[Asia Economy Reporter Kim Jong-hwa] The Korea Technology and Information Promotion Agency for SMEs (TIPA) announced on the 9th that it will implement a service to process basic supporting documents of SMEs applying for technology development (R&D) support projects online.


This service was developed in collaboration with Korea Enterprise Data Co., Ltd. (KED) to enable SMEs to issue and submit the necessary supporting documents for R&D project applications online, providing a one-stop processing system.


As a result, the inconvenience of SMEs having to scan and upload basic documents such as business registration certificates and financial statements to the system when applying for projects has been resolved. Additionally, the database (DB) conversion of submitted financial information is expected to greatly improve efficiency and reliability.


Furthermore, managing materials as data instead of paper is expected to reduce carbon emissions and contribute to environmental conservation.



Lee Jae-hong, President of TIPA, stated, "We will continue to introduce various services applying digital technology so that SMEs can save time and costs during the execution of SME support policies." Detailed information about the service can be found on the Comprehensive Management System for SME Technology Development Support Projects.


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

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