Kibo Signs Business Agreement with Korea Environmental Industry & Technology Institute

The Korea Technology Finance Corporation (Korea Technology Finance Corporation, Chairman Kim Jong-ho, hereinafter referred to as “KIBO”) announced on Monday the 15th that it signed a “Business Agreement to Support the Transfer and Commercialization of Excellent Environmental Technologies to Small and Medium-sized Enterprises” with the Korea Environmental Industry & Technology Institute (KEITI, Acting President Kim Young-ki, hereinafter referred to as “KEITI”) at KIBO’s Seoul branch.

This agreement was established to establish a cooperative foundation so that environmental research and development (R&D) results can be effectively transferred and commercialized to small and medium-sized enterprises by linking KIBO's technology transaction platform, 'Smart Tech Bridge', with KEITI's environmental industry promotion project operation capabilities.

According to the agreement, the two organizations plan to cooperate in various areas, including ▲supporting the transfer and commercialization of environmental R&D results to small and medium-sized enterprises ▲establishing a technology transfer and commercialization information sharing system ▲utilizing an electronic contract system through the Smart Tech Bridge ▲supporting global environmental technology transfer for small and medium-sized enterprises ▲supporting technology protection for small and medium-sized enterprises and venture companies in the environmental field.

Furthermore, KIBO established a "Technology Know-How Center" within Smart Tech Bridge this year to provide customized brokerage services specializing not only in patented technologies but also in the know-how of public research institutes. Through this agreement, KIBO plans to strengthen its practical support by registering and brokering KEITI's latest environmental know-how and technologies. This will enable SMEs to secure immediately applicable technologies and promote commercialization.

Kibo CEO Lee Sang-chang said, “Through this agreement, the foundation has been established for excellent R&D results in the environmental field to be smoothly commercialized.” He added, “Going forward, Kibo will expand cooperation with related organizations to promote the commercialization of public research results centered on the Smart Tech Bridge, and strengthen support to ensure that technologies that meet the needs of small and medium-sized enterprises can be connected in a timely manner.”


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