Gibo and National Museum Cultural Foundation Join Hands to Establish Museum Culture and Arts Industry

Discovering and Supporting Outstanding SMEs in Museum Cultural Content Sector

Kim Jong-ho, Chairman of the Korea Technology Finance Corporation (right), and Kim Yong-sam, President of the National Museum Cultural Foundation, are taking a commemorative photo.

[Asia Economy Reporter Kim Cheol-hyun] The Korea Technology Finance Corporation (Chairman Kim Jong-ho, hereinafter referred to as Kibo) announced on the 20th that it has signed a comprehensive win-win business agreement with the National Museum Foundation (President Kim Yong-sam, hereinafter referred to as the Foundation) to establish the museum culture and arts industry.

This agreement was prepared to establish the museum culture and arts industry and to support the startup growth of small and medium-sized enterprises engaged in the museum cultural content industry related to this. According to the agreement, the Foundation will discover excellent SMEs in the museum cultural content field and recommend them to Kibo, and Kibo will support cultural industry completion guarantees for companies recommended by the Foundation.

Through the cultural industry completion guarantee, Kibo plans to contribute to the establishment of the museum culture and arts industry and the startup growth of SMEs in the museum cultural content field by providing customized services such as ▲guarantee fee reduction (0.2% points) ▲direct investment ▲content intellectual property protection ▲technology trust.

To focus on fostering the culture and arts industry, Kibo introduced the 'Cultural Industry Completion Guarantee System' in September 2009, which evaluates intangible technologies and projects and supports content production, contributing to the growth of cultural content companies. In addition, Kibo has established Cultural Content Finance Centers dedicated to the culture and arts industry in Seoul, Gyeonggi, Busan, and Daejeon, supporting a total of 894.7 billion KRW for 1,713 cultural content projects until last year, and has been striving to revitalize the cultural industry by expanding support targets to include publishing.

Kim Jong-ho, Chairman of Kibo, said, "Museums are transforming from places that exhibit cultural heritage of the past into complex cultural spaces closely connected to daily life where all citizens can freely enjoy cultural activities." He added, "Through this agreement, Kibo will create a win-win cooperation model to support the startup growth of SMEs engaged in the cultural content industry and take the lead in establishing the museum culture and arts industry through active support."

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