The Korea Technology Finance Corporation (hereinafter referred to as the “KIBO”) announced on the 23rd that it achieved the highest grade in the “2024 Public Institution Joint Growth Evaluation” hosted by the Ministry of SMEs and Startups.
The Public Institution Mutual Growth Evaluation is a system that evaluates public institutions’ mutual growth and mutual cooperation efforts every year in accordance with the ‘Act on Promotion of Mutual Cooperation between Large and Small Enterprises.’ This evaluation was conducted on a total of 134 public institutions, and was evaluated into a total of 5 grades by comprehensively reflecting the performance of each institution’s mutual growth and the perception of cooperative small and medium-sized enterprises.
As a result of its continuous promotion of fair trade and mutual growth activities based on coexistence, Kibo was recognized for its contribution to sustainable development with small and medium-sized enterprises by receiving the 'Best' rating in 2022, the 'Excellent' rating in 2023, and the 'Best' rating in 2024.
In particular, Kibo received high praise for actively promoting customized win-win cooperation programs that reflected the diverse needs and external environments of small and medium-sized enterprises last year. Key activities include ▲supporting overseas market development for local small and medium-sized enterprises ▲expanding the supply price linkage system and reflecting the increase in supply costs ▲creating an ecosystem through expanding green finance and strengthening cooperation between large and small and medium-sized enterprises.
In addition, the expansion of joint growth activities that support the innovative growth of small and medium-sized venture companies, such as the spread of ESG finance through the issuance of green asset securitization securities for small and medium-sized enterprises, the establishment of a public platform for M&A, and the creation of an open technological innovation environment, received positive evaluations, achieving Kibo's highest score ever.
Kim Jong-ho, CEO of Kibo, said, “This selection as the best grade is a valuable achievement created through genuine cooperation and efforts for coexistence with small and medium-sized enterprises,” and added, “Kibo will continue to fulfill its role as a practical partner for strengthening the self-reliance and sustainable growth of small and medium-sized enterprises.”
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