Supporting InnoBiz Companies' Entry and Growth in the Defense Industry Sector
InnoBiz Association and Defense Small Venture Business Association Sign Business Agreement
The Inno-Biz Association (Small and Medium Business Technology Innovation Association) announced on the 31st that it signed a business agreement with the Defense Venture Association (DVA) at the association meeting room in Pangyo, Seongnam-si, Gyeonggi Province, to support the entry and growth of Inno-Biz companies in the defense sector.
![The Inno-Biz Association and the Defense Small and Medium Venture Business Association are signing a business agreement and taking a commemorative photo. Third from the left in the photo is Jeong Gwangcheon, President of the Inno-Biz Association, and fourth is Won Junhee, President of the Defense Small and Medium Venture Business Association. <br>[Photo by Inno-Biz Association]](http://www.asiae.co.kr/news/img_view.htm?img=2024073108294870298_1722382189.jpg)
The Inno-Biz Association and the Defense Small and Medium Venture Business Association are signing a business agreement and taking a commemorative photo. Third from the left in the photo is Jeong Gwangcheon, President of the Inno-Biz Association, and fourth is Won Junhee, President of the Defense Small and Medium Venture Business Association.
[Photo by Inno-Biz Association]
This business agreement was made to jointly promote technological advancement and export competitiveness in the defense sector, centered on Inno-Biz companies with excellent technological capabilities. The signing ceremony was attended by Jeong Gwang-cheon, president of the Inno-Biz Association, and Won Jun-hee, president of DVA, among others.
The agreement includes ▲support for defense standard certification and market expansion for Inno-Biz companies ▲support for establishing production, quality, and security systems and certification in the defense sector ▲standardization and certification support for domestically produced defense components ▲discovery of promising investment companies and activation of investment matching ▲cooperation in research on defense system development and operation of exchange meetings.
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Jeong Gwang-cheon, president of the Inno-Biz Association, stated, "K-Defense is gaining more attention recently, with large-scale exports to Poland and Romania underway," adding, "Through cooperation between the two organizations, we will actively work to ensure that the innovative technologies possessed by Inno-Biz companies can secure competitiveness in the global defense market."
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