Kibo, Five Innovative Ideas Selected for Public Participation

Incorporation of Excellent Ideas Such as Introducing Non-Face-to-Face Consultation Services via Video Systems into Mid- to Long-Term Innovation Plans

[Asia Economy Reporter Kim Cheol-hyun] The Korea Technology Finance Corporation (Chairman Jeong Yun-mo, hereinafter referred to as Kibo) announced on the 29th that it selected five outstanding innovative ideas from the 'National Innovation Idea Contest' held for one month starting April 27.

Under the slogan "Kibo's Future and Innovation Achieved by the People's Ideas," this contest was divided into four categories: support for innovative growth, digital service innovation, realization of social value, and organizational operation system innovation, receiving a total of 68 ideas.

To ensure fair evaluation, Kibo separately reviewed external and internal submissions, and after evaluation by a judging panel composed of experts in each category, the Citizen Participation Innovation Committee finalized the rankings and award recipients.

The grand prize-winning idea was "Introduction of Non-face-to-face Guarantee Consultation Service through Video System," recognized for its policy suitability as it reflects the non-face-to-face trend due to the spread of COVID-19 and considers the convenience of client companies.

Since 2017, Kibo has held the Innovation Idea Contest four times, applying citizens' innovative ideas to actual operations, such as launching the non-face-to-face guarantee product "One-Click Guarantee." Director Yoon Beom-su of Kibo stated, "We will continue to expand public participation to actively discover excellent ideas and incorporate innovative ideas proposed by the public into mid- to long-term innovation promotion plans to achieve new changes and open innovation together."

This content was produced with the assistance of AI translation services.