• MOU for the Enhancement of Open Platform for New Materials Technology to find new outstanding startups in the materials field and start PR collaboration.

• As the number of specialized platform organizations has increased to 18 in 5 years, the range of supporting areas will be expanded to reinforce the foundation for the growth of outstanding materials companies.

   

SKC (President: Woncheol Park) has partnered with the Electronic Times to enhance the materials industry ecosystem of South Korea. Celebrating its 40^th anniversary this year, the Electronic Times has consistently been interested in the domestic materials industry and startups, and has produced many relevant news reports.

SKC and the Electronic Times have signed an MOU for the Enhancement of Open Platform for New Materials Technology at SKC Headquarters in Jongno-gu, Seoul, on October 06. Through this agreement, the two companies will together support startups and SMEs with outstanding materials technologies and contribute to strengthening the domestic materials industry ecosystem. The signing ceremony was attended by key executives of the two companies including President Woncheol Park of SKC and CEO, Publisher, Printer, Editor Yang Seung-wook of the Electronic Times

SKC Open Platform for New Materials Technology is a shared infrastructure aimed at supporting promising startups in the materials field for their business success. SKC has been operating the Open Platform since 2017 together with 17 specialty organizations representing each field. The support will further be expanded as the Electronic Times joins the Open Platform through this MOU. The Electronics Times will make efforts concentrated on promoting startups and SMEs participating in the Open Platform, and will also support their participation in various expos and seminars to help their capacity building.

Each specialty organization that joins SKC’s Open Platform for New Materials Technology brings its expertise to support the commercialization of startups. SKC shares commercialization funding and R&D management know-how accumulated for 45 years and Ulsan Creative Economy Innovation Center conducts business operation training and follow-up projects. The Korea Institute of Science and Technology is in charge of commercialization and research/planning capacity upgrades.

In addition, the Office Strategic R&D Planning is in charge of policy training and system improvement while Deloitte Anjin LLC is in charge of accounting advice and connection to global investment institutions. Shinhan Bank provides financial support through technology valuation and Korea Technology Finance Corporation carries out tech-matching required for selected companies. The Korea Startup Forum supports startup incubation and Shin & Kim LLC offers legal advice.

An SKC executive said, “The Electronic Times joined SKC Open Platform for New Materials Technology as a PR specialist that will help outstanding materials companies gain more exposure in the market that will give them a foundation for growth,” and added, “SKC will continue to expand its collaboration with specialty organizations to provide substantial support to participating startups and SMEs and reinforce ESG management, seeking to grow together with the stakeholders. [End of _ document_]

[SKC signed an MOU with the Electronic Times at SKC Headquarters in Jongno-gu, Seoul on October 11  to work in partnership with each other to enhance the materials industry ecosystem of South Korea. President Woncheol Park of SKC (left) and CEO Yang Seung-wook of the Electronic Times are holding the agreements.]