Gyeonggawon Signs MOU with 'Global Innovation Center Europe' to Support SME Overseas Expansion

Kang Sung-cheon, President of Gyeonggi-do Economic Science Promotion Agency (left), is taking a commemorative photo with Hwang Jong-woon, Director of KIC Europe Center, after signing a Memorandum of Understanding (MOU) on "Exchange and Cooperation for Overseas Expansion of Promising Digital Companies in Gyeonggi-do" with KIC Europe at the Gyeonggi-do Economic Science Promotion Agency meeting room on the 22nd.

The Gyeonggi-do Economic Science Promotion Agency signed a Memorandum of Understanding (MOU) on the 22nd with the 'Global Innovation Center (KIC) Europe' at the Gyeonggi-do Economic Science Promotion Agency conference room in Gwanggyo Technovalley, Yeongtong, Suwon, regarding "Cooperation for Overseas Expansion of Promising Digital Companies in Gyeonggi-do."

KIC is an institution that supports overseas market entry through full-cycle support such as networking, mentoring, incubating, and investment attraction for startups and small and medium-sized enterprises (SMEs) based on science, technology, and ICT.

According to the agreement, the two organizations will collaborate in various areas including ▲joint discovery of promising digital companies in the province ▲joint operation of support programs for global technology commercialization of SMEs ▲providing information on EU market trends and technology commercialization.

Additionally, as part of the 'Gyeonggi-do Digital Transformation (DX) Technology Globalization Support' project, the two institutions will jointly support showcasing the excellent technologies of promising digital companies in the province at Viva Technology in France, scheduled for June, and help them successfully enter the EU market.

Kang Seong-cheon, President of the Gyeonggi-do Economic Science Promotion Agency, stated, "Through this agreement, we hope to expand the global market entry of excellent technologies in the province and create an opportunity to strengthen alliances with European countries, where experience has been lacking compared to the US and China."

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