Seoul Business Agency Hosts Online Business Briefing Session

Various Projects Planned to Support Digital Transformation of Small and Medium Enterprises

[Asia Economy Reporter Kim Cheol-hyun] Seoul Business Agency (SBA, CEO Jang Young-seung) announced that it will hold an online integrated briefing session for this year's support projects on the 17th. The briefing will be broadcasted through the official YouTube channel of Seoul Business Agency, 'SBA TV Seoul Business Agency,' and is expected to last about 1 hour and 30 minutes.

This year's online business briefing will proceed in the following order: ▲Technology Commercialization Support Project ▲Growth Stage Scale-up Technology Commercialization Support Project ▲Bio and Medical Technology Commercialization Support Project ▲Artificial Intelligence (AI) Technology Commercialization Support Project ▲G-Valley ICT Convergence Technology Commercialization Support Project ▲Fashion Industry Convergence Technology Commercialization Support Project ▲Fintech and Blockchain Technology Commercialization Support Project ▲5th Seoul Innovation Challenge ▲2021 G-Valley Online Export Consultation ▲Content Technology Support Project.

Last year, as a specialized institution supporting small and medium enterprises in Seoul, Seoul Business Agency created 6,461 jobs, an 11.5% increase compared to the previous year. It also supported 28,140 innovative companies and led to an increase in sales of supported companies by 63.2% compared to the previous year. Through a 40 billion KRW scale technology competitiveness enhancement support program, it raised the survival rate of supported companies to over 90%, and achieved follow-up investments of 22.8 billion KRW through organic connections between content companies and venture capital.

This year, Seoul Business Agency plans to implement various support projects such as education and capacity-building consulting to support the digital transformation of small and medium enterprises in response to industrial changes such as the activation of non-face-to-face industries and the Digital New Deal. Jang Young-seung, CEO of Seoul Business Agency, said, "To overcome the difficulties of COVID-19 and welcome the new digital renaissance era, Seoul Business Agency will continuously strive to become an institution that supports the digital transformation of small and medium enterprises, revitalizes the Seoul economy, and creates sustainable jobs."

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