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11/05/2019 HYU News > Event > ERICA


Korea's first Gyeonggi-Russia Technology Cooperation Center opened at Hanyang ERICA Campus

Full-fledged activities initiated, along with the opening ceremony on Oct 31,... Business agreements signed with five related agencies


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The Gyeonggi-Russia Technology Cooperation Center was established on Hanyang University's ERICA Campus for the first time in the nation. The center was established to strengthen technological cooperation with Russia, a technology powerhouse in the fourth industrial sector. Following the opening ceremony on October 31st, it was launched at the Center for Business Incubation and initiated full-fledged activities.

▲ Source of the photo: Gyeonggi-do

Gyeonggi-do will promote technological cooperation with Russia, mainly in ‘Gyeonggi-Russia Technology Cooperation Center.’ It plans to establish a bridgehead to enter the global market and secure ‘new growth engines’ by allowing small and medium-sized enterprises in the province to advance technology.

The opening ceremony of the ‘Gyeonggi-Russia Technology Cooperation Center’ was held at 11am on October 11th at ERICA Campus, Hanyang University. The meeting was attended by more than 150 participants including Kim Woo-seung, the president of Hanyang University, Lee Jae-myeong, the Gyeonggi Governor, and 20 Russian government agencies and companies, including Mikhail Bondarenko, Trade Representative of Russia, and Valentin Makarov, the chairman of Russoft. 

Governor Lee Jae-myeong said, “The global economy has difficulties in various aspects, but I think it may be caused by the fact that our resources and technologies are not fully utilized.” He added, “If Gyeonggi-do has a good relationship with Russia, which has the most source technology for high-tech industries, we can commercialize Russia's original technology.”

Russia's Trade Representative, Mikhail Bondarenko, said, ‘Gyeonggi-Russia Technology Cooperation Center’ is a solid foundation for mutually beneficial relations and a fruit of Russia and Gyeonggi-do's desire for scientific and technological cooperation.” “I am confident that this relationship makes a platform that links Gyeonggi and Russian entrepreneurs and creates opportunities for cooperation in cutting-edge science and technology.”

In the opening ceremony, the 'Business agreement for the success of Russia's innovative technology utilization business' was signed among five related organizations, including Gyeonggi-do, Hanyang University's ERICA Campus, the Gyeonggi Techno Park, Hana Financial Investment, and the Korea-Russia Business Council for the full support of technological cooperation with Russia. 

Following the agreement, the center not only established and operated the center but also provided administrative and financial support. Hanyang University provided an entrepreneurship space and promoted university-industrial cooperation. 

At the same time, Hana Finance Investment will support financial and investment consultations, match Gyeonggi-do and Russian companies, and create a “Korea-Russian Joint Fund.” Moreover, the Korea-Russia Business Council will be matching technology appropriately to the enterprise and for consulting on technological cooperation. 

The Gyeonggi-Russia Technology Cooperation Center was arranged on the 1st and 5th floors of Hanyang University's Center for Business Incubation. On the 1st floor, the ‘Innovative Technology Products Exhibition Hall’ displays Russian IT, new materials, optics, robots, and VR products, and on the 5th floor, the center has an office space and a corporate resident space. The center is equipped with the optimum conditions for small and medium-sized enterprises in Gyeonggi-do. There are Russian-speaking, dedicated personnel with a network of Korean-Russian companies, as well as Russian technology corporations, Hana Financial Investment, and private consulting support companies. 

In particular, as the Gyeonggi-Russia Technology Cooperation Center is located in the R & D Zone in InnoTown, which leads the fourth industry, it is expected to produce strong synergies through close cooperation with Hanyang University, research institutes, and startups.

The Hanyang Global News Team   -
*With translation by Hyejeong Park
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