Kibo, Joint Utilization of Technology Evaluation Infrastructure with 5 Related Organizations

Technology Evaluation Seminar Held
Support for Innovation in Small and Medium Enterprises

The Korea Technology Finance Corporation (Chairman Kim Jong-ho, hereinafter referred to as Kibo) announced on the 1st that it held a technology evaluation seminar and signed a "Business Agreement for Joint Use of Technology Evaluation Infrastructure to Support Innovation in Small and Medium Enterprises" with five related organizations.

The technology evaluation seminar was conducted in the form of presentations and panel discussions under the theme of "Sharing Technology Evaluation and Policy Mix to Support Technological Innovation," and a separate business agreement ceremony was held during the seminar.

(From left) Ha Sung-tae, Head of the Korea Invention Promotion Association, Lim Byung-hoon, President of the Korea Association of Small and Medium Business Technology Innovation, Kim Jong-ho, Chairman of the Technology Guarantee Fund, Kang Byung-sam, Chairman of the Research and Development Special Zone Promotion Foundation, Kang Yong-gu, CEO of NICE D&B, and Han Jong-seok, Head of the Korea Institute for Advancement of Technology, are posing for a commemorative photo after signing the agreement.

This agreement was prepared to strengthen support for technological innovation in small and medium enterprises through mutual cooperation among six organizations, including Kibo, the Research and Development Special Zone Promotion Foundation, the Korea Small and Medium Business Technology Innovation Association (Inno-Biz Association), the Korea Invention Promotion Association, the Korea Institute for Advancement of Technology Planning and Evaluation, and NICE D&B.

According to the agreement, the six organizations plan to contribute to creating an ecosystem for technological innovation in small and medium enterprises through ▲ discovering and supporting innovative growth SMEs using technology evaluation infrastructure ▲ opening and jointly utilizing technology evaluation infrastructure ▲ sharing information and mutual cooperation to revitalize technology evaluation.

Kibo will open the FAST rating model and the Innovation Growth Capability Evaluation Model within the open technology evaluation platform to the partner organizations, and the partner organizations will freely pre-calculate the evaluation ratings and Innovation Growth Capability Index (Tech-Index) of target companies using the platform to utilize them for technology finance support.

The FAST rating model is an AI-based evaluation model optimized for early-stage startups and rapid guarantee support evaluation, and the Innovation Growth Capability Index is an index developed by Kibo to diagnose the technological innovation capabilities of SMEs from the perspective of future growth potential.

Kim Jong-ho, Chairman of Kibo, said, "Through this business agreement, Kibo will open the technology evaluation infrastructure to partner organizations and cooperate mutually to become a model case of public-private cooperation that enables effective technological innovation support for SMEs and faster and more convenient technology finance support." He added, "We will continue to expand collaborative business models with related organizations to actively respond to government policies aimed at securing future growth engines for SMEs."

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