InnoBiz Association Holds On-Site Meeting in Chungbuk for SME Regulatory Innovation

[Asia Economy Reporter Donghyun Choi] The Innobiz Association announced on the 27th that it held an on-site meeting for Innobiz companies in Chungbuk to innovate regulations for small and medium-sized enterprises (SMEs) at the Innobiz Chungbuk Branch located in Cheongwon-gun, Chungbuk.

This meeting is part of the 'SME Regulation Difficulty Discovery and Improvement Support Project' conducted together with the SME Ombudsman. It aims to identify on-site regulations and difficulties faced by Innobiz companies, which are excellent companies certified by the government for technological innovation, conduct in-depth research, and derive improvement measures.

The meeting was attended by about 30 people, including Kim Sejong, Director of the Innobiz Policy Research Institute of the Innobiz Association; Seo Hyuknam, Senior Expert of the SME Ombudsman Support Group; Kim Jongchan, Head of the Chungbuk Branch of the Korea Technology Finance Corporation; and other related local organizations and Innobiz companies.

The issues identified as regulatory difficulties by the Innobiz Chungbuk Branch include ▲ easing land regulations for securing company sites ▲ easing environmental regulations for facility expansion and extension ▲ expanding support for youth jobs in the Chungbuk region ▲ improving internal transportation networks in the Osong Industrial Complex to prevent workforce attrition.

Kim Sejong, Director of the Innobiz Policy Research Institute, said, “The government's discovery and reform of regulations are for SME entrepreneurs who focus on their core business while challenging the future,” adding, “As the association celebrates its 20th anniversary this year, it plans to actively discover regulations that hinder the growth of innovative technologies by creating a dedicated site that enables real-time regulation discovery.”

Meanwhile, the Innobiz Association is the managing institution of the 'Innobiz' certification system, which refers to technology-innovative SMEs certified by the Ministry of SMEs and Startups. As of the end of June this year, there are 20,844 Innobiz companies nationwide.

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