SKKU’s Technology Holdings Company is registered as 'Accelerator' of MSS
SKKU’s Technology Holdings Company is registered as 'Accelerator' of the Ministry of SMEs and Startups(MSS)
The technology holdings company[CEO Yoo Piljin(Professor, Chemical Engineering)] said on Feb 11th that it will register as an ‘accelerator’ of the Ministry of SMEs and Startups(MSS) and continue to support early startups by utilizing the superior infrastructure and know-how of SKKU.
‘Accelerator’(start-up planners) is that who specializes in fostering businesses, such as discovering and promoting early start-ups. And once registered with the Ministry of SMEs and Startups, it can receive the authority to form an individual association and support from various tax benefits.
The government plans to create a new fund for university technology holdings companies worth 600 billion won by 2022 and expand the second venture boom by allowing university technology holdings companies registered as accelerator to form venture investment associations through the enactment of the Venture Investment Promotion Act in the future.
With SKKU’s technology holdings company joining domestic university accelerator, it is expected to create a start-up ecosystem based on excellent technology and spread the second venture boom.
Professor Yoo Piljin said, "By registering as an ‘accelerator’, we have set a springboard for a virtuous circle in which we can maximize the performance of our technology business based on our excellent intellectual property and reinvest in education and research."
Meanwhile, SKKU’s technology holdings company has established and operated 11 subsidiaries based on the excellent technology of teachers and researchers since its establishment in 2012.