KIMST to Foster Maritime Startups with 'Unicorn Bay' Program for 2026 C Forum

South Korea's Ministry of Oceans and Fisheries (KIMST) is set to cultivate maritime and fisheries startups through its 'Unicorn Bay' accelerating program. The initiative, organized by KIMST and hosted by the Ministry of Oceans and Fisheries, aims to invigorate the startup ecosystem by offering a suite of support services.

These services include crucial investment, research and development (R&D) funding, and assistance with market penetration. The program's goal is to identify and nurture promising companies within the maritime and fisheries fields, guiding them through the process of commercialization and fostering their overall growth.

By providing this integrated support, 'Unicorn Bay' seeks to create a more robust environment for innovation and entrepreneurship in a sector vital to the nation's economy. The program's success is expected to lead to the development of new technologies and business models, further strengthening South Korea's position in the global maritime and fisheries industry.