SYP Selected as Operator of TIPS Program by the Ministry of SMEs and S…
Page info
Name admin Views 463 Datetime 24-07-26 15:01SYP has been selected as an operator of the TIPS program by the Ministry of SMEs and Startups.
SYP is also active as the lead organizer for investment attraction in the Scale-Up TIPS and the Super Gap 1000+ projects, providing comprehensive support for the entire technology commercialization cycle. The TIPS program is a government-led initiative by the Ministry of SMEs and Startups to discover promising startups and support them with mentoring, investment, and networking. SYP helps startups succeed in the global market based on its expertise in intellectual property, investment, and commercialization support. In particular, SYP provides assistance throughout all stages of technology commercialization, greatly helping startups turn their ideas into actual products or services.
In the selection process for the TIPS operator, SYP formed a consortium with venture capital firms (Sema Investment, Magna Investment, ScaleUp Partners), accelerators (Korea Techno Venture Foundation, Daejeon Center for Creative Economy & Innovation, JNP Global), technology commercialization specialist institutions (Korea Research Industry Association, Institut Pasteur Korea), and global commercialization specialist institutions (GDIN, Startup Colors) to provide comprehensive support throughout the entire cycle. This consortium will help startups achieve successful commercialization and global market entry from the early stages to growth stages.
Sungwook Hong, CEO of SYP, stated, "We are very pleased to be selected as an operator of the TIPS program by the Ministry of SMEs and Startups. Based on SYP's expertise, we will actively support promising startups and contribute to the development of the tech startup ecosystem." He added, "Through this consortium, experts from various fields will collaborate to help startups succeed."
SYP will continue to innovate its support strategies and services to establish itself as a key partner in the startup ecosystem. By doing so, SYP plans to support more startups in successfully operating their businesses and solidify its position as a critical pillar of the tech startup ecosystem.