Selected as Excellent Institution for 2021 Innovation Plan Writing... 3 out of 243 Institutions

Kim Hak-do, Chairman of the Korea Institute for Advancement of Technology, is revealing the direction of management innovation at a press conference marking the first anniversary of his inauguration held in May in Mokdong, Seoul.

Kim Hak-do, Chairman of the Korea Institute for Advancement of Technology, is revealing the direction of management innovation at a press conference marking the first anniversary of his inauguration held in May in Mokdong, Seoul.

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[Asia Economy Reporter Kim Cheol-hyun] The Small and Medium Business Corporation (Chairman Kim Hak-do, hereinafter referred to as SBC) announced on the 31st that it was selected as an excellent institution for the 2021 Innovation Plan and received a commendation from the Deputy Prime Minister for Economy.


On this day, according to the 2021 Public Institution Innovation Guidelines of the Ministry of Economy and Finance, among 243 institutions that submitted innovation plans, three institutions including SBC received commendations.


SBC was recognized for its contribution to creating tangible changes and outcomes for the public by establishing an innovation plan focused on leading the Korean New Deal, including revitalizing the non-face-to-face and digital economy for small and medium enterprises, responding to carbon neutrality, and regional industrial development.


Specifically, SBC set innovation goals to promote the innovative growth of small and medium enterprises, create social value outcomes, and secure public trust, and focused on ▲ digitalizing policy fund support methods ▲ spreading smart factories ▲ converting export support systems to non-face-to-face ▲ resolving maritime and air logistics difficulties ▲ decarbonizing manufacturing sites ▲ nurturing talent in new industries and linking to employment ▲ regional industry innovation projects.


In particular, SBC proactively responded to industrial structure reorganization by establishing dedicated departments and regional centers necessary for newly promoting small and medium enterprise structural innovation support projects, thereby creating a system to support the future economic structure transition of small businesses.



Chairman Kim Hak-do said, "We will actively support ESG management, digital transformation, and response to changes in the global value chain so that small and medium enterprises can lead innovation in the new normal era," adding, "SBC will continue management innovation that the public can feel as a mediator connecting the business field and policies."


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

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