Spacebank, a digital transformation (DX) specialist led by CEO Woney Lee, announced that after being selected as a preliminary high-growth company last year, it has now been selected for the second round of the Ministry of Science and ICT’s SW High-Growth Club Preliminary High-Growth Company Program this year.
The SW High-Growth Club is a tailored support initiative designed to foster the growth of high-potential software companies and create jobs in the era of the Fourth Industrial Revolution. The program identifies both high-growth software companies—defined by the OECD standard as companies with an average annual employment or revenue growth rate of at least 20% over the past three years—and preliminary high-growth companies that have been in business for three to seven years. It then provides support for self-directed business initiatives and global growth programs.
This year, a total of KRW 18 billion will be provided to 95 companies, including newly selected firms and those receiving continued support. Through this program, Spacebank will receive up to KRW 100 million in annual project funding for initiatives designed autonomously by the company, along with tailored expert mentoring, networking opportunities with major domestic and international companies, and investment attraction support.
Woney Lee, CEO of Spacebank, said, “This selection will further accelerate the development of our services, which provide customized solutions optimized for customers across various industries based on a SaaS model. As our technological capabilities and growth potential have been recognized, we will continue striving to accelerate our growth in the global market as well.”
Meanwhile, Spacebank is a DX specialist that provides customer-optimized solutions across a wide range of sectors, including cloud, big data, AIoT, and security and monitoring, all based on a SaaS model. In recognition of its solutions and service models in the DX sector, the company has received consecutive awards at the Korea Software Company Competitiveness Awards, including the Excellence Award in the 23rd Cloud Service category and the Excellence Award in the 21st IT Solution category.
Original article: https://www.datanet.co.kr/news/articleView.html?idxno=193076
Spacebank, a digital transformation (DX) specialist led by CEO Woney Lee, announced that after being selected as a preliminary high-growth company last year, it has now been selected for the second round of the Ministry of Science and ICT’s SW High-Growth Club Preliminary High-Growth Company Program this year.
The SW High-Growth Club is a tailored support initiative designed to foster the growth of high-potential software companies and create jobs in the era of the Fourth Industrial Revolution. The program identifies both high-growth software companies—defined by the OECD standard as companies with an average annual employment or revenue growth rate of at least 20% over the past three years—and preliminary high-growth companies that have been in business for three to seven years. It then provides support for self-directed business initiatives and global growth programs.
This year, a total of KRW 18 billion will be provided to 95 companies, including newly selected firms and those receiving continued support. Through this program, Spacebank will receive up to KRW 100 million in annual project funding for initiatives designed autonomously by the company, along with tailored expert mentoring, networking opportunities with major domestic and international companies, and investment attraction support.
Woney Lee, CEO of Spacebank, said, “This selection will further accelerate the development of our services, which provide customized solutions optimized for customers across various industries based on a SaaS model. As our technological capabilities and growth potential have been recognized, we will continue striving to accelerate our growth in the global market as well.”
Meanwhile, Spacebank is a DX specialist that provides customer-optimized solutions across a wide range of sectors, including cloud, big data, AIoT, and security and monitoring, all based on a SaaS model. In recognition of its solutions and service models in the DX sector, the company has received consecutive awards at the Korea Software Company Competitiveness Awards, including the Excellence Award in the 23rd Cloud Service category and the Excellence Award in the 21st IT Solution category.
Original article: https://www.datanet.co.kr/news/articleView.html?idxno=193076