Government Policies
South Korea To Introduce Stricter E-Commerce Rules to Empower Small Businesses & Startups
In a significant development aimed at tackling concerns over market dominance and safeguarding small businesses and consumers, South Korea is...
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South Korea’s Venture Landscape at Crossroads: Government’s Sweeping Reform Initiatives & Frozen Funds
In a dynamic juxtaposition of government initiatives and market challenges, South Korea's venture capital (VC) scene is experiencing a pivotal...
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Hana Financial Group Launches 100 Billion Won ($77.3 million) Private Venture Fund with Ministry of SMEs and Startups
In a landmark development for South Korea's venture investment landscape, the Ministry of SMEs and Startups, led by Minister LEE...
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Korean Ministry Unveils $766.5 Million Plan to Supercharge K-Content Industry
In a groundbreaking move to fortify the K-Content industry, the Ministry of Culture, Sports and Tourism announced a robust investment...
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Korean Government Unveils Ambitious Initiatives to Foster Global Startups and Unicorns by 2027
South Korea has set its sights on becoming a global hub for startups and fostering the growth of billion-dollar companies...
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Ministry of SMEs and Startups Reveals ‘Global Fund Management Company Selection Results,’ Propelling Plans for $974 million Investment Surge
In a significant move towards fostering international investment and propelling Korean ventures and startups onto the global stage, the Ministry...
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Seoul Metropolitan Government Launches 5 Trillion Won (3.7 billion USD) ‘Seoul Vision 2030 Fund’ to Foster Startups
In a move to catalyze innovation and propel startups toward success, the Seoul Metropolitan Government has created a 5 trillion...
Read moreKorean Government Announces $ 858 million Investment in 42 Venture Funds to Foster Innovation
The Korean Ministry of SMEs and Startups, in collaboration with eight other ministries, ministries including the Ministry of Education, the...
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South Korea Launches CVC Alliance with 42 Corporations to Drive $6.2 Billion Innovation Boost for Startups
The Korean Ministry of Trade, Industry, and Energy (Ministry of Industry) joined hands with 42 domestic corporate-led venture capital (CVC)...
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Korean Ministry of SMEs and Startups Unveils 51 ‘Baby Unicorn’ Companies Poised for Global Success
The Korean Ministry of SMEs and Startups announced that it has selected 51 'baby unicorn' companies that are highly likely...
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