Kibo, Jeju Techno Park and Technology Transaction Supporters Business Agreement Signed


The Korea Technology Finance Corporation (KTFC) (Chairman Kim Jong-ho, hereinafter referred to as KIBO) announced on the 17th that it signed a ‘Technology Transaction Supporters Business Agreement for Expanding Technology Transfer Demand and Activating the Technology Transaction Market’ with Jeju Technopark (President Ji Young-heun, hereinafter referred to as Jeju TP) .

This agreement was prepared to eliminate blind spots in technology transaction support projects through cooperation with regional industrial base organizations and to promote technology transfer and commercialization of regional small and medium-sized venture companies. Starting with the agreement with Gyeongnam Techno Park on the 8th, Kibo is continuously expanding business agreements with regional techno parks.

Since February of last year, KIBO has signed business agreements with eight related organizations, including the Korea SMEs and Startups Agency, for technology transfer supporters (hereinafter referred to as Supporters), and currently, 185 Supporters are active in discovering technology transfer needs for small and medium-sized enterprises.

According to the agreement, the two organizations agreed to cooperate in ▲strengthening demand for technology transfer from small and medium-sized enterprises, ▲promoting the supporter system and encouraging participation, ▲establishing a technology transaction cooperation system, and sharing information on technology transactions and commercialization.

Supporters affiliated with Jeju TP discover technology transfer needs at on-site contacts with small and medium-sized enterprises and recommend them to Kibo, and Kibo conducts technology brokerage for them. When a technology transfer contract is concluded, the supporters are paid a reward. In addition, Kibo plans to utilize Jeju TP’s wide network, which serves as a base for fostering local industries, to vitalize technology transactions among Jeju-area technology companies and create a new growth ecosystem.

Lee Sang-chang, CEO of Kibo, said, “In order to expand and discover the demand for technology transfer from small and medium-sized enterprises in the Jeju region, it is necessary to actively utilize the infrastructure of Jeju TP,” and “Kibo will continue to expand cooperation with regional industrial hub organizations and actively support open technological innovation that takes into account the current status and characteristics of regional specialized industries.”


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