CTP stands for Chungnam Techno Park, but also presents a formula of succes. Chungnam Techno Park was established in 1999 funded by the Ministry of Trade, Industry and Energy and Chungcheongnam-do Provincial Government as a regional innovation base. Chungnam Techno Park has developed as one of the most exemplary institutions among 18 techno parks all over the country and it has established support systems for technology businesses with advanced business incubation and technical support service facilities while focusing on development of future growth engines, promotion of projects based on its own purposes and support to enhance competitiveness of local businesses.
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