Supporters Introduced at Seven Centers for Creative Economy & Innovation Nationwide
Cooperation on Identifying Technology Transfer Demand and Promoting the Supporters System
On July 7, the Korea Technology Finance Corporation (KIBO) announced that it has signed a "Technology Transaction Supporters Business Agreement for Expanding the Discovery of Technology Transfer Demand and Revitalizing the Technology Transaction Market" with the Center for Creative Economy & Innovation.
This agreement was established to effectively identify the technology transfer needs of small and medium-sized enterprises (SMEs), address blind spots in technology transaction support programs, and promote a private sector-led technology transaction market. As part of the Ministry of SMEs and Startups' "SME Technology Transaction Vitalization Support Program," KIBO operates the "Technology Transaction Supporters" system. Through agreements with related organizations that have direct contact with SMEs, KIBO selects personnel from these organizations to serve as supporters.
The supporters are responsible for identifying companies in need of technology transfer on site and providing guidance on KIBO's technology transfer and commercialization support programs. When a company discovered by a supporter signs a technology transfer contract, KIBO provides a reward to the supporter. The application period for supporters, which was originally set to end at the end of June, has been extended to the end of September to encourage greater participation from partner organizations. Currently, 189 supporters are active nationwide.
Under this agreement, KIBO plans to actively operate the technology transaction supporters system centered on seven regional centers (Gyeonggi, Gyeongnam, Daejeon, Seoul, Sejong, Jeonnam, and Jeonbuk). The participating institutions have agreed to cooperate in the following areas: strengthening the discovery of technology transfer needs among SMEs, promoting and encouraging participation in the supporters system, establishing a cooperative framework for technology transactions, and sharing information on technology transfer and commercialization support programs.
Meanwhile, the Centers for Creative Economy & Innovation serve as regional startup agencies operated through collaboration among the government, local governments, and the private sector, acting as public accelerators for nurturing startups. KIBO plans to utilize each center's regional network to systematically identify technology transfer needs and strengthen support for commercialization linkage, thereby contributing to the revitalization of regional startup ecosystems.
Lee Sangchang, Director at KIBO, stated, "KIBO has supported the creation of a self-sustaining technology transaction market and open innovation for SMEs and startups based on private sector cooperation. Going forward, we will further expand collaboration with related organizations to enhance the efficiency of identifying demand companies and, by revitalizing a private sector-led technology transaction market, establish a solid foundation for the growth of technology companies."
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