The Next Generation Convergence Technology Research Institute (Director Kim Yeon-sang, hereinafter referred to as the Fusion Technology Research Institute), a joint corporation of Gyeonggi Province and Seoul National University, announced on September 23 that it signed a business agreement with the Hwaseong Industrial Promotion Agency to promote support for small and medium-sized enterprises based on the AI industry.
This agreement was promoted to establish a close and strategic cooperative system between the two organizations to promote the introduction and utilization of AI technology by small and medium-sized enterprises in the Gyeonggi region and enhance industrial competitiveness. The agreement signing ceremony was held in the conference room of the Korea Federation of Small and Medium Businesses, with the attendance of President Kim Yeon-sang of the Korea Federation of Small and Medium Businesses and President Jeon Byeong-seon of the Promotion Agency, as well as key officials from both organizations.
Through this business agreement, the two organizations promised to take the lead in fulfilling the social responsibilities of public institutions, such as eliminating gaps and solving social problems, by cooperating on ▲consulting on the application of convergence technologies to small and medium-sized enterprises ▲support for technology verification ▲efforts to explore technology commercialization ▲performance of joint research projects for small and medium-sized enterprises.
Meanwhile, this year, the Gyeonggi Provincial Government is promoting the 'AI High-Performance Computing Support Project' to provide computing resources such as GPUs to AI companies in the province, and the 'Gyeonggi AI+X Academy Project' to support AI adoption and digital transformation, while the Hwaseong Industrial Promotion Agency plans to carry out the 'Gyeonggi AI Challenge Program' to solve social problems by utilizing AI technology, following the first local government AI EXPO 'MARS 2025'.
Accordingly, this agreement is even more meaningful because both organizations share the commonality of actively pursuing various AI projects and contributing to the creation of an AI industry ecosystem and enhancing the competitiveness of local companies. With this agreement as an opportunity, the two organizations plan to spur innovation in the industrial ecosystem centered on the AI industry in the Gyeonggi-Hwaseong region and lay the foundation for sustainable growth for small and medium-sized enterprises.
Jeon Byeong-seon, the president of the Promotion Agency, expressed his expectations, saying, “This agreement goes beyond simple support for small and medium-sized enterprises and will serve as the starting point for a new regional innovation model that responds to the demands of the times, such as the AI-based industrial transformation.”
Kim Yeon-sang, the president of the Gyeonggi Research Institute, said, “We will do our best to help local companies achieve technological independence and enhance their AI capabilities by utilizing the AI technology capabilities and research infrastructure that the Institute possesses,” and added, “We will do our best to bring about innovation across the entire AI industry ecosystem in the Gyeonggi region through this agreement.”
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