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Major Footprints
Ȩ  >  About Us >  Major Footprints
  • 1986.12
  • "The Financial Assistance to New Technology Business Act" was enacted
  • 1989. 4
  • KOTEC was established, with its previous name, Kibo as a non-profit
    institution to form a targeted financial support toward
    technology-oriented SMEs based on the aforementioned Act
  • 1994. 2
  • "Technology-Preferential Guarantee System" was introduced
  • 1997. 3
  • Opened Technology Appraisal Center(TAC) (1st ever in Korea)
  • 1998. 11
  • Outstanding Credit Guarantee balance exceeded 10 trillion Won
  • 1999. 2
  • "Technology Appraisal Guarantee System" was launched
  • 2001. 12
  • Outstanding Credit Guarantee reached 15 trillion Won
  • 2002. 8
  • "The Financial Assistance to New Technology Business Act" was
    abolished and
    "The Kibo Technology Fund Act" was newly Legislated
  • 2004. 8
  • Implemented the Technology Appraisal Certificate scheme
  • 2005. 4
  • Integrated Seoul office into Busan head-office to spearhead
    the national policy of decentralization of public sector institutions
  • 2005. 7
  • KOTEC's proprietary KTRS (Kibo Technology Rating System) was developed
  • 2007. 1
  • Unified all guarantee provision practice to be based on KTRS
  • 2007. 4
  • KTRS was Patented
  • 2008. 1
  • Converted all branches to be Technology Appraisal Centers
    Adopted "KTRS-Startup" model for startup companies
  • 2008. 12
  • Developed R&D Appraisal model and established
    Special Guarantee scheme for R&BD projects
  • 2009. 1
  • Ranked as an excellent institution from government assessment
    for public sector institutions (Three consecutive years)
  • Changed its English CI to be "Korea Technology Finance Corporation
    (KOTEC)" (Previously "Kibo Technology Fund")
  • 2009. 9
  • Established Culture Industry Completion Guarantee scheme
    to support creative culture & contents business ventures
  • 2011. 5
  • Moved into a newly-built head-office building located
    at Munhyeon International Finance Complex in Busan
  • 2011. 12
  • Exceeded cumulative total guarantee supply of 200 trillion Won
  • 2012. 6
  • Amended "the Korea Technology Finance Corporation Act"
    to make equity investment for early-stage ventures
    to be a legitimate business of KOTEC
  • 2013. 11
  • Held the 26th ACSIC Conference in Busan
  • 2014. 1
  • Designated as the only public institution for the Technology Bureau
  • 2015. 7
  • Developed KOTEC Technology Matching System(KTMS)
  • 2016. 9
  • Renamed as Korea Technology Finance Corporation by amendment of the Act
  • 2016. 12
  • Total of KRW 300 trillion in Guarantee provided, KRW 21.2 trillion in Guarantee outstanding and 71,000 firms in guarantee recipients