AITRICS (CEO Gwangjun Kim) , a medical artificial intelligence (AI) company, announced on the 10th that it was finally selected as the 14th Innovation Icon company for the Korea Credit Guarantee Fund's representative scale-up program.
"Innovation Icon (ICON)" is a major scale-up program of the Korea Credit Guarantee Fund (KCGF), supporting startups with new technologies or innovative business models to grow into global unicorns. AITricks was selected as one of five finalists after a step-by-step evaluation process that included document screening, on-site inspection, and evaluation by a panel of expert judges.
With this selection, AITRIX will receive credit guarantee support of up to KRW 20 billion over three years, as well as ▲application of the minimum guarantee rate (0.5%) ▲additional guarantee fee support through partner banks ▲growth support services such as overseas expansion, consulting, and public relations.
AITRIX's key factors in this selection were its proven technological prowess and growth potential, including its proven experience in demonstrating medical AI technology that can be practically utilized in clinical settings, securing clinical evidence through collaboration with major domestic medical institutions, and its efforts to expand global partnerships.
With this selection, AITRIX has secured financial stability for the execution of its mid- to long-term growth strategy, and plans to steadily pursue technological advancement and domestic and international business expansion strategies based on this foundation.
“This selection as an innovation icon is an official recognition of AITRIX’s technological prowess and sustainability,” said Choi Chul-jin, AITRIX’s Chief Financial Officer (CFO). “Based on the secured financial and non-financial support, we will accelerate the development of AI technology that increases practical utility in clinical settings and expand global collaboration.”
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