Kibo Leads the Revitalization of Daegu City's Medical Industry

Daegu Gyeongbuk Advanced Medical Industry Foundation and Daegu Creative Economy Innovation Center Sign Business Agreement

From the left, Song Bae-ho, Head of the Daegu Regional Headquarters of the Korea Technology Finance Corporation, Lee Young-ho, Chairman of the Daegu-Gyeongbuk Advanced Medical Industry Promotion Foundation, and Lee Jae-il, Director of the Daegu Center for Creative Economy and Innovation, are posing for a commemorative photo after the signing ceremony.

[Asia Economy Reporter Kim Cheol-hyun] The Korea Technology Finance Corporation (Chairman Jung Yoon-mo, hereinafter referred to as Kibo) announced on the 12th that it has signed a 'Business Agreement for the Revitalization of the Daegu Medical Industry and Job Creation' with the Daegu-Gyeongbuk Advanced Medical Industry Promotion Foundation (Chairman Lee Young-ho) and the Daegu Creative Economy Innovation Center (Center Director Lee Jae-il).

Through this agreement, each organization will provide comprehensive support including guarantees and infrastructure support throughout the entire cycle for preliminary and early-stage startup companies in the medical field in Daegu, as well as investment attraction events. It is expected to realize social value by revitalizing startups in the medical field in Daegu and creating new jobs.

Kibo plans to support medical startup companies with customized guarantees and consulting, while the Foundation and Daegu Creative Economy Innovation Center will discover promising medical startups and support acceleration such as commercialization, incubation, infrastructure support, and mentoring.

Kibo's preliminary entrepreneur support system has resolved funding difficulties during the startup preparation process by providing guarantee support to eliminate uncertainties in raising startup funds and has provided necessary startup information in the form of mentoring, helping about 7,000 people succeed in starting their businesses so far.

Song Bae-ho, Head of Kibo Daegu Regional Headquarters, said, "It is necessary to provide close support from the preliminary startup stage so that medical startups in Daegu can grow into unicorn companies through discovery and focused support." He added, "Kibo will continue to take the lead in realizing social value through job creation by actively supporting medical startups in Daegu."

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