The Korea Small Business Agency (KOSME), led by Chairman Kang Seok-jin, announced on October 27 that it signed a memorandum of understanding with Chile's Small Business Technology Cooperation (SERCOTEC) on October 26 in Santiago, Chile. The agreement aims to strengthen the competitiveness of small and medium-sized enterprises (SMEs) in both countries and support their entry into overseas markets.
The signing took place at the conclusion of a major international event organized by SERCOTEC. During the event, officials from the Chilean Ministry of Foreign Affairs' International Economic Relations Office (SUBREI) and ProChile presented on trade and export topics. A seminar titled 'First Steps for SMEs Going Global - Strategies for Global Expansion' was also held, attended by local economic organizations and foreign diplomatic representatives.
Following the presentations, KOSME's Kang Seok-jin and SERCOTEC President Henry Asurmendi Toledo participated in the signing ceremony. The two organizations agreed to expand exchanges between SMEs in both countries and enhance support for entering overseas markets based on their previous cooperation experiences.
Under the agreement, the organizations will pursue initiatives including sharing SME support policies and operational experiences, exchanging personnel related to startup support and workforce training programs, providing market information to companies wishing to enter each other's markets, collaborating in online market sectors, and conducting joint seminars and training programs.
KOSME plans to identify the needs of domestic SMEs wishing to enter the Chilean market through the Santiago Global Business Center (GBC), while SERCOTEC will leverage its network of 62 business development centers (CDNs) across Chile to facilitate connections with local companies and support organizations. This collaboration aims to gradually develop specific cooperative projects, such as business matching and local entry consulting between companies from both nations.
KOSME's Kang Seok-jin stated, "This agreement will serve as an opportunity to support the growth of SMEs in both countries and their entry into overseas markets, based on the accumulated cooperation experiences of our organizations. We will actively connect the Santiago Global Business Center and SERCOTEC's local network to support our SMEs' entry into the Chilean market and expand cooperation between our companies."
Additionally, KOSME is engaged in various activities to support domestic SMEs in entering overseas markets, including financial assistance, export and marketing support, workforce training, and resolving regulatory challenges faced by businesses.
The signing took place at the conclusion of a major international event organized by SERCOTEC. During the event, officials from the Chilean Ministry of Foreign Affairs' International Economic Relations Office (SUBREI) and ProChile presented on trade and export topics. A seminar titled 'First Steps for SMEs Going Global - Strategies for Global Expansion' was also held, attended by local economic organizations and foreign diplomatic representatives.
Following the presentations, KOSME's Kang Seok-jin and SERCOTEC President Henry Asurmendi Toledo participated in the signing ceremony. The two organizations agreed to expand exchanges between SMEs in both countries and enhance support for entering overseas markets based on their previous cooperation experiences.
Under the agreement, the organizations will pursue initiatives including sharing SME support policies and operational experiences, exchanging personnel related to startup support and workforce training programs, providing market information to companies wishing to enter each other's markets, collaborating in online market sectors, and conducting joint seminars and training programs.
KOSME plans to identify the needs of domestic SMEs wishing to enter the Chilean market through the Santiago Global Business Center (GBC), while SERCOTEC will leverage its network of 62 business development centers (CDNs) across Chile to facilitate connections with local companies and support organizations. This collaboration aims to gradually develop specific cooperative projects, such as business matching and local entry consulting between companies from both nations.
KOSME's Kang Seok-jin stated, "This agreement will serve as an opportunity to support the growth of SMEs in both countries and their entry into overseas markets, based on the accumulated cooperation experiences of our organizations. We will actively connect the Santiago Global Business Center and SERCOTEC's local network to support our SMEs' entry into the Chilean market and expand cooperation between our companies."
Additionally, KOSME is engaged in various activities to support domestic SMEs in entering overseas markets, including financial assistance, export and marketing support, workforce training, and resolving regulatory challenges faced by businesses.
* This article has been translated by AI.
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