Jungjingong Holds Matching Consultation for Overseas Branch Project... "Bridge to Global Expansion"

Offline Consultation for Participating SMEs and Overseas Local Implementing Agencies

The Small and Medium Business Corporation (Chairman Kim Hak-do, hereinafter referred to as SBC) announced on the 24th that it held a matching consultation meeting for small and medium enterprises and implementing agencies participating in the overseas branch office project.

The overseas branch office project supports overseas expansion by matching small and medium-sized enterprises and mid-sized companies in the pre-establishment stage of overseas branches with implementing agencies called 'overseas private networks' that act as local branches. To improve the matching success rate and project performance, matching consultation meetings and workshops are held annually.

Small and Medium Business Corporation

This matching consultation meeting, held offline for the first time in four years since 2019, was attended by about 140 people, including 45 overseas private networks from 16 countries and more than 60 participating companies. Through this event, participating companies had the opportunity to directly meet with private partners suitable for the projects to be conducted over the next year and discuss future overseas expansion plans. The overseas private networks shared information related to the local business environment and specialized fields with the participating companies. Success stories of market entry into the United States, China, and Vietnam through the overseas branch office project were also introduced.

Since its inception in 2001, the overseas branch office project has supported a total of 6,319 cases until 2021, achieving results such as $8.014 billion in exports, 393 local corporation establishments, and $72 million in investment attraction.

Kim Hak-do, Chairman of SBC, said, "To wisely overcome the global complex crisis, it is very important to closely collaborate with private specialized partners and establish business strategies tailored to overseas markets," adding, "We will actively support promising domestic small and medium ventures to succeed in overseas expansion by utilizing overseas private networks that are well-versed in local market information."

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