Record "Leading This Year in Fostering Technology and Innovation Companies, Driving Economic Vitality Recovery"

Supporting Innovative Growth of Small and Medium Venture Enterprises

The Korea Technology Finance Corporation (Chairman Kim Jong-ho) held its 2024 opening ceremony at its Busan headquarters on the 2nd and announced that it will faithfully fulfill its role as a key policy financial institution leading the fostering of technology and innovation companies and the recovery of economic vitality this year as well.

Last year, Kibo expanded new guarantees by 2.2 trillion KRW compared to the previous year to a scale of 6.4 trillion KRW and promoted the Global Unicorn Project. By expanding support for securitization company guarantees, guarantee-linked investments, and accounts receivable factoring, it supported the scale-up of innovative companies. In addition, it established Smart Tech Bridge, an open technology trading platform, and supported open technology innovation for small and medium venture businesses.

This year, Kibo presented key projects including ▲ spreading an innovation company fostering system based on technology evaluation, strategic fostering of future advanced new growth sectors, and support for various innovation growth programs for venture startups as a faithful policy financial institution ▲ developing differentiated and distinctive global support models for export SMEs and global expansion companies ▲ strengthening digital and data-centered customer services.

In his New Year's address, Chairman Kim Jong-ho urged the importance of ▲ innovation execution through communication ▲ making Kibo more transparent and at a higher level ▲ high-quality services that impress customers and cooperation, with the mindset of public institution employees meeting the public’s expectations. Chairman Kim said, "In the New Year, I hope all employees think of themselves as top experts in their respective fields and achieve enjoyable and meaningful changes and innovations," adding, "I sincerely wish that this year, the Year of the Blue Dragon, will be a meaningful and rewarding year for both Kibo and small and medium venture entrepreneurs."

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