Korea Startup Promotion Agency Signs Business Agreement with Korea Transportation Safety Authority to Foster Mobility Startups

The Korea Startup Promotion Agency announced on December 9 that it has signed a business agreement with the Korea Transportation Safety Authority to foster startup companies in the mobility sector and revitalize the regional win-win cooperation ecosystem.

The Korea Startup Promotion Agency is taking a commemorative photo after signing a business agreement with the Korea Transportation Safety Authority to foster startup companies in the mobility sector and revitalize the regional win-win cooperation ecosystem. Korea Startup Promotion Agency

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This agreement was established so that both organizations can discover and nurture innovative startups in the mobility technology sector and build a sustainable growth ecosystem for small and medium-sized enterprises.

In particular, through the newly launched "Mobility Artificial Intelligence (AI) Frontier Incubation Support Project," the agencies plan to support mobility technology startups with AI transformation (introduction of AI solutions) and technology proof-of-concept (PoC), among other initiatives.

The Korea Transportation Safety Authority will participate in the co-prosperity projects led by the Korea Startup Promotion Agency, while the Korea Startup Promotion Agency will receive know-how on sustainable management disclosures from the Korea Transportation Safety Authority.

Yu Jongpil, President of the Korea Startup Promotion Agency, said, "Through this collaboration, mobility technology startups will have the opportunity to leap forward with the professional infrastructure and technical support of the Korea Transportation Safety Authority," adding, "Going forward, both organizations will work together to grow as leading public institutions in startup support and win-win cooperation."

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