Kim Jong-ho, Chairman of the Technology Guarantee Fund (hereinafter referred to as “KIBO”), announced that on Wednesday the 25th, he visited Gwangwon Engineering Co., Ltd. (CEO Woong-yong Jeong), a refrigerator parts manufacturing company located in Gwangsan-gu, Gwangju Metropolitan City, and held a business site meeting.
This meeting was arranged to listen to the difficulties faced by technology-based SMEs and venture companies on the ground and discuss institutional improvement and policy suggestions to promote R&D and investment by excellent technology companies. In particular, the low-carbon transition and technological innovation achievements promoted by companies through the support of Kibo’s green finance were reviewed, and plans for expanding customized support in the future were also explored.
Kibo has highly evaluated the technological prowess and innovative growth potential of Kwangwon Engineering Co., Ltd. and has supported customized guarantee programs covering the entire technology commercialization cycle, such as preferential guarantees for smart factories, albatross guarantees for overcoming the Death Valley, and facility fund guarantees for machine introduction. In addition, to support green growth, it has supported carbon valuation guarantees and selected the company as a member of the Green Asset Securities (G-ABS), which Kibo first introduced last year, providing opportunities for direct financing.
After touring the production site with CEO Jeong Woong-yong, Kibo Chairman Kim Jong-ho said, “Kibo has been strengthening its comprehensive support system so that SMEs and venture companies can simultaneously pursue green industry transition and technological innovation,” and “This year, we are introducing a new green sector-specific guarantee product and establishing an M&A platform exclusively for SMEs and venture companies to further solidify the corporate growth ladder.” He added, “In the future, we will actively expand policy support that reflects the voices of the field so that companies can respond more preemptively to changes in the external environment, and as a public institution, we will fulfill our role as a catalyst for private-sector-led innovation.”
Meanwhile, after the on-site meeting, Chairman Kim Jong-ho had an open discussion with Kibo employees in the Chungcheong and Honam regions. In particular, they discussed the direction of organizational development to respond to changes in the management environment in an atmosphere of free communication between generations. At this meeting, Chairman Kim Jong-ho emphasized that in order to become a public institution trusted by the public, all executives and employees must maintain a high level of ethical awareness and integrity. The employees in attendance shared their concerns they encountered on-site and said that it was a good opportunity to empathize with Kibo’s goal of open innovation and organizational culture.
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