Unlocking Innovation: Credit Guarantee Fund-ETRI Forges Groundbreaking Partnership to Revolutionize Public Technology

[서울=뉴스핌] Reporter Kim Yeon-soon = The Credit Guarantee Fund announced on the 4th that it had signed a ‘business agreement for the expansion of public technology’ with the Electronics and Telecommunications Research Institute (ETRI) on the 1st.

This agreement was prepared to spread innovative public technologies to the private sector and create a technological innovation ecosystem that will guide the future of national industries.

According to the agreement, Shinbo provides guarantees to companies that transfer ETRI technology or participate in commercialization-related technology development (R&BD). In addition, through Innovation 1, a comprehensive solution tailored to a complex demand, we intend to provide one-stop services by connecting not only new information but also corporate support projects of other organizations.

Credit Guarantee Fund Director Chae Byeong-ho (left) and Electronics and Telecommunications Research Institute Director Shin Jeong-hyuk (right) take a commemorative photo after signing the ‘Business Agreement for Public Technology Expansion’ held at the ETRI Convergence Technology Research and Production Center on the 1st. [사진=신용보증기금]

ETRI intends to recommend innovative technology companies that have received a technology transfer, investment, or spin-off to Shinbo, and provide growth programs to companies that receive financial and non-financial support from Shinbo.

In addition, the two organizations decided to promote a collaborative project to create a commercialization ecosystem for public technologies developed by ETRI so that companies can innovate technology and increase the speed of growth.

Chae Byeong-ho, director of Shinbo, said, “We hope that ETRI’s state-of-the-art technology will be widely disseminated to the private sector through Shinbo’s technology growth support program,” and added, “As a financial policy organization , we will provide the necessary support so that Korean companies can have technological competitiveness in the age of competition for technological hegemony.” “I will make no effort,” he said.

y2kid@newspim.com