Kibo Drives Innovation Growth in Textile Material Industry with Korea Textile Materials Research Institute

Signing of Business Agreement
Support for Excellent Companies in the Textile Material Industry

The Korea Technology Finance Corporation (Chairman Kim Jong-ho, hereinafter referred to as Kibo) announced on the 9th that it has signed a "Business Agreement to Support Innovation Activities of Small and Medium Enterprises and Activate Technology Transactions to Strengthen National Competitiveness in the Textile Sector" with the Korea Textile Materials Research Institute.

According to the agreement, both organizations plan to support technological innovation of small and medium venture companies in the textile materials industry through ▲ exchange and recommendation of national, local government, and research institute R&D project information ▲ linkage of technology finance and commercialization support for technology transfer companies ▲ establishment of a joint promotion system targeting linked and cooperative networks.

Kim Dae-cheol, Head of the Seoul Western Regional Headquarters of the Korea Technology Finance Corporation (left), and Moon Cheol-hwan, President of the Korea Textile Materials Research Institute, are posing for a commemorative photo after signing the agreement.

In particular, through this agreement, Kibo expects to enable comprehensive customized support, both financial and non-financial, by supporting the connection between small and medium enterprises in the textile materials industry, which are struggling due to the recent complex economic crisis, and specialized research institutions.

Kim Dae-cheol, Head of Kibo's Seoul Western Regional Headquarters, said, "Kibo will further expand cooperation with related organizations to provide various customized services to small and medium venture companies."

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