Korea Federation of SMEs Signs Policy Development Agreement with Korea Small Business Institute
Cooperation in Data Integration and Policy Development Research
The Korea Federation of SMEs announced on May 21 that it has signed a 'Data-Driven Policy Development Agreement for SMEs and Small Business Owners' with the Korea Small Business Institute.
The signing ceremony took place at the Korea Federation of SMEs building in Yeongdeungpo-gu, Seoul, with Chairman Kim Ki-moon of the Korea Federation of SMEs, President Cho Juhyun of the Korea Small Business Institute, and 10 key officials in attendance.
Through this agreement, the Korea Federation of SMEs, a private economic organization for SMEs and small business owners, and the Korea Small Business Institute, a national research institute, have agreed to establish a comprehensive partnership ranging from data integration to policy development research.
The two organizations plan to promote various cooperative projects for SMEs and small business owners, including: ▲ establishing a collaborative system for data integration, ▲ conducting policy research utilizing both organizations' data platforms, ▲ supporting the construction of a data platform for the Federation, ▲ providing digital and data education, and ▲ jointly operating forums.
Chairman Kim stated, "In an era of increasing political and economic uncertainty, meticulous and objective policies based on data are the key solution to ensuring the sustainability of SMEs," adding, "As this is the first MOU formally signed between the two organizations after years of close cooperation, we will do our utmost to develop even one more effective policy for SMEs by joining forces."
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President Cho remarked, "At a time when policy responses to enhance the productivity of SMEs and revitalize the service industry are more urgent than ever, it is highly meaningful that the two organizations will jointly pursue research in various fields, from building a data-driven collaborative system and policy development to performance analysis and improving digital literacy," and added, "We hope that, going forward, effective policies and support programs based on field-oriented data will continue to be systematically established."
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