Shinbo Partners with Sandan Gongdan to Offer Preferential Guarantees for 'Digital and Green New Deal' Companies

Yoon Dae-hee, Chairman of the Korea Credit Guarantee Fund (right), and Kim Jeong-hwan, Chairman of the Korea Industrial Complex Corporation, are posing for a commemorative photo on the 17th at the Korea Industrial Complex Corporation headquarters in Daegu during the 'Digital and Green New Deal Enterprise Promotion and Industrial Complex Revitalization Business Agreement Ceremony.' Photo by Korea Credit Guarantee Fund

[Asia Economy Reporter Song Seung-seop] The Korea Credit Guarantee Fund (KODIT) signed a memorandum of understanding (MOU) with the Korea Industrial Complex Corporation (KICOX) on the 17th to foster digital and green New Deal companies and revitalize industrial complexes.

This agreement centers on combining KODIT's financial support infrastructure with KICOX's manufacturing support infrastructure. The goal is to support the rapid growth of digital and green New Deal companies within industrial complexes and to nurture manufacturing-based innovative startups with excellent technology and ideas.

KODIT will provide customized guarantees tailored to each growth stage for companies recommended by KICOX, offering preferential guarantee ratios and fees. It will also participate as a key partner in the manufacturing-based startup incubation platform planned by KICOX. Additionally, support will be provided for attracting private investment and offering management and technical consulting.

Previously, the two organizations exchanged personnel to share expertise in supporting small and medium enterprises and to establish a 'collaborative convergence support system.' Through this, they created a cooperative system that offers credit guarantees, accounts receivable insurance, and provision of office space in a one-stop manner.

Yoon Dae-hee, Chairman of the Korea Credit Guarantee Fund, emphasized, "This agreement has established a mutual cooperation support system to assist digital and green New Deal companies and revitalize industrial complexes. We will continue to actively collaborate with various institutions to do our best in supporting New Deal companies."

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