Monthly TIPS: Profit, Expansion, Technology, Management, Talent, Efficiency, Innovation

TIPS, organized by the Ministry of SMEs and Startups, is a program that supports technology-based startups by matching government funds with promising startups discovered by private investors. Its selection itself holds significant meaning, as it verifies the startup's technological prowess. Over the past month, several companies that have joined this program have showcased innovative AI technologies, garnering anticipation from domestic and international markets. **Recl**, going beyond its mobile used clothing collection service, has been selected for 'Scale-up TIPS', receiving 1.2 billion won over three years to research an AI-based used clothing condition inspection and resale value assessment model. The company plans to significantly reduce over 110,000 tons of textile waste annually and pursue the development of new materials to replace plastics with recycled textile fibers, thereby setting a new standard for resource circulation. **Expensia** has been selected for TIPS R&D for its 'AI-based K-commerce Solution' development project. With funding of up to 500 million won, the company plans to strongly support domestic small and medium-sized brands' entry into overseas distribution platforms like Amazon through AI market data analysis for sales forecasting and product description optimization. **Wand** has been selected for TIPS with its AI-based patent search and analysis service 'Patsol'. It aims to maximize the efficiency of patent work by searching for similar patents without complex queries and assisting with specification writing using AI, aspiring to create a global standard for AI-based patent solutions. **TIP Corporation** has been selected for the TIPS program with its AI leadership coaching platform 'TIPP'. Utilizing sentiment analysis and natural language processing technology based on accumulated coaching data, it provides hyper-personalized leadership coaching, expected to contribute to strengthening the capabilities of all leaders within companies and improving organizational performance. **Hustlers**' smartphone usage management service 'Turning' has been selected for TIPS, enabling cooperation with Yonsei University's AI Lab to fully develop a smartphone assistant AI model (LLM Agent). Beyond its position as the No. 1 in the domestic digital detox market, it is rapidly growing in the North American market, aiming to expand beyond personalized mobile habit improvement into the broader digital wellness industry. **MPAGE** has been recognized for its outstanding performance among TIPS graduate companies and selected for 'Post-TIPS'. Operating a global digital sheet music platform, it focuses on AI music technology R&D, planning to advance sheet music recognition and deep learning-based real-time pitch recognition technology to provide new experiences and value to platform users. **Robotom** has been selected for TIPS with its AIoT-based robotics residential solution 'Roboteria'. Recognized for the completeness of its robotics smart home module system and AI-based monitoring technology, it will leap forward as an innovative company setting new residential standards by increasing the utilization of living spaces and introducing real-time safety monitoring systems. As such, companies selected through TIPS are leading innovation in their respective fields based on advanced technologies such as AI, big data, and robotics, strengthening their competitiveness not only domestically but also in the global market. This demonstrates the dynamic aspect of South Korea's startup ecosystem, pioneering the future through technological prowess.