TIPA Holds Investment Briefing to Support Overseas Business of SMEs

Photos from the Value-up event by the Korea Technology and Information Promotion Agency for SMEs. Kim Bae-gyun, CEO of TEE Co., Ltd. (bottom right in the photo), is conducting an IR online for prospective overseas investors. Photo by TIPA

[Asia Economy Reporter Kim Jong-hwa] The Korea Technology and Information Promotion Agency for SMEs (TIPA) held a global investment briefing online as part of the 'TIPA Value-Up Program' to revitalize investment attraction for small and medium-sized enterprises (SMEs) engaged in technology development (R&D).

According to TIPA on the 11th, the 'TIPA Value-Up Program' is a program that supports investment attraction for early-stage startup SMEs to commercialize excellent products and technologies they have developed. Every year, 100 promising companies are selected, and participating companies receive education for investment attraction and support for building networks with investment institutions.

At this briefing, local evaluators from venture capital firms in six countries including the United States, Luxembourg, Switzerland, China, Singapore, and the Philippines participated online. The global IR participating companies included seven firms such as GBS Commonwealth (medical devices), Deepcent Co., Ltd. (olfactory stimulation convergence digital therapy solutions), Mobilio (AI big data analysis-based autonomous delivery service), and Drivetech (modular autonomous driving platform for variable logistics vehicles).

Lee Jae-hong, President of TIPA, said, "The TIPA Value-Up Program operates by actively reflecting the demands of participating companies," adding, "We will spare no effort to provide various support so that the excellent companies discovered through this program can not only attract domestic venture investment but also expand overseas through foreign investment attraction."

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