MainBiz Association Participates in '2022 Korea Electronics Show' to Support Smart Infrastructure for SMEs

On-site at the Korea Electronics Show promotional booth.

[Asia Economy Reporter Donghyun Choi] The Korea Management Innovation Small and Medium Business Association will participate in the ‘2022 Korea Electronics Show (KES)’ held at COEX, Seoul from the 4th to the 7th, promoting the SME Smart Service Support Project and the open innovation network (i-CON), and recruiting participating companies.

The Korea Electronics Show, Korea’s representative ICT exhibition held since 1969, is hosted by the Ministry of Trade, Industry and Energy. This year, about 500 leading domestic and international electronics and IT companies are participating.

The SME Smart Service Support Project utilizes advanced ICT solutions such as big data and artificial intelligence to support SMEs in improving service productivity, increasing high value-added services, and creating new business models. The MainBiz Association has been the operating agency for this project for three years since 2020. Participating SMEs receive support for new solution implementation (up to 50%, maximum 60 million KRW) and advancement (up to 50%, maximum 100 million KRW) costs.

Through this Korea Electronics Show, the MainBiz Association plans not only to promote the 2023 Smart Service Support Project but also to recruit pre-participating companies and provide consultations on project applications and implementation support. Additionally, by recruiting participants for the open innovation network, it aims to expand the expert network related to smart services, spread awareness of smart services, and promote the digitalization of SMEs.

Seok Yongchan, president of the MainBiz Association, stated, "Digital transformation in the industrial field is progressing rapidly, and the importance of innovative growth through this is increasing," adding, "The association will provide more opportunities for innovative growth through the SME Smart Service Support Project and the open innovation network project that it is conducting to spread digital transformation among SMEs."

Meanwhile, the MainBiz Association supported the participation of Brain Ventures, a member company of the association and a smart service provider, at this exhibition. Brain Ventures is a venture company specializing in artificial intelligence natural language processing and received the Minister of Science and ICT Award in 2021 through the Smart Service Support Project. This year, it was selected as a company for the startup growth research and development (R&D) project recommended by the Smart Service Open Innovation Network project.

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