SBA Expands Support for Technology Development to Aid Global Market Entry

Taiwan's No.1 Crowdfunding Platform 'Jekjek' Signs Business Agreement for Overseas Expansion

[Asia Economy Reporter Kim Cheol-hyun] Seoul Business Agency (SBA, CEO Jang Young-seung) announced on the 9th that it has signed a written business agreement with the Taiwanese crowdfunding platform Zeczec to support the successful overseas expansion of Seoul's excellent small and medium-sized enterprises after technology development.

The technology commercialization support project (crowdfunding type) that SBA and Taiwan's Zeczec will collaborate on started domestically in 2017, and last year, through cooperation with Japan's Makuake, successfully verified the potential of overseas markets. This year, Zeczec, the project cooperation partner, will support participating companies with the funding platform and content production, and provide close management such as one-on-one mentoring through the business agreement with SBA. Zeczec is the number one company in the Taiwanese crowdfunding platform industry, with 1.5 million members, a cumulative funding amount of 150 billion KRW, and nearly 10 million monthly visitors. Companies that successfully complete funding are linked to Zeczec's offline concept stores, securing a stable distribution network.

Currently, applications for participation in the support project are being accepted through the SBA Seoul R&D Support Center website, and submissions are possible until the 23rd. Unlike other platforms, Zeczec requires an additional English summary submission. Kim Seong-min, SBA Head of the Innovation Growth Division, said, "Through this opportunity, we plan to continuously discover overseas crowdfunding platforms not only in Taiwan but also in the United States and Europe, and expand various domestic market verification channels."

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