A view of the Korea Technology and Information Promotion Agency for SMEs (TIPA) building/Courtesy of Korea Technology and Information Promotion Agency for SMEs (TIPA)

Korea Technology and Information Promotion Agency for SMEs (TIPA) said on the 23rd that it signed a memorandum of understanding (MOU) with the Swiss Center for Electronics and Microtechnology (CSEM) for global research and development (R&D) cooperation.

CSEM is a research institute in advanced manufacturing and microtechnology established by the Swiss government in 1984. It is pursuing the development and commercialization of industrial application technologies in manufacturing, artificial intelligence (AI), digital, semiconductors, energy, life sciences and healthcare.

The agreement was pursued as part of the Global Cooperation R&D Program that the Ministry of SMEs and Startups has implemented since last year. It plans to support global open innovation and the resolution of technical challenges for domestic small and medium-sized enterprises and startups.

Korea Technology and Information Promotion Agency for SMEs (TIPA) plans to use this agreement to promote, between domestic small and medium-sized enterprises and startups and CSEM, ▲ international joint R&D ▲ technology and personnel exchanges ▲ seminars ▲ B2B technology-matching consultations, among other activities.

Kim Young-shin, head of Korea Technology and Information Promotion Agency for SMEs (TIPA), said, "With this agreement, we will support the transfer of advanced technologies held by CSEM to domestic small and medium-sized enterprises and startups and help ensure active technology commercialization."

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