The Korea Technology Finance Corporation (Korea Technology Finance Corporation, Chairman Kim Jong-ho, hereinafter referred to as “KIBO”) announced on Thursday the 4th that it signed a “Business Agreement for Fostering Gyeongnam Venture and Startups” with Gyeongsangnam-do (Governor Park Wan-soo, hereinafter referred to as “Gyeongnam-do”) and BNK Gyeongnam Bank (CEO Kim Tae-han, hereinafter referred to as “Gyeongnam Bank”) at the Lotte Hotel & Resort in Gimhae, Gyeongsangnam-do.
This agreement was promoted to establish a comprehensive support system for innovative startups in the Gyeongnam region, thereby revitalizing the startup ecosystem and establishing a virtuous cycle in the local economy.
According to the agreement, each organization plans to cooperate in various areas, including ▲developing and launching joint financial support products for ventures and startups, ▲discovering and fostering technology-based innovative companies, ▲supporting financial and non-financial linkages, ▲activating networking and information exchange, and ▲developing policies to improve the startup environment.
In particular, this agreement was signed at the '3rd Connecting with US' event hosted by Gyeongnam Province and Gyeongnam Bank, with local related organizations and startups in attendance. It is significant in that it establishes a foundation for cooperation between the three organizations to revitalize the Gyeongnam startup ecosystem.
Through this agreement, each organization plans to further strengthen its cooperative system to establish a foundation for sustainable growth for small and medium-sized venture companies, enhance the competitiveness of key regional industries, and improve financial accessibility.
Kim Jong-ho, CEO of Kibo, said, “This agreement will serve as an important foundation for strengthening the competitiveness of startups in the Gyeongnam region and revitalizing the startup ecosystem,” and added, “Kibo will continue to work closely with relevant organizations to actively support innovative ventures and startups so that they can establish themselves as key growth engines for the regional economy.”
- See more related articles
You must be logged in to post a comment.