Samsung Electronics - Ministry of SMEs and Startups will provide 30 billion Korean won to develop new technologies for SMEs
1st Dec. 2021
On the 1st, Samsung Electronics signed a memorandum of understanding (MOU) with the Ministry of SMEs and Startups at the With Wave headquarters in Yongin, Gyeonggi-do.
Through the agreement, the Ministry of SMEs and Startups and Samsung Electronics will contribute 15 billion won each to raise a total of 30 billion won to support SMEs’ development of new technologies and localization of materials, parts and equipment for five years from 2022 to 2026.
“Samsung Electronics is not only supporting technology development funds, but also providing various information and dispatching in-house experts to provide consulting to improve technological competitiveness,” said Lee Yong-gu, CEO of Withwave. “We will make sure to succeed in the task with the support of Samsung Electronics and the Ministry of SMEs and Startups.” Courtesy of Samsung Electronics Thank you, everyone.