Kibo and Ulsan Economic Promotion Agency Join Hands to Protect Technology Transactions of Local Companies

Support for Win-Win Cooperation in Technology Transactions, Protection, and Valuation for Small and Medium Enterprises in Ulsan Region

[Asia Economy Reporter Kim Cheol-hyun] The Korea Technology Finance Corporation (Chairman Kim Jong-ho, hereinafter referred to as Kibo) announced on the 16th that it has signed a "business agreement for the activation of technology transactions, technology protection, and technology value evaluation through win-win cooperation" with the Ulsan Economic Promotion Agency (Director Kim Yeon-min, hereinafter referred to as the Promotion Agency).

This agreement was prepared to establish an organic cooperation system between the two organizations to support the enhancement of technology transaction and technology protection capabilities of small and medium-sized enterprises (SMEs) in the Ulsan region possessing excellent technology and to strengthen the win-win cooperation system.

Through the agreement, the two organizations agreed to ▲ share support information between institutions related to SME technology transactions, technology protection, and technology value evaluation ▲ discover and match excellent technologies to activate technology transactions, technology protection, and technology value evaluation ▲ provide marketing and promotional support for technology transactions, technology protection, and technology value evaluation ▲ discuss practical cooperation plans for mutual collaboration.

They also plan to actively market support for enhancing the technological innovation competitiveness of local SMEs and will continue to firmly establish a mutual cooperation system to activate technology transactions and technology protection in the future.

Separately from this agreement, the "Ulsan Nam-gu SME Technology Data Deposit Support Project" is also underway, where SMEs located in Nam-gu, Ulsan, can apply for support for deposit costs from the Promotion Agency after depositing technology data with Kibo, and the Promotion Agency provides support for the deposit costs.

Kim Jong-ho, Chairman of Kibo, said, "This agreement is expected to be a good opportunity to expand technology transactions and technology protection for SMEs, which Kibo is focusing on, through collaboration with the Promotion Agency," and added, "Kibo will continue to strive to promote open innovation of technology for SMEs and contribute to the economic development of the Ulsan region."

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