Kibo Signs Business Agreement with Hyupsung University to Support Excellent Technology Companies

Providing Information on Technology Transfer and Brokerage Services

The Korea Technology Finance Corporation announced on the 25th that it has signed a "Business Agreement for the Promotion of Technology Transfer, Commercialization, and the Fostering of Startups and Venture Companies" with the Industry-Academic Cooperation Foundation of Hyupsung University.

Jo Young-gil, Head of the Gyeonggi Regional Headquarters of Kibo (right), and Park Nam-su, Director of Industry-Academic Cooperation at Hyupsung University, are taking a commemorative photo after signing a business agreement. Photo by Kibo

The signing ceremony took place on the 24th at Hyupsung University in Hwaseong, Gyeonggi Province. The goal of the agreement is for both organizations to establish a mutually organic cooperative system and to promote technology brokerage services and development projects to support excellent technology companies within the region.

Hyupsung University will provide the necessary information to the Korea Technology Finance Corporation to ensure efficient technology transfer of its owned technologies. The Korea Technology Finance Corporation plans to undertake ▲ discovering and recommending companies with excellent technological capabilities ▲ providing information necessary for technology transfer and brokerage services ▲ supporting commercialization promotion through the transfer of outstanding technologies ▲ providing technology finance support to technology transfer companies. Through this, both organizations aim to increase the success rate of technology transfers and support the innovative growth of small and venture companies.

Jo Young-gil, head of the Gyeonggi regional headquarters of the Korea Technology Finance Corporation, said, "This agreement is significant as it establishes an industry-academic cooperation plan to activate startups of excellent technology companies in Gyeonggi Province and promote open innovation." He added, "The Korea Technology Finance Corporation will continue to expand industry-academia-research cooperation to create synergy in supporting technology transactions and actively contribute to strengthening the competitiveness of small and venture companies as well as revitalizing the regional economy."

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