Jungjingong and FITI to Ease Overseas Testing and Certification Burden for SMEs
Business Agreement Signed to Promote Global Expansion of SMEs and Startups
Customized support for overseas testing and certification to lower entry barriers
Jungjingong and FITI to strengthen export competitiveness through practical cooperation
On May 12, the Korea SMEs and Startups Agency (Jungjingong) announced that it has signed a business agreement with FITI Testing and Research Institute to promote the overseas expansion of small and medium-sized enterprises (SMEs) and startups, and will provide customized support for obtaining overseas testing and certification.
Recently, as more SMEs and startups prepare to enter global markets, the demand for overseas testing and certification has surged. In particular, for companies at the initial stage of exporting, the certification procedures and associated costs have become significant obstacles to developing overseas sales channels.
In response, Jungjingong and FITI have established practical cooperation measures to strengthen the export capabilities of SMEs and startups and lower entry barriers to overseas markets, leveraging each institution's expertise and domestic and international infrastructure.
Specifically, the support includes: ▲ providing consulting and testing/inspection services for overseas certification; ▲ offering discounts on service fees when acting as an overseas certification agent; ▲ creating online promotional pages (GoBizKorea); and ▲ jointly developing and implementing support programs for overseas expansion.
The two organizations plan to accelerate the global expansion of SMEs and startups by providing tailored solutions to companies struggling with overseas testing and certification and by alleviating the initial cost burden.
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Kang Seokjin, Chairman of Jungjingong, stated, "We will spare no professional support to resolve certification challenges faced by companies and to enable Korean SMEs and startups to secure quality competitiveness in the global market," adding, "We will continue to expand the foundation for strategic collaboration in the field of overseas certification to further strengthen the export capabilities of SMEs and startups."
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