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KISTI to get a tenfold increase of SME sales

성수 최 2010-06-08 View. 6,669

- Find out 50 SMEs/Venture Businesses by 2015
- Concentrated support for more than a 10-fold increse of SME sales in 10 years


Korea Institute of Science and Technology Information(KISTI, President Park Young-seo) said on June 3 that it has developed a "10-10 Project" to pick out and foster small and medium enterprises in Dae-deok Science Town.


50 smaller businesses in the stage of rapid growth that have amount of revenue from $800 thousand to $ 8 million will be selected by 2015 and be intensively fostered step by step so that they could multiply more than 10-fold in their turnover after 10 years.


Benefits the selected SMEs can receive are the following:
▲ KISTI planner specialized in commercialization of technology
▲ Support for the development of new item in association with Dae-deok Science Town
▲ Provision of overseas market information jointly with Dae-jeon City
▲ Automatically become a member of KISTI S&T Information Committee
▲ Free provision of analyzed data


Dr. Park Young-seo, President, said "The '10-10 Project' could support marketable future business and also contribute to economic growth and creating jobs of South Korea."

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