Gibo Takes Initiative to Improve Firefighting Industry Technology and Promote Public Safety

Gibo-Gyeonggi Fire Disaster Headquarters-Korea Fire Industry Association, Fire Industry Support Business Agreement

[Asia Economy Reporter Kim Cheol-hyun] The Korea Technology Finance Corporation (Chairman Kim Jong-ho, hereinafter Kibo) announced on the 27th that it signed a 'Business Agreement to Support Excellent Small and Medium Enterprises in the Firefighting Industry' with the Gyeonggi-do Fire and Disaster Headquarters and the Korea Fire Industry Association.

According to the agreement, Kibo will provide comprehensive support to small and medium enterprises possessing firefighting industry-related technologies, including ▲technology finance support ▲venture and Inno-Biz certification evaluation ▲technology transfer and technology protection. The Gyeonggi-do Fire and Disaster Headquarters will provide various administrative supports for the exhibition and practical use of firefighting products and equipment, while the Korea Fire Industry Association will discover and recommend target companies.

The domestic firefighting industry, which is the foundation of public safety, had 8,947 companies and about 183,000 employees as of the end of 2020, with sales reaching 17 trillion won. Additionally, various efforts are being made for the development of the firefighting industry, such as developing advanced technologies to respond to special disasters and securing world-class quality of firefighting products.

Kim Dae-cheol, head of Kibo's Gyeonggi branch, said, "Kibo operates various support systems for small and medium venture companies, such as technology evaluation, customized guarantee support, and direct investment," adding, "Through this agreement, we will actively support small and medium firefighting industry companies with excellent technologies to grow one step further through technology development and commercialization and contribute to revitalizing the regional economy."

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