The Korea Technology Finance Corporation (Korea Technology Finance Corporation, Chairman Kim Jong-ho, hereinafter referred to as “KIBO”) announced on Wednesday the 19th that it signed a “Business Agreement for Promotion of Technology Transfer and Commercialization and Fostering of Startups and Venture Companies” with the Hanshin University Industry-Academic Cooperation Group (Director Hong Seon-mi) at Hanshin University (hereinafter referred to as “Hanshin University”) located in Osan-si, Gyeonggi-do.
This agreement was promoted to foster a technology transfer ecosystem based on industry-academia cooperation by linking the specialized capabilities of both organizations, and to systematically support the commercialization of excellent technologies within the region, thereby revitalizing technology startups and strengthening the foundation for small and medium-sized enterprise growth.
According to the agreement, Hanshin University's Industry-Academic Cooperation Foundation will provide relevant information for the efficient transfer of its technology, and Kibo will provide practical financial and non-financial support, including ▲discovering and recommending technology transfer needs ▲performing technology transfer and brokerage work ▲utilizing the Smart Tech Bridge electronic contract system ▲providing guarantees, investments, and consulting for technology transfer companies.
Since establishing a dedicated technology transfer organization in 2014, KIBO has supported approximately 9,800 technology transfers as of last year, supporting the commercialization of technology for approximately 5,800 small and medium-sized venture companies. Furthermore, through its open technology transfer platform, "Smart Tech Bridge," KIBO continues to expand the transfer of outstanding technologies held by universities and research institutes.
Oh Eun-sik, head of the Gyeonggi Regional Headquarters of KIBO, said, “This agreement is significant in that it establishes a plan for industry-academia cooperation to commercialize excellent industry-academia technologies and revitalize technology startups in Gyeonggi Province.” He added, “KIBO will continue to expand cooperation with universities and research institutes to increase synergy in supporting technology transactions, and actively contribute to strengthening the competitiveness of small and medium-sized enterprises and venture companies and revitalizing the local economy.”
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