Ministry of SMEs & Startups
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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Ministry of SMEs and Startups Hosts ‘Youth Startup Go To Global’ to Empower Korean Startups Striving for Global Market
The Korean Ministry of SMEs and Startups (MSS) led by Minister Lee Young, recently held the 'Youth Startup Go To Global' inauguration...
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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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South Korea’s Venture Investment Plummets by 42% in H1 2023, Amidst Global Caution
The landscape of venture investment in South Korea has witnessed a marked shift in the first half of this year,...
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...
Read moreSouth Korea Launches ‘Regional Angel Investment Fund’ to Boost Non-Metropolitan Startups
The Ministry of SMEs and Startups in South Korea recently introduced the 'Regional Angel Investment Fund' to encourage initial investments...
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South Korea & Saudi Arabia Create $160 Million Joint Fund to Foster Startups & Investment Cooperation
To enhance startup support and investment cooperation, South Korea and Saudi Arabia have announced the creation of a joint fund...
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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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Ministry of SMEs & Startups unveils “Fostering Plans for Entrepreneurial Small Business Owners” to empower local brands
Minister Lee Young of the Ministry of SMEs and Startups revealed a new policy called 'Fostering Plans for Entrepreneurial Small...
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