TIPA awarded '2020 Air Force Outstanding Group Award'

Recognition of the Air Force's Contributions to Strengthening 4th Industrial Revolution Technological Capabilities

Lee Jae-hong, President of the Korea Technology and Information Promotion Agency for SMEs (left), is receiving the "2020 Air Force Distinguished Organization Award" (Chief of Staff of the Air Force Award).
[Photo by TIPA]

[Asia Economy Reporter Kim Jong-hwa] The Korea Technology and Information Promotion Agency for SMEs (TIPA), led by President Lee Jae-hong, announced on the 8th that it was selected as the organization that illuminated the Air Force in 2020 and received the Chief of Staff of the Air Force Award.

Since signing a mutual cooperation agreement with the Air Force in May last year, TIPA has been providing policy advice to the Air Force and establishing a joint support system related to technology development for SMEs, cooperating to strengthen the Air Force's 4th Industrial Revolution technological capabilities and to revitalize the growth of small and venture businesses.

In particular, a joint cooperation system for full-cycle support including 'task discovery - technology development - commercialization - procurement' for cooperative technology development between defense sector small and venture businesses and the Air Force has been established and is scheduled to be fully implemented starting this year.

To this end, the Air Force plans to open its experimental environment so that small and venture businesses can secure real-world data of their possessed technologies, actively supporting the creation of technology development ideas and enhancing the reliability of developed products.

Lee Jae-hong, President of TIPA, said, "We will continue to closely cooperate so that small and venture businesses can achieve many results through cooperative technology development in the defense sector and the Air Force can further develop aiming for smart defense."

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