Gibo, Supporting Innovative Growth of Women Startups in Seoul

Seoul Foundation of Women and Family Partnership
Activation of Women Entrepreneurship in Seoul through Technology Evaluation and Technology Guarantee Support Linkage

(From the second person on the left) Jang Young-gyu, Head of Kibo Seoul Western Regional Headquarters, Baek Kyung-ho, Director of Kibo, and Baek Mi-soon, CEO of Seoul Foundation of Women and Family, are taking a commemorative photo after the signing ceremony.

[Asia Economy Reporter Kim Cheol-hyun] The Korea Technology Finance Corporation (Chairman Jung Yoon-mo, hereinafter referred to as Kibo) announced on the 23rd that it has signed a "Business Agreement to Support Innovative Growth of Startups at Space Sallim" with the Seoul Foundation of Women and Family (hereinafter referred to as the Foundation).

This agreement mainly aims to provide combined financial and non-financial support to startups residing in Space Sallim, a women’s startup space operated by the Foundation, as well as startups participating in projects organized by the Foundation, to promote women’s entrepreneurship activation and the creation of a startup ecosystem.

According to the agreement, when the Foundation discovers excellent gender-related technology companies and promising women-led companies and recommends them to Kibo, Kibo plans to support the innovative growth of women-led startups in Seoul through comprehensive support such as technology evaluation, customized guarantee support, direct investment, and technology transfer.

Additionally, Kibo and the Foundation will support startups in overcoming early-stage difficulties and securing business stability early by providing non-financial services such as education, consulting, social venture certification, and guarantee fee support for companies residing in Space Sallim through mutual exchange.

Baek Kyung-ho, a director at Kibo, said, "Kibo operates various support systems for small and medium venture companies, including technology evaluation, customized guarantee support, and social venture certification." He added, "Taking this agreement as an opportunity, we will actively cooperate so that Space Sallim, Korea’s first women’s venture startup hub, can leap forward as a successful women’s startup space and become a benchmarking case for other local governments."

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