The Ministry of Science, the ICT and the Future Planning and Small and Medium Business Administration held a “Super Star: Super Star V” exhibition on November 24 and selected the final 10 awards after eight months of a long journey.

“Super Start V: Super Start V” is the nation’s premier idea & start-up completion to support creative economic leaders who challenge creative thinking and support their growth.In addition, ‘Creative Idea Competition’ and ‘Korea star-up business league’ will be merged for the first time this year, and the awards will be given in connection with the Creative Economy Fair.

INGINE won a gold prize (Prime Minister Award) with 50 million won in prize money by proposing “Wave-power generator technology for island and coastal areas.”

INGINE’s technology involves the technique of converting both the upper and lower kinetic energy of waves simultaneously and converting them into electric energy at the same time.