TIPA-TS Signs Business Agreement to Support Strengthening Technology Competitiveness of SMEs

Lee Jae-hong, President of the Technology and Information Promotion Agency for SMEs (TIPA) (right), and Kwon Yong-bok, Chairman of the Korea Transportation Safety Authority (TS), are taking a commemorative photo after signing a business agreement.
[Photo by TIPA]

[Asia Economy Reporter Kim Jong-hwa] The Korea Technology and Information Promotion Agency for SMEs (TIPA) announced on the 16th that it has signed a memorandum of understanding (MOU) with the Korea Transportation Safety Authority (TS) to promote technology development and commercialization for demand-based SMEs at the Korea Transportation Safety Authority.

Through this agreement, both organizations will collaborate to ▲ identify and improve joint issues to strengthen the technological competitiveness of SMEs, ▲ enhance market support for technology commercialization of SMEs, and ▲ cooperate in utilizing test-bed construction for the demonstration of developed technologies.

Synergistic effects are expected in pioneering technologies for SMEs and establishing an advanced future transportation environment. For selected demand-based SMEs, both organizations plan to cooperate to advance technology development support projects such as ▲ market support for technology commercialization and ▲ test-bed construction for demonstration of developed technologies, thereby strengthening the technological competitiveness of SMEs.

Lee Jae-hong, President of TIPA, stated, "Through the MOU with TS, we expect SMEs with technological competitiveness to discover new technologies and contribute to the development of innovative future transportation," adding, "We will continue to expand TIPA's SME support policies and technological cooperation through various collaborative efforts."

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