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Company Profile

Purpose of establishment

Create a culture of autonomy and accountability

Invest in affiliates and help
them achieve successful exits.

Professional and Systematic Support for Tech Startups

1. Emphasize the need for initiative-taking responses to future challenges, Stress the importance of creating a blend of “R&D + Business” through integration, openness, and globalization

2. Need to boost tech startups by leveraging technologies owned by government-funded research institutes

3. Need to build a professional and systematic organization capable of handling high-risk, high-return tech startups

Support for Stable Tech Startups Based on Convergent Technologies

1. Revitalize tech startups based on diversified tech portfolios and integrated technologies

2. Achieve an economies of scale to offer stable support to the startups

3. Minimize the burden on government-funded research institutes in the event of a tech startup failure

Creation of Synergy with the Existing TLOs

1. Unlike tech licensing-focused TLOs, prioritize high-risk, high-return tech startups to exhibit the distinct and unique features

- Develop a specialized company that oversees the entire lifecycle of tech startups, from technology discovery and integration to the founding and incubation of the affiliates, and providing specialized services such as fund raising, technology, and marketing support for the affiliates

- Work with TLOs to lay the groundwork for mutual growth

Company Overview
Establishment Date

November 14, 2013
Location

Unit 904, Daedeok TechBiz Center, 593 Daedeok-daero, Yuseong-gu, Daejeon
CEO

Choi Chi-ho
Capital stock

53 billion won
Shareholders

Korea Atomic Energy Research Institute (KAERI), Korea Institute of Science and Technology (KIST), Korea Institute of Industrial Technology (KITECH), Korea Institute of Energy Research (KIER), Korea Institute of Machinery & Materials (KIMM), Electronics and Telecommunications Research Institute (ETRI), Korea Electrotechnology Research Institute (KERI), Korea Research Institute of Chemical Technology (KRICT), Korea Research Institute of Bioscience & Biotechnology (KRIBB), Korea Research Institute of Standards and Science (KRISS), Korea Institute of Geoscience and Mineral Resources (KIGAM), Korea Institute of Civil Engineering and Building Technology (KICT), Korea Institute of Science and Technology Information (KISTI), Korea Railroad Research Institute (KRRI), Korea Institute of Materials Science (KIMS), National Security Research Institute (NSR), and Korea Food Research Institute (KFRI)