Record: "We Will Reborn as a Comprehensive Support Organization for SMEs with Innovative Capabilities"

33rd Anniversary Celebration Event Held

[Asia Economy Reporter Kim Cheol-hyun] The Korea Technology Finance Corporation (Kibo) announced on the 1st that it held its 33rd anniversary celebration at its headquarters in Busan, attended by Chairman Kim Jong-ho and other executives and staff.

In his anniversary speech, Chairman Kim urged, "In the face of various challenges we encounter such as inflation, soaring raw material prices, digital transformation, and ESG, let Kibo prepare for the future with unwavering principles and mindset."

He also emphasized that to achieve this, Kibo must become an institution trusted by the public through fair customer-centered operations, an innovative organization based on high competence and expertise, and a government policy execution agency practicing the values of communication and cooperation, focusing on three core values: fairness and integrity, creativity and innovation, and inclusion and collaboration.

Kibo was established on April 1, 1989, under the banner of fostering and supporting technology-based small and medium enterprises to contribute to the national economy. Since starting technology evaluation guarantee services in 1997, it has developed and advanced its technology evaluation system, supplying approximately 25 trillion KRW in technology guarantees annually and discovering around 20,000 innovative companies, leading the technology finance market.

Furthermore, to support the innovative growth of small and medium venture businesses, Kibo has expanded its scope through technology protection and technology transactions, established systems to prevent technology theft, and taken the lead in creating an open technology innovation ecosystem. It is also accelerating various new business initiatives such as green finance and accounts receivable factoring.

Chairman Kim stated, "Let us establish ourselves as a public institution trusted by the people, the best comprehensive support organization for small and medium venture enterprises, and a proud fund."