KH Medical Co., Ltd. has certified by the Ministry of SMEs and Startups, Republic of Korea as a Technology Innovation-Oriented Small and Medium Enterprise (Inno-Biz) in accordance with the Act on the Promotion of Technology Innovation of Small and Medium Enterprises on Jan. 13, 2022. KH Medical Co., Ltd has appointed with Grade “AA” Inno-Biz Company for its exceptional mastery.
What is Inno-Biz?
The term 'Inno-Biz' was coined by combining the words innovation and business. Inno-Biz refers to tech SMEs equipped with competitive edge based on their innovation capabilities.
It is characterized by the importance of future growth rather than past performance in selecting based on technological competitiveness and internal stability through research and development. As the new paradigm of increasing corporate and national competitiveness through technological innovation around the world is emerging, developed countries such as the United States, Germany, and OECD countries have implemented full support policies at the government level since 1995 as the core of national competitiveness.
Inno-Biz is given to technology-innovative SMEs that have secured competitive advantages based on differentiated technology. Technology innovation, Technology commercialization, Technology innovation management, Technology innovation performance, Technology innovation system evaluation in four areas and on-site inspection by professionals. Among them, the AA grade must meet the requirements of 800 or more out of the final score of 1000 and the technology possessed within the top 5% of the relevant field.
KH Medical Co., Ltd. was evaluated for its top-level technical skills with excellent scores evenly in all fields.