Detailed task
- Developing various policy support programs to revitalize the stagnating economy due to COVID-19
- Fostering smart city-related technical talent
9-1. Creation of a smart city fund
- Providing investment opportunities for infrastructure and solutions for smart city creation
- Supporting SMEs, venture companies, startups and projects in the smart city sector within Seoul
- Raising KRW 265.5 billion by 2022 (KRW 31 billion by the SMG)
9-2. Provision of a public testbed for innovative technologiesto support the growth and market development of SMEs and startups
- Improvement of testbed project implementation system and expansion of project scope
- Operation of an “innovative technology support group” for the monitoring of the demonstration process
- No. of testbed demonstration companies: 30 (2021) → 55 (2025)
9-3. Hosting of Seoul Innovation Challengefor the foundation to lead the Fourth Industrial Revolution
- Hosting a challenge-type idea contest and providing a place for idea exchange
- Supporting technological integration and convergence through participation between participants through the introduction of an open platform
- No. of companies that passed qualifiers and finals: 41 (2021) → 48 (2025)
9-4. Fostering a leading company in the Fourth Industrial Revolution through the creation and operation of the 7 major innovative industry clusters
- Optimization of sewage treatment facilities and securing stable water quality through introducing AI-based intelligence system
- Establishing an advanced support system for decision making such as data mining and prediction modeling

9-5. Responding to changes in economic environment through supporting the digital transformation of SMEs
- (Urban manufacturing industry) Creating a smart factory with one-stop manufacturing and distribution
- (SME DX support) Customized support for DX implementation for each company
- Support for the digital transition of Seoul companies: 200 (2022) → 280 (2025)
Investment plan
(Unit: KRW 1 million)
Policy task |
Total |
2021 |
2022 |
2023 |
2024 |
2025 |
|
---|---|---|---|---|---|---|---|
9 |
Supporting revitalization of digital economy |
840,735 |
31,518 |
202,263 |
201,036 |
231,412 |
174,506 |
|
9-1. Creation of a smart city fund |
24,186 |
5,736 |
7,770 |
7,761 |
2,919 |
- |
9-2. Provision of a public testbed for innovative technology |
56,000 |
9,500 |
10,500 |
11,500 |
12,000 |
12,500 |
|
9-3. Hosting of Seoul Innovation Challenge |
11,696 |
2,112 |
2,112 |
2,192 |
2,640 |
2,640 |
|
9-4. Creation and operation of the seven innovative industry cluster |
623,956 |
6,450 |
155,304 |
155,383 |
153,453 |
153,366 |
|
9-5. Support for the digital transition of SMEs |
124,897 |
7,720 |
26,577 |
24,200 |
60,400 |
6,000 |
Performance indicator
Detailed project |
Performance indicator |
2021 |
2022 |
2023 |
2024 |
2025 |
|
---|---|---|---|---|---|---|---|
9 |
Supporting revitalization of digital economy |
|
|
|
|
|
|
|
9-1. Creation of a smart city fund |
Goal for creating a smart city fund |
60 billion |
75 billion |
- |
- |
- |
9-2. Provision of a public testbed for innovative technology |
No. of testbed demonstration companies |
30 |
40 |
45 |
50 |
55 |
|
9-3. Hosting of Seoul Innovation Challenge |
No. of companies that passed qualifiers and finals |
41 |
41 |
45 |
48 |
48 |
|
9-4. Creation and operation of the seven innovative industry cluster |
No. of companies in Y Valley |
23 |
23 |
23 |
23 |
100 |
|
No. of professional personnel training in the digital finance sector (cumulative) (persons) |
340 |
440 |
540 |
700 |
850 |
||
No. of companies in AI Yangjae Hub |
113 |
113 |
134 |
134 |
134 |
||
No. of companies in Seoul Bio Hub |
130 |
130 |
170 |
180 |
200 |
||
No. of companies in Magok R&D cluster |
177 |
211 |
219 |
1,001 |
1,181 |
||
Technological development support for G Valley (cases) |
8 |
83 |
90 |
110 |
112 |
||
R&D support for Suseo Robot Cluster (cases) |
3 |
10 |
10 |
10 |
10 |
||
9-5. Support for the digital transition of SMEs |
Smart anchor/smart solution (locations) |
4 |
4 |
3 |
4 |
2 |
|
Support for the digital transition of Seoul companies (companies) |
- |
200 |
220 |
250 |
280 |