TIPA·KCL Collaborate to Strengthen Technology Competitiveness and Respond to Technical Regulations for SMEs and Ventures

[Asia Economy Reporter Kim Jong-hwa] The Small and Medium Business Technology Information Promotion Agency (TIPA) and the Korea Conformity Laboratories (KCL) signed a business agreement on the 2nd to strengthen the technological competitiveness of small and medium venture businesses and respond to technical regulations.

So far, small and medium venture businesses have faced many difficulties in commercializing R&D outcomes and entering the market due to a lack of information on technical regulations and certifications during the process of securing sales channels for developed products.

According to this agreement, the two organizations will jointly plan new SME R&D support projects that can resolve technical regulations and certifications that may act as obstacles when small and medium venture businesses develop and commercialize products. They will also establish a close cooperation system to discover various programs for overseas expansion and commercialization of small and medium venture businesses through sharing diverse information related to certification regulations.

The cooperation between the two organizations is expected to contribute to minimizing side effects such as product delays and market entry delays caused by technical regulations for small and medium venture businesses in the future.

Lee Jae-hong, Director of TIPA, said, "I expect that cooperation between TIPA and KCL will provide opportunities to discover various new projects responding to technical regulations and overseas certifications," adding, "We will continue to prepare support measures so that small and medium venture businesses can overcome difficulties in regulations and certifications and open new markets."

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