Jungjingong-KTL Join Hands to Strengthen 'SME Technology and Export Competitiveness'

Signed a Business Agreement with Korea Testing Laboratory

On the afternoon of the 1st, at the Jinju headquarters of the Korea Testing Laboratory (KTL), Kim Hak-do, Chairman of the Small and Medium Business Corporation (left), and Kim Se-jong, President of KTL, are posing for a commemorative photo during the SMBA-KTL business agreement ceremony.

[Asia Economy Reporter Kim Cheol-hyun] The Small and Medium Business Corporation (Chairman Kim Hak-do, hereinafter referred to as SBC) announced on the 1st that it has signed a business agreement with the Korea Testing Laboratory (President Kim Se-jong, hereinafter referred to as KTL) to strengthen the technological competitiveness of small and medium ventures, develop sales channels, and activate exports.

Through this agreement, the two organizations plan to jointly design and promote export support programs utilizing overseas bases to foster export growth of small and medium ventures. Additionally, SBC will identify and recommend companies participating in export support projects such as export incubators and technology exchange projects that require support for obtaining overseas certifications, while KTL will provide consulting related to acquiring overseas certifications and offer preferential fees and other services.

Furthermore, KTL plans to collaborate to expand the overseas market entry of promising small and medium ventures by linking SBC’s corporate diagnosis and policy projects for companies selected for the 'K-STAR' enterprise development project, and by jointly hosting technical seminars and company presentations. The K-STAR enterprise development project is a win-win cooperation program independently initiated by KTL since 2016 to resolve technical difficulties encountered by promising small enterprises in their development into technology-innovative global companies.

Chairman Kim Hak-do said, "Last year, we achieved excellent results by pilot-operating the UAE standard certification support program with KTL in Dubai, acquiring 95 overseas certifications and exceeding $400,000 in export performance," adding, "Through this agreement, we will actively support domestic small and medium ventures with excellent technological capabilities to successfully enter overseas markets."

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