Kakao Collaborates with KOCCA to Promote 'Content IP Guarantee System'

Kakao announced on the 17th that it has signed a business agreement with the Korea Creative Content Agency (KOCCA) for the mutual growth of the content intellectual property (IP) industry.

Both parties will join forces to activate the "Content IP Guarantee System," a program that discovers excellent small and medium-sized enterprises (SMEs) engaged in content IP business and provides financial support.

Kakao recommends SMEs that wish to utilize content IP such as emoticon characters, and KOCCA selects content IP and IP utilization projects eligible for guarantee support through content evaluation. Selected companies will receive financial support benefits such as loan guarantees and interest rate reductions to help them operate their businesses stably.

Kakao announced on the 17th that it has signed a business agreement with the Korea Creative Content Agency for the joint growth of the content intellectual property (IP) industry.
[Photo by Kakao]

They will also carry out the "2023 IP Licensing Build-up Project" to strengthen the business capabilities of content IP companies. Various nurturing programs such as distribution and marketing support will be provided to companies selected with excellent emoticon IPs. This will offer opportunities for business expansion, including commercialization, development of domestic and international online and offline sales channels, and overseas trademark applications.

Cho Hyun-rae, President of the Korea Creative Content Agency, stated, "Creating an ecosystem that supports production, distribution, and commercialization is crucial for pioneering and nurturing K-content sales channels. Through this business agreement, we will actively support the discovery of outstanding content that can captivate the world."

Yang Ho-cheol, Co-CEO of Kakao Commerce CIC, said, "We hope to play an important stepping stone role in the growth of domestic emoticon creators and the development of K-characters. As a company that has built the content IP ecosystem including KakaoTalk emoticons and Kakao Friends, we will strive even harder for the advancement of the IP industry."

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