Korea Technology Finance Corporation Partners with Jeju Free International City Development Center to Revitalize Local Economy

Korea Technology Finance Corporation Provides
Tailored Support Programs for Outstanding SMEs
Recommended by JDC

On May 2, the Korea Technology Finance Corporation announced that it had signed a business agreement with the Jeju Free International City Development Center to strengthen the competitiveness of small and medium-sized enterprises (SMEs) in the Jeju Advanced Science and Technology Complex.

This agreement was established to support the growth of outstanding technology companies in the Jeju region by building an organic cooperation system between the two organizations. It also aims to secure a foundation for the growth of technology-based SMEs and contribute to revitalizing the local economy.

Jaepil Lee, Director of the Korea Technology Finance Corporation (right), and Byungwook Koo, Director of JDC, are taking a commemorative photo after signing a business agreement. Korea Technology Finance Corporation

Under the agreement, JDC will recommend outstanding SMEs to the Korea Technology Finance Corporation. In turn, the Korea Technology Finance Corporation will support these companies with tailored programs, including preferential guarantee ratios and reduced guarantee fees, investment linkage, technology transfer, and technology protection, to help foster the innovative growth of excellent technology companies.

The two organizations also agreed to expand information exchange on outstanding technology companies in the advanced science sector and to strengthen practical cooperation by planning and developing joint programs.

Jaepil Lee, Director of the Korea Technology Finance Corporation, stated, "The Korea Technology Finance Corporation will continue to implement effective support policies through networking with local related organizations and will actively contribute to the development of the startup ecosystem and the revitalization of the local economy."

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