Sangsaeng Cooperation Foundation and Teukgu Promotion Foundation Focus on Intensive Development of Deep Tech Teukgu Companies

Connecting Large Corporations and Public Institutions with Deep Tech Special Zone and Research Institute Companies to Promote Commercialization Based on Win-Win Cooperation

The Foundation for Large, Small and Medium Business and Agricultural and Fishery Cooperation (Win-Win Cooperation Foundation) and the Research and Development Special Zone Promotion Foundation (Special Zone Foundation) announced on the 16th that they signed a Memorandum of Understanding (MOU) at the Win-Win Cooperation Foundation's main conference room to foster deep tech special zone companies and support win-win cooperation between large and small-medium enterprises.

The agreement aims to create an ecosystem for the scale-up of special zone companies and the industrialization of win-win cooperation technologies by collaborating the capabilities and resources of each institution to connect large corporations, public institutions, and deep tech special zone companies.

The Win-Win Cooperation Foundation will support ▲ information sharing such as networks and infrastructure of large corporations and public institutions and building partnerships between large and small-medium enterprises, ▲ win-win cooperation type technological innovation and technology development between large corporations, public institutions, and special zone companies, and ▲ joint marketing and domestic and international market development through supporting joint entry of large corporations, public institutions, and special zone companies.

The Special Zone Foundation will focus on supporting ▲ discovery of national strategic technologies and deep tech special zone companies and matching with public technologies, ▲ technology commercialization and corporate growth support through linkage with research and development special zone development projects and special zone funds, and ▲ research institute companies, advanced technology companies, and the research and development special zone regulatory sandbox system.

Both institutions will closely cooperate to strengthen the technological protection capabilities of special zone companies and prevent technology leakage, thereby creating a fair trade environment between large and small-medium enterprises. They also agreed to collaborate in various ways, including jointly hosting cooperation programs and events for the mutual growth of large and small-medium enterprises and linking projects and systems.