Hyundai Motor and the South Korean government are coming together to open a hydrogen innovation center to help spur a creative economy.
Just-Auto says the automaker plans to attract startups to the center in Gwangju by granting access to 1,000 unused patents related to said technology:
The centre will focus on nurturing start-ups, providing key infrastructure and creating an “ecosystem” for the hydrogen economy by training workers and strengthening necessary networks.
Hyundai and its investor partners will raise ₩117.5 billion ($164 million USD) to bring the innovation center online, and will be one of 12 centers to be established throughout South Korea over 2015.
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