Identify promising startups and connect them with guarantees, investment, and other support

Korea Technology Finance Corporation (KIBO) said on the 28th that it had signed an agreement with the Sejong Center for Creative Economy and Innovation on the 27th at the center in Sejong City to foster a growth ecosystem for innovative startups in Sejong and link them with financial support.


The agreement aims to identify promising technology startups in the Sejong region and draw on the expertise and support programs of both organizations to help startups commercialize their technologies and grow.

Key officials pose for a commemorative photo at a signing ceremony for an MOU to foster a growth ecosystem for innovative startups in Sejong and link them with financial support, held on the 27th at the Sejong Center for Creative Economy and Innovation. Korea Technology Finance Corporation (KIBO)

Key officials pose for a commemorative photo at a signing ceremony for an MOU to foster a growth ecosystem for innovative startups in Sejong and link them with financial support, held on the 27th at the Sejong Center for Creative Economy and Innovation. Korea Technology Finance Corporation (KIBO)

View original image

The Sejong Center for Creative Economy and Innovation will identify promising startups with strong growth potential and recommend them to KIBO, while linking them with corporate support programs, including technology commercialization and demonstration support. KIBO plans to provide recommended companies with both financial and non-financial support, including guarantees for innovative startups and investment recommendations and promotion.



Park Kyungsoon, head of KIBO's Chungcheong Regional Headquarters, said, "Sejong is a region cultivating new growth engines centered on future strategic industries." He added, "KIBO will continue to work closely with the Sejong Center for Creative Economy and Innovation to actively support technology commercialization and market entry for innovative startups, and will strive to create new growth engines for the region."


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

© The Asia Business Daily. All rights reserved. Unauthorized AI training and use prohibited.

Today’s Briefing