobility accidents, were introduced.
A complete of 10 certificates might be awarded to the teams that advance to the King of Kings competition in accordance with the evaluation results, and the full prize money might be 100 million won. The ultimate rating is chosen through a committee review of specialised fields and public participation review in accordance with a complete of 5 review criteria: ▲Usability of public data ▲Originality ▲Social value ▲Development potential comparable to start-up and investment attraction ▲Technology and concreteness. The winning team might be supported by the Ministry of SMEs and Startups, Korea Institute of Startup and Entrepreneurship Development, Korean Mental Property Office, Korea Patent Information Service, Korea Invention Promotion Association, Korea Credit Guarantee Fund, Shinhan Card, Microsoft Korea, and SK Telecom, which is able to provide various business services, including financial counseling related to startups.
NIA Vice Director Jang Gyeong-mi said, “We’ll actively strive to create revolutionary services and cases using public data within the private and public sectors.”
Reporter Park Soo-bin sbin08@aitimes.com
