Monday, November 2, 2026

Busan Regional Office of SMEs and Startups and Busan Institute of Science and Technology sign agreement to promote AX adoption among local SMEs

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2026-11-02 13:45:30
Updated
2026-11-02 13:45:30
[Financial News] The Busan Regional Office of SMEs and Startups said it signed an agreement with Busan Institute of Science and Technology on the 2nd at the Westin Josun Busan Hotel to support the innovative growth of SMEs in Busan and strengthen government-industry-academia cooperation.
A ceremony for the agreement to support the innovative growth of SMEs in Busan and strengthen government-industry-academia cooperation was held at the Westin Josun Busan Hotel on the morning of the 2nd. Lee Cheong-il, head of the Busan Regional Office of SMEs and Startups (left), and Lee Sang-seok, head of the Anchor Project Group at Busan Institute of Science and Technology, pose for a commemorative photo together holding the agreement. Provided by the Busan Regional Office of SMEs and Startups

The agreement was established to link the Busan Regional Office of SMEs and Startups’ SME support policies with the university’s industry-academia cooperation infrastructure, helping local SMEs address technological and management difficulties and strengthen their capabilities in digital and artificial intelligence (AI) transformation.
The two institutions agreed to jointly run training programs to strengthen capabilities in AI and digital transformation. They also agreed to work together to resolve companies’ technological difficulties by using the university’s specialized personnel and shared equipment.
They also agreed to share information on SME support programs and hold joint briefing sessions. In addition, they will jointly identify industry-academia-research cooperation projects and work together to support local talent in finding jobs and starting businesses, among other initiatives.
The Busan Regional Office of SMEs and Startups plans to link SME support programs with the technological and educational needs of businesses. The university plans to use its industry-academia cooperation infrastructure, including anchor projects, as well as its specialized personnel and educational facilities to help resolve companies’ technological difficulties and strengthen their ability to use AI.
Following this agreement, the Busan Regional Office of SMEs and Startups plans to strengthen its cooperation framework with local universities and work to make it easier for SMEs to access the technology and educational resources they need for digital and AI transformation.
Lee Cheong-il, head of the Busan Regional Office of SMEs and Startups, said, “To help local SMEs transition to AI, it is necessary to make active use of the specialized personnel, technology and educational infrastructure that universities have,” adding, “With this agreement as an opportunity, we will strengthen cooperation with local universities and actively support efforts to resolve SMEs’ technological difficulties and promote the spread of field-oriented AX.”
[email protected] Byun Ok-hwan Reporter