Graduate students from the Graduate School of Technology and Innovation Management (MOT) at UNIST made a remarkable impression at the “2024 Business Model (BM) Idea Competition,” held at COEX in Seoul on September 25, 2024. They showcased their commercialization potential by winning the Minister’s Award of the Ministry of Trade, Industry, and Energy (MOTIE) in both the private and public technology sectors.
The competition featured graduate students from ten graduate schools of technology and innovation management across the country, who presented innovative ideas and business models for technology commercialization, utilizing technologies registered in the National Tech-Bank (NTB). A total of 19 teams reached the finals, with UNIST earning the MOTIE Minister’s awards in all categories.
In the private technology sector, JiWon Choi, DaSol Han, and SeungChan Kim won the MOTIE Minister’s Award.
In the private technology sector, the UNIST team attracted attention with their proposal for the “Carbon-PCM Hybrid Superheat Dispersion Tape.” Presented by JiWon Choi, DaSol Han, and SeungChan Kim, this innovative idea was highly praised for its potential to maximize thermal efficiency.
In the private technology sector, JiWon Choi, DaSol Han, and SeungChan Kim won the MOTIE Minister’s Award.
In the public technology sector, Bong Jin Kim, Je Yeon Lim, and Yun Yi Cho introduced the “Digital Twin-Based Automatic Dispatch System for the Development of Smart Ports.” This system garnered interest for its ability to enhance port operational efficiency and contribute to the overall development of the logistics industry.
The final competition featured 19 teams, including five comprised of high school and college students, along with seven from the private and public technology sectors. After extensive evaluations conducted through presentations and online screenings, two teams from each category were ultimately selected. The two teams from UNIST were awarded a total of 4 million won (approximately 4,800 USD) in prize money.
“I entered graduate school to start a technology business,” said Seungchan Kim. “My experiences in the furniture manufacturing industry and various startup competitions have helped me develop a solid business model.” He further added, “The graduate program has been instrumental in organizing and commercializing my ideas.”
