Support for Market Access of Local SMEs' Products in Public Procurement

Listening to Difficulties and Suggestions for Entering Public Procurement Markets

The Jeonbuk Regional Small and Medium Venture Business Administration (Administrator Ahn Tae-yong, hereinafter Jeonbuk SMB Administration) and the Jeonbuk Regional Public Procurement Service (Administrator Jeong Gil-yong, hereinafter Jeonbuk Procurement Service) announced that on the 16th, they visited Safe Signal Co., Ltd. (CEO Moon Eun-mi, Cho Kyung-eok), a digital LED traffic signal manufacturer in the province, to listen to the company's management difficulties and suggestions for supporting small and medium enterprises' access to the public procurement market.


On the 16th, the Jeonbuk Small and Medium Business Administration and the Jeonbuk Procurement Office visited Safe Signal Co., Ltd., a digital LED traffic light manufacturer in the province, to listen to the company's management difficulties and suggestions. <br>[Photo by Jeonbuk Small and Medium Business Administration]

On the 16th, the Jeonbuk Small and Medium Business Administration and the Jeonbuk Procurement Office visited Safe Signal Co., Ltd., a digital LED traffic light manufacturer in the province, to listen to the company's management difficulties and suggestions.
[Photo by Jeonbuk Small and Medium Business Administration]

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The visited company, Safe Signal Co., Ltd., is an early-stage startup established in 2021. It is a women-led company producing traffic signals with LEDs embedded in horizontal mounting brackets that display signals similar to conventional three-color traffic lights, as well as integrated solar streetlights with poles. Compared to existing traffic signals, it has enhanced visibility by expanding the recognition range more than tenfold.


CEO Moon Eun-mi stated, "When carrying out support projects, companies bear the costs first and are reimbursed afterward, which is a burden for companies with poor financial capacity," adding, "For products evaluated for innovation, it is necessary to introduce additional points or recommendation systems to facilitate market entry."


Ahn Tae-yong, Administrator of Jeonbuk SMB Administration, and Jeong Gil-yong, Administrator of Jeonbuk Procurement Service, said, "We will actively accept matters that can be resolved internally and convey suggestions to related organizations."



Meanwhile, this visit is the third joint on-site policy visit by the two organizations. It was arranged to jointly improve management difficulties such as inconveniences and burdens felt on-site by expanding the entry and sales channels of small and medium enterprises in the province into the public procurement market.


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

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