Korea SMEs and Startups Agency and KB Financial Review Industrial Safety Support Project for SMEs

Supporting the Establishment of Safety Facilities and Systems for 950 Companies

The Korea SMEs and Startups Agency announced on the 13th that it has reviewed the current status of the “Support Project for Establishing Industrial Safety for SMEs,” which is being promoted in partnership with KB Financial Group.

According to the Ministry of Employment and Labor, last year, the construction industry accounted for the highest proportion of fatal industrial accidents in Korea, at 47.3%, and by type of accident, falls accounted for 51.2%.

To prevent industrial accidents, the Korea SMEs and Startups Agency and KB Financial Group have selected 50 supplier companies in three sectors: ▲supply of safety equipment, ▲on-site safety improvement, and ▲safety education and consulting. They are supporting about 950 demand companies by linking them to these suppliers and subsidizing the costs of establishing safety facilities and systems.

In the safety equipment supply sector, Safeware, which holds New Excellent Technology (NET) and New Excellent Product (NEP) certifications, is supplying smart protective equipment to construction sites. This equipment automatically inflates an airbag before the worker hits the ground in the event of a fall. The company plans to expand supply to semiconductor plants and construction sites of large corporate partners in the second half of the year.

In the on-site safety improvement sector, Linsol’s "Smart Integrated Safety Platform" has been introduced to the manufacturing site of Hiel. The platform collects and analyzes, in real time, data such as worker locations, whether safety equipment is worn, and emergency situations, supporting the prevention of industrial accidents such as entrapment, crush injuries, fires, and explosions.

In the safety education and consulting sector, Korea Knowledge Bridge is providing customized online safety training for foreign workers, conducted by instructors who speak their native language. Unlike previous subtitle or dubbing methods, this approach has improved comprehension. LA Tech, a Hyundai Motor partner company, is also participating in the program, utilizing it to raise safety awareness among foreign workers and spread a safety culture among all employees.

Sukjin Kang, Chairman of the Korea SMEs and Startups Agency, stated, “A safe workplace is the most important value that protects both workers’ lives and the future of companies,” adding, “We will continue to reflect the voices of SMEs in the field, devise practical support measures for accident prevention, and take the lead in creating a workplace free from accidents.”

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