TIPA Supports Investment in Outstanding SMEs in National Strategic Technology Sectors

IR Presentations Held with IBK Industrial Bank and Hana Bank
"Establishing a Solid Growth Foundation for Outstanding SMEs"

The Small and Medium Business Technology Information Promotion Agency (TIPA) announced on April 23 that it conducted the 'Investment Support Program' for small and medium-sized enterprises (SMEs) engaged in technology development (R&D) in 12 key national strategic technology sectors.

This investment support program was organized by TIPA in collaboration with IBK Industrial Bank of Korea and Hana Bank, which serve as dedicated deposit banks for SME R&D funds, to support the successful commercialization of companies that have excelled in R&D. A total of 438 companies possessing 12 key national strategic technologies and technologies prioritized by the Ministry of SMEs and Startups applied for the program.

The Small and Medium Business Technology Information Promotion Agency is conducting investment evaluations (IR) for companies participating in the 'Investment Support Program' together with investment officers from the dedicated SME R&D bank. Small and Medium Business Technology Information Promotion Agency

In cooperation with the dedicated banks, TIPA selected 17 innovative companies with outstanding technological capabilities from among the applicants for in-person evaluations. The selected companies conducted in-person investment presentations (IR) for the two banks, providing them with opportunities to attract investment. Final investment decisions will be made through follow-up meetings and further discussions.

Kim Youngshin, President of TIPA, stated, "Starting with this strategic technology sector, we plan to conduct the 'Investment Support Program' seven times this year for excellent R&D companies and those located outside the metropolitan area." She added, "TIPA will continue to actively support not only the R&D of SMEs and startups but also their commercialization, making every effort to establish a solid growth foundation for outstanding SMEs."