Gangwon Land will raise funds for the development of new technologies for small and medium-sized Korean companies.
Gangwon Land signed a business agreement with the Ministry of SMEs and Startups and the Korea Small and Medium-Sized Agricultural and Fishery Cooperation Foundation at the High1 Grand Hotel on the 20th to create a "purchase conditional joint R&D fund" worth 4 billion won.
The agreement was promoted to help Gangwon Land and the Ministry of SMEs and Startups raise 2 billion won each in funds and use them to develop new technologies.
The Large, Small and Medium-sized Agricultural Cooperation Foundation will be in charge of opening and operating accounts, contributing funds, and follow-up management of the Convention Fund.
Through this agreement, Kangwon Land will provide funds to small and medium-sized companies that develop technologies and parts necessary for slot machine manufacturing projects in cooperation with the Ministry of SMEs and Startups.