The INNOBIZ Association decided to join forces with the government to build a growth foundation for technology-innovative small and midsize corporations.
The association held the 25th regular general meeting of 2026 at 3 p.m. on Feb. 20 at the SETEC convention hall in Gangnam-gu, Seoul.
About 150 representatives from member companies attended the meeting. Noh Yong-seok, the 1st Vice Minister of the Ministry of SMEs and Startups, gave a policy lecture at the meeting.
The Vice Minister explained innovation-driven growth strategies and key policy directions for small and venture corporations, and introduced government support measures to strengthen the competitiveness of technology-innovative corporations.
The Vice Minister said, "INNOBIZ corporations are core partners in small and venture corporations policy." Noh added, "What matters most are corporations' challenges and innovation activities," and, "We will work together to find ways to leap forward as global innovation-leading corporations even amid the rapidly changing economic environment."
At the regular general meeting that followed the policy lecture, major agenda items were proposed and approved, including ▲ report on 2025 business performance and settlement of account ▲ deliberation on the 2026 business plan and budget bill. Attending members shared opinions on the association's operational direction and key tasks. They also formed a consensus on the need to strengthen the association's strategic response and expand support for member companies.
Jeong Gwang-cheon, president of the INNOBIZ Association, noted, "Based on close cooperation with the government, we will actively convey policy issues facing INNOBIZ corporations and produce results that members can feel," adding, "As a partner of technology-innovative small and midsize corporations, the association will strengthen its policy, education, and network functions."
The association, as the operating body of the INNOBIZ certification program for outstanding innovative corporations under the Ministry of SMEs and Startups, carries out technology evaluations and certification management. As of last year, there were about 23,300 INNOBIZ corporations.