IBK Changgong, a start-up development platform of IBK Industrial Bank of Korea (President Kim Seong-tae) announced on the ninth that it accomplished technology matching through the operation of the ‘IBK Changgong Technology Matching Program’ and held a technology exchange meeting.

The ‘IBK Changgong Technology Matching Program’, which has been conducted annually since last yr in the primary and second half of the yr, was launched to unravel technological difficulties of startups being fostered at IBK Changgong and to reinforce technological advancement and technological competitiveness.

It secures the technology list of every institution, equivalent to the government-funded research institute and the Institute of Science and Technology, which have promising technologies for commercialization, and supports technology transfer and commercialization by connecting IBK Changgong fostering corporations with demand.

This system was participated by 12 research institutes, including the Electronics and Telecommunications Research Institute and the Korea Institute of Machinery and Materials, and three universities of science and technology, including the Korea Advanced Institute of Science and Technology (KAIST), Ulsan Institute of Science and Technology (UNIST), Daegu-Gyeongbuk Institute of Science and Technology (DGIST), and the Korea Invention Promotion Association. About 900 technologies were exchanged, and 41 technologies were matched with 14 IBK Changgong fostering corporations.

Subsequently, Industrial Bank of Korea conducted consultation on demand technology, confirmation of technology transfer process, technology commercialization support program and technology transfer cost consultation through technology exchange meeting, and based on this, it plans to proceed with technology transfer contract and connection to commercialization program.

An official from IBK said, “We hope that technology exchanges between industry, academia, research institutes and IBK Changgong fostering corporations will probably be actively progressed through this program.”

Meanwhile, Industrial Bank of Korea plans to provide 2.5 trillion won in enterprise capital for 3 years from this yr to steer the enterprise capital market. Supported 9,016 times of non-financial service support equivalent to mentoring, consulting and IR.

Reporter Juyoung Lee juyoung09@aitimes.com