The Korea Technology Finance Corporation (hereinafter referred to as 'KIBO') announced that it held the '2025 KIBO Technology Transaction Festa in the First Half of the Year with Smart Tech Bridge' at the Le West Hall in COEX, Magok, Seoul on the 12th (Thursday) to support open technological innovation of small and medium-sized venture companies.
Kibo has been holding a technology transaction festival every six months since 2023 for small and medium-sized venture companies that hope to achieve open innovation through technology transfer. This event consists of a technology commercialization full cycle support program that includes consultations for global expansion and joint R&D matching, and M&A consultations for scale-up, in addition to the introduction of promising public technologies for commercialization and consultations for technology transfer and financial support.
The event was a great success, with approximately 200 people in attendance, including small and medium-sized enterprises interested in technology transfer and introduction of promising technologies, as well as officials from technology transaction-related organizations, and was held in two sessions: ▲technology transfer briefing session and ▲technology transfer and financial consultation session.
At the technology transfer briefing, 18 public research institutes including the Korea Institute of Industrial Technology, the Electronics and Telecommunications Research Institute, Sookmyung Women's University, and Yonsei University participated and presented a total of 100 promising technologies for commercialization. Small and medium-sized venture companies received customized information through 1:1 technology consultations on these technologies and financial support consultations from Kibo.
Last year, Kibo achieved visible global cooperation results, such as successfully matching joint R&D between Fraunhofer, a leading German research institute, and domestic small and medium-sized venture companies, and signing eight technology transfer MOUs with Vietnamese companies. At this event, various consultations were held for global technology transfer and local advancement, including 1:1 joint R&D consultations with Fraunhofer.
In addition, Kibo established a public-private cooperation M&A platform in March to fully support M&A of small and medium-sized venture companies. At this event, we provided guidance on the M&A support system along with individual consultations to further strengthen the linkage support system for successful open technology innovation of small and medium-sized venture companies.
Lee Sang-chang, CEO of Kibo, said, “We have prepared this Technology Transaction Festa to provide a wide range of information on areas that small and medium-sized venture companies usually have difficulty accessing, such as global expansion and M&A,” and added, “Going forward, Kibo will prepare various support measures to vitalize the technology transaction commercialization market for small and medium-sized venture companies, and will continue to pursue the substantive advancement of the program so that the Technology Transaction Festa can provide practical help.”
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