"Don't Mess with SME Technology Leaks"... Foundation for Cooperation Between Large and Small Enterprises Supports Security System Construction

Selected 44 Companies, Up to 40 Million KRW Support Covering 50% of Construction Costs

The Ministry of SMEs and Startups and the Foundation for Large, Small, and Medium Enterprises and Agriculture-Fishery Cooperation announced on the 3rd that they will promote the "2021 Technology Leakage Prevention System Construction Project" to support the establishment of technology security systems for small and medium-sized enterprises. Photo by Getty Images

[Asia Economy Reporter Kim Heeyoon] The Ministry of SMEs and Startups and the Foundation for Large and Small Business, Agriculture and Fisheries Cooperation announced on the 3rd that they will promote the '2021 Technology Leakage Prevention System Construction Project' to support the establishment of technology security systems for small and medium-sized enterprises (SMEs).

The 'Technology Leakage Prevention System Construction Project' is a program that supports up to 50% of the cost of building technology leakage prevention systems, up to a maximum of 40 million KRW, targeting SMEs with weak technical and physical security.

Previously, the Ministry of SMEs and Startups supported the establishment of technology leakage prevention systems for a total of 332 SMEs until last year. Through this, it is evaluated that they contributed to building a systematic technology protection environment for SMEs possessing core technologies.

Among the 106 companies recruited through the announcement in January, a total of 44 companies were selected as project targets after preliminary diagnosis and selection evaluation by technology protection experts through on-site visits. These companies will sign agreements on the 4th and proceed with the full-scale technology leakage prevention system construction project.

A representative of the selected companies stated, “Interest and necessity for technology protection are continuously increasing due to technology leakage accidents such as internal and external leakage of core technologies of companies,” and added, “We plan to promote more active technology protection through this project.”

Kim Sooncheol, Secretary General of the Cooperation Foundation, said, “We hope that this project will prevent the external leakage of core technologies of SMEs in advance and serve as an opportunity to enhance technological competitiveness,” and “As interest in issues such as hacking of key technologies and internal and external leakage of core technologies of companies is increasing recently, we plan to recruit additional supported companies by the end of June to build technology leakage prevention systems for more SMEs.”

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