Government Policies
Gangnam-gu Empowers Startups with Global Initiatives for Innovation and Growth
Gangnam-gu, a district renowned as a vibrant center for dreams and innovation in South Korea, is taking bold steps to...
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Seoul Vision Fund 2030 Targets to Raise Half of 5 Trillion Won ($3. 64 billion) for Future Industries in 2024
The Seoul Metropolitan Government is advancing its ambitious initiative, the 'Seoul Vision 2030 Fund’, to drive innovation and propel Korean...
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Survey Reveals 70% of Korean Venture Companies Oppose the Proposed ‘Platform Regulation’ Act
In a climate of fervent debate surrounding the proposed 'Platform Competition Promotion Act' in South Korea, the Korea Venture Business...
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Korean Ministries Unveil $454 million ‘K-Content/Media Strategy Fund’ to Bolster Industry Growth
In a joint effort to invigorate the Korean content and media industry, the Ministry of Science and ICT and the...
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Empowering Women in Business: Korea’s Ministry of SMEs and Startups Leads the Way
In a significant stride towards fostering gender equality and economic growth, South Korea's Ministry of SMEs and Startups has launched...
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Data Dillema: Government vs. Private Reports Reveal Contrasting Perspectives on South Korea’s Venture Investment
A recent announcement by the Ministry of SMEs and Startups on the '2023 domestic venture investment and fund formation trends'...
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Korean Ministry of Agriculture Launches Agri-Food Venture Fund to Boost Agri-Tech Startups
In a landmark move to invigorate the agri-tech sector, the Korean Ministry of Agriculture, Food and Rural Affairs has unveiled...
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Ministry of SMEs and Startups Seeks 121 Companies for ‘2024 Super Gap Startup Promotion Project’
With a steadfast commitment to fostering innovation and entrepreneurship, particularly in fields such as system semiconductors and artificial intelligence (AI),...
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South Korea’s Ministry of SMEs and Startups to Pump Record $684 Million to Revive Venture Investment in 1st Quarter
In response to a chilling investment climate plaguing the startup ecosystem, the Korean Ministry of SMEs and Startups has embarked...
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Survey Reveals 52% of Korean Startups Anticipate Negative Impact from Proposed Platform Regulation
In December 2023, the South Korean government announced its intention to introduce regulations targeting major online platform companies, with the...
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by Aditi Dave . 24 Jan 2025 
by Dae-jung Park . 28 Jan 2025