Gibo Partners with Chungbuk National University Industry-Academic Cooperation Foundation for Regional Balanced New Deal

Business Agreement Signed
Promoting Regional Balanced New Deal through Support for SMEs in Chungbuk Cheongju Small Giant R&D Special Zone

[Asia Economy Reporter Kim Cheol-hyun] The Korea Technology Finance Corporation (Chairman Jung Yoon-mo, hereinafter referred to as Kibo) announced on the 11th that it has signed a "Business Agreement to Promote Regional Balanced New Deal through Fostering Small and Medium Enterprises in the Gangso Research and Development Special Zone" with the Industry-Academic Cooperation Foundation of Chungbuk National University (Director Lee Young-sung, hereinafter referred to as the Industry-Academic Cooperation Foundation). This agreement was established to build an organic cooperation system between Kibo and Chungbuk National University to support technology-advanced companies located in the Gangso Research and Development Special Zone and to nurture them into excellent companies with international competitiveness.

According to the agreement, when the Industry-Academic Cooperation Foundation discovers companies located in the Gangso Special Zone and recommends them to Kibo, Kibo will provide technology evaluation and preferential guarantees for research institute companies and advanced technology companies. In addition, through non-financial support such as technology transfer, intellectual property mutual aid, and technology protection, it plans to help the Chungbuk Cheongju Gangso Special Zone establish itself as a research and development (R&D) special zone leading the 4th Industrial Revolution.

Furthermore, the two organizations plan to continue an organic cooperation system to create synergy through mutual exchanges such as cooperation and joint projects to support companies located in the Gangso Special Zone and to foster an industrial ecosystem based on technological innovation. Lee Ui-jang, head of Kibo's Chungcheong Regional Headquarters, said, "Based on Kibo's excellent technology evaluation infrastructure, we will spare no support for the growth and leap of companies located in the Gangso Special Zone," adding, "We will actively respond to promoting the regional balanced New Deal through the innovative growth of small and medium venture companies located in the Chungbuk region on the occasion of this agreement."

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