Kibo, Discovering Outstanding Companies in the Electronic Publishing Industry

Signing of Business Agreement with Korea Electronic Publishing Association

The Korea Technology Finance Corporation (Chairman Kim Jong-ho, hereinafter referred to as Kibo) announced on the 21st that it has signed a comprehensive business agreement for a win-win partnership with the Korea Electronic Publishing Association (Chairman Kim Hwan-chul, hereinafter referred to as the Association) to strengthen national knowledge competitiveness and support the innovative growth of the electronic publishing industry.

This agreement was prepared to support excellent companies in the related industry to develop global competitiveness by bringing together the two organizations in response to the recent significant activation of the electronic publishing market, such as webtoons and web novels, due to advancements in media technology.

According to the agreement, the Association will discover excellent companies related to electronic publishing and recommend them to Kibo, and Kibo plans to support the companies recommended by the Association with ▲financial support and direct investment ▲non-financial evaluations such as venture and Inno-Biz certifications ▲content intellectual property protection ▲customized services such as technology trust.

In September 2009, Kibo introduced the 'Cultural Industry Completion Guarantee System' to focus on fostering the cultural industry by evaluating intangible technologies and projects and supporting content production. In particular, it includes the electronic publishing industry as a major support genre of the cultural industry completion guarantee and is strengthening support in various fields such as platform publishing, which has recently shown growth.

Director Lee Jae-pil of Kibo said, "Through this agreement, Kibo will actively support excellent companies related to electronic publishing to take a step forward and acquire global competitiveness," adding, "We will continue to specialize the evaluation model in a customized way and respond closely to the changing industrial environment to promote business activation and innovative growth related to electronic publishing."

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