Korea Grid Forming Co., Ltd. (CEO: Kang Ji-seong), a start-up company of Professor Kyeon Hur's research team (Smart Grid Lab), has been selected for the ‘Super-Gap Startup 1000+ Project' of the Ministry of SMEs and Startups.

Korea Grid Forming will receive up to KRW 600 million in commercialization funds and KRW 500 million R&D funds depending on corporate demand over 3 years. They will also receive support for linked policy funds, guarantees, and exports.