KOTEC Marks 37th Anniversary... "Aiming to Become a Leading Global Technology Finance Institution"

Chairman Kim Joungho Communicates with Staff via YouTube Live Broadcast

The Korea Technology Finance Corporation (KOTEC) marked its 37th anniversary on April 1, 2026, since its establishment on April 1, 1989. Despite crises such as the foreign exchange crisis, the global financial crisis, and the COVID-19 pandemic, KOTEC has supported the growth of small and medium-sized venture companies, establishing itself as a core policy-based financial institution.

Main building view of Korea Technology Finance Corporation. Korea Technology Finance Corporation

Kim Joungho, Chairman of KOTEC, stated in his anniversary address, "KOTEC has developed and stably implemented a variety of customized programs that reflect field demand, including R&D finance for research and development and business support, green finance, and M&A guarantees. I would like to thank all executives and employees who have contributed to KOTEC’s advancement through new challenges and continuous efforts."

Chairman Kim emphasized the need for KOTEC to take a leap forward as a leading technology finance institution with global competitiveness. He called for efforts to: ▲strengthen support for technological innovation among small and medium-sized venture companies, ▲secure future growth engines based on a global foundation, ▲build public trust based on fairness and integrity, and ▲establish a horizontal and flexible organizational culture, thereby laying the groundwork for sustainable growth.

On this day, instead of a separate anniversary ceremony, KOTEC will facilitate communication among its staff through a YouTube live broadcast featuring Chairman Kim Joungho. In addition, the corporation will reaffirm the meaning of coexistence with the community by supporting local independent bookstores and holding a book exhibition.

This year, KOTEC plans to provide a total guarantee amount of KRW 30.1 trillion, including KRW 5.4 trillion in new guarantees, to support technology-driven growth led by ventures and startups. It will also strengthen productive finance by supplying KRW 100 billion in SME factoring to help small and medium-sized enterprises secure early payment of sales proceeds, and by supporting KRW 50 billion in guarantee-linked investments for startups and regional companies.

Furthermore, KOTEC plans to enhance the technology protection system and loss estimation evaluation to prevent technology theft and provide relief to victims. It will also promote M&A for technological innovation and business succession, supporting the continued growth of the venture ecosystem.

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