*This content was translated by AI.
The Korea National Sport Promotion Foundation selected the winning teams of its ‘2026 Sports Industry Startup Idea Competition,’ which was launched in June, and held an awards ceremony.
At the awards ceremony held on the 27th at the Sports Korea Lab (SKL) exhibition and experience center within Olympic Park, the company “Owger,” which proposed a project to manufacture golf putters using magnesium materials, received Choi U (수상). Owger was awarded the Minister of Culture, Sports and Tourism Award along with a cash prize of 6 million won.
The Excellence Awards went to “Obut” and “Volttron,” while the Encouragement Awards were given to “Spodia” and “OAO.” Each team received a cash prize of 4 million won or 2 million won, respectively, along with the Foundation’s Lee (President) Award. Additionally, the three teams that won Choi U (수상) and the Excellence Awards secured qualification for the finals of the cross-ministerial integrated idea competition “Challenge! K-Startup,” organized by the Startup Promotion Agency.
A representative from the Korea National Sport Promotion Foundation told this newspaper via telephone: “We extend our deepest gratitude to the winning teams who discovered innovative items in the sports industry, as well as to all participating teams.”
*This content was translated by AI.
