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FAQ

Frequently asked questions

FAQ

Frequently asked questions



Frequently Asked Questions

POSCO IMP is an investment-focused program that provides financial support to promising startups in specific fields.


POSCO Group Open Innovation is a program designed to strengthen co-development of technology and commercialization capabilities with the POSCO Group. It operates mainly around Proof of Concept (PoC) projects.

🔹 (POSCO IMP)
Steel, Secondary Battery Materials, Energy/Infrastructure, and Emerging Industriessuch as: Advanced Mobility Materials, Power Infrastructure, Decarbonization & Recycling, AI Robotics, Desalination/Water Treatment Solutions, Healthcare, Smart Thermal Management, and Electronic Components for New Mobility.


🔹 (POSCO Group Open Innovation)
Steel, Secondary Battery, and Emerging Industries such as: Decarbonization & Recycling, AI Robotics

Since the nature of the programs differs, any company interested in collaborating with POSCO is eligible to apply.

The 29th POSCO IMP application will be open from Wednesday, April 2 to Wednesday, April 16, 2025, until 11:00 PM (KST).
*The 30th POSCO IMP application is expected to begin accepting applications in September.

The 2025 POSCO Group Open Innovation program will be open from Monday, June 2 to Friday, June 27, 2025, until 11:00 PM (KST).


*The application deadline for the 2025 POSCO Group Open Innovation program has been extended from Friday, June 20 to Friday, June 27 at 11:00 PM (KST).

If you have any questions, feel free to reach out to us at our official email

- poscoimp@gmail.com

The evaluation schedule is as follows:


[POSCO IMP]

1) The 29th : Application(April) - Document review(April) - 1st Presentation evaluation(May) - 2nd In-person evaluation & On-site due diligence(May) - Final selection(~July) & Investment agreement(September)


2) The 30th : Application(September) - Document review(October) - 1st Presentation evaluation(October) - 2nd In-person evaluation & On-site due diligence(October) - Final selection & Investment agreement(November~December)


[POSCO Group Open Innovation]

Application(June) - Document review(Early July) – Presentation evaluation(Early July~Mid July) - Final Selection(July) – PoC project(July~October)

*Please note that the schedule is subject to change depending on operational circumstances.

🔹 (POSCO IMP)

Eligibility

Any technology-based startup is welcome to apply.
(Pre-startup, Startups founded within 10 years)

Part A: Startups from the idea stage to seed round
Part B: Startups at Pre-Series A stage and beyond


🔹 (POSCO Open Innovation)

Eligibility

Any technology-based startup is welcome to apply.

As long as your startup is related to the fields listed in the announcement, you are welcome to apply. Eligibility will be reviewed during the evaluation process.

POSCO IMP Operator  E-mail poscoimp@gmail.com


ⓒ Idea Market Place 2025