Kibo Holds Management Strategy Workshop to Lead the 'Korean New Deal'

On the 26th, Jung Yun-mo, Chairman of Kibo, delivered a opening remark at the management strategy workshop held online.

[Asia Economy Reporter Kim Cheol-hyun] The Korea Technology Finance Corporation (Chairman Jeong Yun-mo, hereinafter Kibo) announced on the 26th that it held a first-half management strategy workshop under the theme of the "Korean New Deal" at its headquarters in Munhyeon-dong, Busan. This workshop was conducted via non-face-to-face video conferencing in line with the digital transformation following the COVID-19 pandemic.

The workshop was organized to share last year's management performance and this year's key tasks amid the COVID-19 crisis and to explore Kibo's role and policy direction within the government's "Korean New Deal." Discussions were held on the concept of policies advancing toward a leading economy, a low-carbon economy, and an inclusive society under the theme of the Korean New Deal, as well as Kibo's role in achieving these goals. Chairman Jeong Yun-mo emphasized, "This year, we will actively fulfill our role as a comprehensive support institution for small and venture businesses not only to overcome the COVID-19 crisis but also to lead the Korean New Deal."

Last year, Kibo supported guarantees totaling KRW 25.4 trillion, including KRW 7.8 trillion in new guarantees, focusing on key sectors to help small businesses overcome the COVID-19 crisis. It has led the innovative growth of small and venture businesses and the creation of a startup ecosystem by supporting the scale-up of technology innovation companies and introducing New Deal guarantee programs.

This year, to overcome the COVID-19 crisis, Kibo plans to resume special COVID guarantees, fully implement the new technology evaluation system "Airate" to strengthen expertise in technology evaluation, and support the establishment of technology strategies for small and venture businesses through the construction of a patent evaluation platform. Additionally, to support the scale-up of small and venture businesses, Kibo will expand guarantee support by growth stage, including Tech Valley guarantees, R&D support, and special guarantees for prospective unicorns. It will also implement Green New Deal guarantees and advance the carbon value evaluation model to respond to the Green New Deal and carbon neutrality.

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