LACI’s Michael Swords hosted SBC Vice President Hyungsoo Kim at the La Kretz Innovation Campus where the two signed an MOU for partnership between NGIN and SBC.

The Small & medium Business Corporation (SBC) is a non-profit, government-funded organization established to implement government policies and programs for the sound growth and development of Korean SMEs.

To achieve its purpose, SBC operates financial and non-financial programs for SMEs. Through financial programs, SBC provides financing for SMEs to expand operations, develop new products and convert their business structures. With advisory programs including consulting, training, marketing and global cooperation programs, SBC supports SMEs to enhance their global competitiveness.