Presentation on theme: "APEC SME Innovation center & SME support programs in korea"— Presentation transcript:
1 APEC SME Innovation center & SME support programs in korea Hyun Suk ShimGeneral Manager of Global Cooperation DepartmentSmall & medium Business CorporationAugust 25, Seoul Korea
2 Contents 2. SME assistance Program 1. APEC SMEIC Vision and Role History2009 Activities2. SME assistance ProgramOverview of SBCMajor programs
3 Vision & RoleVisionPromote economic activities and co-prosperity in the APEC region by strengthening the innovation capacity of SMEsRoleProvide workshops and seminars for innovation capacity buildingDevelop and disseminate SME innovation modelsEstablish cooperative networks for SME innovation
4 HistorySeptember 2005 – APEC Ministerial Meeting in Daegu adopted the proposal to establish the APEC SME Innovation Center in article 11 of the Joint Ministerial StatementFebruary 2006 – APEC SMEIC established at the Korea Technology and Information Promotion Agency for SMEsJanuary 2009 – APEC SMEIC Secretariat transferred to the Small and medium Business Corporation
6 2009 activities SME Consulting < Raphael Legacy Design Inc.> <SANYO SEIKI STAINLESS STEEL CORPORATION>Dispatch management and technology specialists to SMEs of APEC member economiesProvide customized solutions based on on-site diagnosis and consulting utilizing “Comprehensive Diagnosis Tool” of SBC
7 2009 activities SME Business Matchmaking Organize face-to-face business meetings in key fields to generate practical cooperation benefits among APEC member economies
8 2009 activities SME e-Business Cooperation Provide a platform for e-business and information sharing through the linking of relevant APEC member websites
9 2009 activities SMEIC Website Innovation Provide information on innovation activities of SMEs in APEC region through the APEC SMEIC portal (www.apec-smeic.org)APEC SME Innovation BriefingPublish semiannual newsletter and disseminated through webmail to APEC SMEWG members.
10 Overview of sbc Who we are What we do Employees : 761 Non-profit government agencyWhat we doEffectively implement government policies and programs for the sound growth and development of SMEsProvide a wide range of services including finance, consulting, training, marketing and international cooperationEmployees : 761Budget(2009) : US$ 9.5 Billion
11 Sbc funding & budget Revenue FY2009 Budget: US$ 9.5 billion Government ContributionUS$0.44 billionBond IssuingUS$ 6.67 billionRepayment, Interest and other incomeUS$ 2.39 billionTotalUS$ 9.5 billionFY2009 Budget: US$ 9.5 billion
12 Brief history of sbc Date Activities Jan 1979 SBC established Sep 1979 Overseas Office opened in Europe (‘79), Japan (‘83), USA (‘83), China (‘93)Oct 19821st Small Business Training Institutes established(Additional Institutes opened in Honam (’01), Daegu (’03), Busan (’04))Feb 19851st Regional office created (as for 2009, 23 offices created)Jul 1995Subsidiaries established : SBC Registrar (‘95.7), Small Business Distribution Center Co. Ltd (‘95.12), Korea Venture Investment Corp. (‘00.3)Sep 19981st Korea Business Development Center opened:(as for 2009, 17 KBDC opened)Mar 2005Business Support Center opened in QingdaoJun 2006Technology Cooperation Center opened in NovosibirskJan 2007Korea Desk opened : Indonesia (‘07.1), Philippines (‘08.2)Jan 2009Management of APEC SMEIC transferred to SBC
13 organization President Secretary Auditing Office Senior Vice President 18 Departments23 Regional Offices2 Overseas Industry Technology Cooperation Centers2 Korea Desks761 EmployeesorganizationPresidentAuditing OfficeSecretarySenior Vice PresidentCustomerSatisfactionPublic RelationsVice PresidentPlanning &CoordinationManagementInnovationFund ManagementInfo SystemRegionalOffices(23)Vice PresidentCorporateFinanceCreditManagementVice PresidentMarketingAssistanceGlobalCooperatione-BusinessResearch &PublicationsVice PresidentVice PresidentAuditTechnologyCooperationSME TechnologySupport CenterEnterpriseRestructuringCenterTrade AdjustmentAssociation CenterTrainingManagementInstructorsGroupInstitutesOverseas Industry and Technology Cooperation Centers- Novosibirsk Technology Cooperation Center- Qingdao Business Support CenterKorea Desk- The Philippines in BOI and Indonesia in BKPM, PNMAnsanHonamDaegu-KyungbukBusan-KyungnamSeoul, Pusan, Daegu-Kyeongbuk, Incheon,Gwangju-Jeonnam, Daejun-Chungnam, Ulsan,Kyeonggi, Kyeonggi Northern Branch,Chungbuk, Jeonbuk, Kyeongnam, Kangwon,Kangwon-Yeongdong Branch, Jeju, etc.
14 Non-Financial Programs Major programs of sbcFinancial ProgramsNon-Financial Programs
15 financial programs Long-term, low-interest loans for (Unit : US$1 mil)Long-term, low-interest loans forLoan period : 5 to 9 yearsInterest rate : 3.84%, -4.74%, subject to loan programsLoan limit : up to US$4mil. per yearProgramsBudgetVenture Business Start-ups1,000Commercialization of R&D Results258Promotion of the new growth industries1,210Local Industry Development Program300Mgmt Stabilization700Industrial Structure Adjustment Program147Issuance of ABS40Subtotal3,655Micro-business Loans600Total4,255
16 Venture Business Start-up Program financial programsVenture Business Start-up ProgramProvides financing for venture firms in their start-up and early growth stagesEligible for supportSMEs having started up their businesses in under 7 yearsThose in the preparation stages of starting a businessFY2009 : US$1,000 Million
17 Commercialization of R&D Results financial programsCommercialization of R&D ResultsProvides financing for eligible SMEs preparing to commercialize their intellectual proprietorship, the R&D results from national projects, and/or industrial-academic R&D institute joint research projectsFY 2009 : US$258 Million
19 Global Cooperation Program Non-financial programsGlobal Cooperation ProgramInvestment SeminarsOverseas MissionsConsulting on Laws,Regulations, andContract NegotiationLocal NetworksIdentifying Partners /Match-MakingAPEC SME Innovation Center
20 Global Cooperation Program Non-financial programsGlobal Cooperation ProgramIndustrial Coordinator Exchange ProgramSBC exchanges industrial coordinators with overseas organizations in Italy, Spain, Russia, Mongolia, South Africa, and China to develop and assist business initiatives, exchange information and more.
21 Non-financial programs Overseas NetworkIndustry and Technology Cooperation CentersNovosibirsk Technology Cooperation CenterQingdao Business Support Center in ChinaKorea DesksBOI in the Philippines, BKPM and PNM in IndonesiaInternational Counterparts Organizations175 organizations in 50 countries
22 Marketing Assistance Program Non-financial programsMarketing Assistance ProgramKorea Business Development CenterOver 17 KBDCs located across 11 countriesPrivate Marketing Assistance Centers95 centers in 29 countriesOnline marketplace for overseas buyersDaily visits: 908,000
23 Consulting Services Program Non-financial programsConsulting Services ProgramProvide comprehensive customized support based on business conditions via on-site diagnosis & consulting3,600 companies in 2008Provide Itn’l Engineering Placement ProgramSearches & links highly skilled international engineers with promising Korean SMEs in need of the engineering skills and experience.
24 Consulting Services Program Non-financial programsConsulting Services ProgramIdea Commercialization ProgramFor start-up companies, SBC provides a complete package of assistance in commercializing ideas of SMEs, from product development to marketingNew Product Development Assistance ProgramSMEs can use the rapid proto-typing system at SBC for new product development, all the way from initial design to actual proto-type application
25 Non-financial programs Information ServicesOnline:Business information, DB of prospective SMEs, Q & A ServiceMonthly publications: Kiopnara / Tech Times Research and policy studies
26 Non-financial programs Training ServicesConducting production-oriented practical, technical and mgmt training to foster competitiveness growth based on improved HR qualityAnnual training performance : 70,000 trainees at 5 training institutesPhoto : Small Business Training Institute (SBTI) in Ansan City
28 Definition of smes in Korea IndustrySmall & Medium-sized EnterprisesEmployeesPaid-in Capital. RevenueManufacturingLess than 3008 million USD or less (paid-in capital)Transportation, Mining & Construction3 million USD or less(paid-in capital)Retail, Hotel, etc.30 million USD or less(revenue)Fishery, Film, Hospital, etc.Less than 20020 million USD or lessWholesale, Service, etc.Less than 10010 million USD or lessOthersLess than 505 million USD or lessSource : The Framework Act on SMEs
29 Economic importance of Korean smes No. of CompaniesNo. of EmployeesSMEs : 3,017,787 (99.9%)Total : 3,022,053SMEs : 3,017,787 (99.9%)Total : 12,445,088SMEs : 10,884,650 (87.5%)SMEs : 10,884,650 (87.5%)Source : The National Statistics Office, Survey Report on Basic statistics of Businesses in Korea(2006)