Naysor Named an Excellent Company at KOICA's CTS Seed 0 Demo Day

25 February 2026. Naysor, a South Korean clean energy company that converts palm oil waste into cleaner fuel, was named one of five excellent companies at the results-sharing event of CTS Seed 0 (2025-2026), the early-stage accelerator of the Korea International Cooperation Agency (KOICA). MYSC and KAIST Venture Investment (KVI), which ran the program, presented the five excellent companies out of the 25 teams in the cohort.

About CTS Seed 0

CTS (Creative Technology Solution) is KOICA's program for companies that use innovative technology to solve social problems in developing countries, and Seed 0 is its first stage. The 25 teams of the 2025-2026 cohort went through about three months of intensive acceleration. The program team carried out a 22-day field study in five countries (Bangladesh, Vietnam, Indonesia, the Philippines and Kenya) with in-depth interviews of 145 people at 98 organizations, and used it to help each company define the problem from the local side rather than the supplier's, and to design its business model around it.

Biomass Fuel from Indonesia's Palm Oil Residue

Naysor took part with its business of turning empty fruit bunches (EFB) and palm oil mill effluent (POME) from Indonesian palm oil mills into biomass fuel and fuel additives that replace coal. The five excellent companies are Naysor (Indonesia), Save the Farms (Mongolia), S-Choice (Uzbekistan), Paineco (Mongolia) and Planck Lab (Vietnam).

Next Steps

The excellent companies head out on a field visit with their mentors, and KOICA offers tailored consulting ahead of the next CTS Seed 1 and Seed 2 calls. Building on this result, Naysor is preparing its on-site validation in Indonesia and the next stages of CTS.