On the 5th, Lee Jae-hong, President of the Korea Technology and Information Promotion Agency for SMEs (center), and about 10 executives and employees entered Daejeon National Cemetery to pay their respects. <br>[Photo by TIPA]

On the 5th, Lee Jae-hong, President of the Korea Technology and Information Promotion Agency for SMEs (center), and about 10 executives and employees entered Daejeon National Cemetery to pay their respects.
[Photo by TIPA]

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[Asia Economy Reporter Junhyung Lee] On the 5th, Lee Jaehong, President of the Technology Innovation Promotion Agency for SMEs (TIPA), visited Daejeon National Cemetery with about 10 representatives of executives and employees to pay respects for the New Year.


After the visit, President Lee wrote in the guestbook, "We will devote all our efforts to technological innovation of small and medium venture businesses and the advancement of smart factories."


The phrase written by Director Lee Jae-hong in the guestbook at Daejeon National Cemetery on that day. <br>[Photo by TIPA]

The phrase written by Director Lee Jae-hong in the guestbook at Daejeon National Cemetery on that day.
[Photo by TIPA]

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TIPA will execute a budget of 1.8 trillion KRW this year to support small and medium venture businesses. The budget will be allocated to R&D for technological innovation of SMEs and support for smart factories, amounting to 1.36 trillion KRW and 440 billion KRW respectively.



To prevent the spread of COVID-19, only key executives accompanied the visit while adhering to quarantine guidelines.


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

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