Korea Technology Finance Corp. (KOTEC) held the first management strategy workshop for the year 2023, which is intended to achieve a new mission and vision.
The event took place at KOTEC headquarters in Busan on Jan. 31.
KOTEC headquarters executives, general managers, and business branch chiefs across the nation participated in the workshop, held under the theme “KOTEC, an Innovative Growth Platform to Come Together from Startup to Scale-up.”
During the day, KOTEC executives and staff members shared a new value regime and core tasks the corporation will implement this year, and strategies to develop technology innovation platforms opening to SMEs and venture companies.
They also took the time to announce and discuss on themes, such as digital and data innovation strategies.
In his speech, KOTEC Chairman Kim Jong-ho said, “The workshop is hoped to serve as a time to take a new mission, vision and value regime to the heart and ponder how to raise KOTEC’s brand values.”
Kim called for business branch chiefs to lead efforts to promote staffers’ harmony and work immersion and operate businesses in an efficient fashion.
KOTEC Chairman Kim Jong-ho gives a speech at the first management strategy workshop for the year 2023.
Last year, KOTEC offered guarantees worth a combined 26 trillion won in projects, such as support to unmatched future strategy industries to build leading economic foundation and back the scale-up of venture companies and startups.
The corporation has supported technology innovation and offered venture and innovation financing by spearheading efforts to build smart technology transaction platforms, building re-challenging and virtuous cycles of infrastructure and implement sales receivables factoring.
KOTEC plans to lead an economic take-off by concentrating its capabilities on core support areas, such as innovative growth and scale-up support and demonstrate its capabilities as a technology evaluation institution by upgrading technology evaluation systems and expanding opening to the private sector.
The corporation also plans to lead efforts to implement efficient management innovation and fully support ESG management.
KOTEC to Offer Over 500 Billion Won in Carbon Value Evaluation Guarantees to SMEs
Korea Technology Finance Corp. (KOTEC) decided to offer more than 500 billion won in carbon value evaluation guarantees to support SMEs’ transition to carbon reduction management, the corporation said on Jan. 25.
The carbon value evaluation guarantee is a guarantee product financed by a climate change response fund.
KOTEC measures effects of greenhouse gas emissions into currency values based on its carbon value evaluation model.
KOTEC offered 500.7 billion won last year when the carbon value evaluation guarantee made its debut.