In October 2020, Kosko Paper was selected as a company eligible for TIPS of technology funding for venture companies run by the Korea Angel Investment Association and the Small and Medium Business Administration. The TIPS Fund is a fund that helps high-tech companies grow, and is known for its high competition rate, accounting for only 30% of the annual selection rate.
Also being selected for the TIPS is significant because it means that the company's unique technology has been verified and recognized by the Angel Association and the Small and Medium Business Administration, two public agencies.
With the TIPS funding it will receive this time, Kosko Paper plans to upgrade its coating technology to further expand the scope of application of eco-friendly coating packaging.