Operation Begins for 'Smart Green Sandan B2B Manufacturing Transaction Center'

Support for Startup Idea Productization and Mass Production

[Asia Economy Reporter Kim Cheol-hyun] Korea Industrial Complex Corporation (Chairman Kim Jeong-hwan, hereinafter referred to as KICO) announced on the 10th that it will officially launch the operation of the 'B2B Manufacturing Trading Center,' which connects customers who want to manufacture with factories capable of producing products.

The B2B Manufacturing Trading Center, promoted as part of establishing a smart manufacturing innovation foundation within industrial complexes and revitalizing B2B manufacturing transactions between companies, has expanded its operation to three regions nationwide among the designated Smart Green Leading Industrial Complexes, based on the pilot operation results confirmed over the past two years in the Banwol·Sihwa National Industrial Complex.

The B2B Manufacturing Trading Center, which was piloted in the Banwol·Sihwa National Industrial Complex in Gyeonggi Province, successfully matched 115 cases, including product mass production contracts, by supporting the discovery and matching of manufacturing demand companies and supply companies, achieving sales of 15 billion KRW.

The main services of the B2B Manufacturing Trading Center include manufacturing consulting, manufacturing demand-supply company matching, prototype production, marketing, and funding support, all of which are provided free of charge. The manufacturing consulting service will have professional consultants stationed at the three manufacturing trading centers to provide customized services for demand companies, such as prototype planning, design, production, product mass production factory matching, and product promotion and marketing. The manufacturing demand-supply company matching service discovers manufacturing demands for new products targeting startups and prospective entrepreneurs and connects them with the optimal manufacturing factories capable of production. In this process, free prototype production support is provided to help commercialize excellent items, and after matching demand and supply companies, crowdfunding support for raising funds for mass production and promotional and marketing support services for mass-produced products are also offered.

Kim Jeong-hwan, Chairman of KICO, said, "Support from the Industrial Complex B2B Manufacturing Trading Center will be a great help to small and medium manufacturing companies, startups, and prospective entrepreneurs struggling with market development and securing production networks." He added, "We will expand the center's functions and enhance services to promote manufacturing startups by supporting the commercialization and mass production of excellent startup ideas, and provide small and medium manufacturing companies with opportunities to secure orders and diversify their businesses."

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