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According to Yonhap News,
(JEONJU=Yonhap News) Jeonbuk Technopark, an affiliate of North Jeolla Province, and JB Asset Management will jointly support small- and medium-sized companies (SMEs) with excellent technology prowess.
The two institutions signed a business memorandum of understanding on January 26 to jointly find the excellent SMEs and invest in them.
They agreed to establish a joint project to attract investment and capitalize on the infrastructure to facilitate investment.
Jeonbuk Technopark, Jeonbuk Bank and Jeonbuk Credit Guarantee Foundation established the JPTP Technology Financial Support Center last June to solve the financial difficulties faced by SMEs, carry out evaluation and provide financial support.
ichong@yna.co.kr
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Source: Yonhap News (Jan. 26, 2016)
** This article was translated from the Korean.