[ Thanks to Randy
for this link. ]
“The Ministry of Information and Communication yesterday
announced the names of 45 information and telecom companies that
are to receive government funding.”
“The companies named yesterday center mostly around the
Internet and e-commerce technologies, Linux-based software and
wireless telecom technologies using WAP (wireless application
protocol).”
“Companies are selected every quarter and are eligible to each
receive up to 500 million won from the government. In addition to
financial support, the ministry also arranges for the companies to
get technical and management consulting.”
Exchange rate is approx. 1130 Korean Won per U.S. Dollar.