Gibo Holds Management Strategy Workshop for a New Leap After COVID-19

New Guarantee Support of 3.1 Trillion Won in the First Half of This Year

Jung Yun-mo, Director of Kibo, is delivering opening remarks at the second half-year management strategy workshop held online.

[Asia Economy Reporter Kim Cheol-hyun] The Korea Technology Finance Corporation (Chairman Jung Yoon-mo, hereinafter referred to as Kibo) announced on the 27th that it held a second half management strategy workshop under the theme of "A New Leap After COVID-19."

This workshop was organized to share the management performance of the first half of this year and the key tasks to be promoted in the second half, and to explore Kibo's role and policy direction in the era of digital transformation after COVID-19. It was conducted entirely through non-face-to-face video conferencing amid the COVID-19 pandemic.

Chairman Jung Yoon-mo emphasized in his opening remarks, "We must now prepare in advance for the post-COVID-19 era," adding, "We will strive to expand support in the Korean New Deal sectors, actively promote new businesses, and pursue digital innovation."

Kibo supported 3.1 trillion KRW in new guarantees in the first half of the year to help small and medium enterprises overcome the crisis caused by COVID-19, focusing on key sectors. It is also taking the lead in supporting the Korean New Deal and scale-up of innovative growth companies for a transition to a leading economy.

Kibo plans to continuously promote measures to revitalize investment for fostering technology innovation companies, and to expand technology evaluation infrastructure through the advancement of new technology investment models and provision of patent evaluation support information.

Additionally, Kibo will strengthen support for the non-face-to-face, digital, and green economy to actively respond to the government's Korean New Deal policy. Efforts will be made to promote new businesses such as establishing an integrated support system for technology transactions of SMEs, introducing special guarantees for VC venture funds to support government’s complex financing, and continuously expanding customer-centered digital innovation like building an electronic contract platform.