The FINANCIAL — Delegation of the Georgia’s Innovation and Technology Agency of the Ministry of Economy, headed by the Chairman of the Agency Giorgi Zviadadze, is visiting the Republic of Korea.
Members of the delegation met with the representatives of the Korean Institute of Science, Information Technology and Future Planning as well as the leading Korean companies and institutes operating in the field of innovative technologies, according to Ministry of Economy and Sustainable Development of Georgia.
Within the frames of the visit, a Memorandum of Understanding was signed between the Georgia’s Innovation and Technology Agency and the Association of Korean Techno Parks. The signing ceremony was held at Daejeon TechnoPark, which is one of the largest techno parks in Korea. Following the signing ceremony, the parties discussed the prospects of cooperation in the field of innovative technologies.
The Memorandum of Understanding includes the following directions: sharing experience and cooperation in innovation, biotechnology, ICT (information and communications technologies); STEM (science, technology, engineering and mathematics); promotion of Georgian start-uppers and innovators at the Korean market; organizing joint academic and scientific activities (including forums, seminars, incubators/accelerators and conferences); development of training programs; sharing experience of Korea Techno Parks Association in the process of establishment of the Technological Transmission Office in Georgia; connecting with Korean Engel / Venture Investors and Funds for access to alternative funding and organizing fitting sessions for Georgian start-up companies.
Within the frames of the visit to Korea, the representatives of the Innovation and Technology Agency also plan to visit electric vehicles in Hyundai factory and meet with the Institute of Korea Technological Advisory and SELVAS Healthcare Co.