Behind Korea’s Record SME R&D Budget: Growth Ambitions, Structural Loopholes, and the Global Trust Test
Korea is entering a defining moment in its innovation policy. With a record KRW 2.2 trillion SME R&D budget, the ...
Tag: Government Budget
$1.6B SME R&D Budget Record: Korea’s Shifts to ‘Market-Driven Innovation’
South Korea is raising the stakes in its innovation strategy, directing record funds toward startups and SMEs at a time ...
NEXT UNICORN Project: Korea’s ₩610B ($445M) Initiative to Scale AI and Deep Tech Startups into Global Players
After weeks of discussions and preview, South Korea has finally unveiled more about NEXT UNICORN Project, one of its most ...
Korea’s New Startup & Venture Policy Vision: Stronger Funds, Tax Reforms, Deep Tech Focus for Top 4 Global Ranking
South Korea is charting its next chapter in innovation policy. The Ministry of SMEs and Startups (MSS) unveiled a comprehensive ...
Korea’s Record 2026 Startup Budget: Can ₩1.1T (~$800M) Mother Fund Deliver Global Unicorns?
South Korea has unveiled its most ambitious startup budget to date, expanding state-backed venture funding to unprecedented levels. With the ...
Korea’s Expanded ₩150T (~$110B) National Growth Fund: Scale for Conglomerates or Lifeline for Startups?
South Korea has expanded one of its most ambitious investment programs to date: a ₩150 trillion (~$110 billion) National Growth ...
15 Venture Funds Selected as Korea Commits US$430M to AI & Deep-Tech Unicorns
South Korea is doubling down on artificial intelligence (AI) and deep-tech as the country sharpens its unicorn strategy. The Ministry ...
Meet Korea’s 15 Pre-Unicorn Startups for 2025: AI, Bio, and Fintech Power the Next Unicorn Wave
South Korea is sharpening its unicorn pipeline with the selection of 15 Pre-Unicorn startups for 2025, spanning AI, biotech, fintech, ...
Zombie Startups Phenomenon: Nearly Half of Korea’s Sanctioned R&D Firms Collapsed
With Korea’s startup ecosystem continues to depend on government-backed R&D programs, new data reveals a stark reality: nearly half of ...
New $74M Busan Innovation Scale-Up Fund Targets $147M in Startup Investment for Regional Growth
Korea is accelerating efforts to decentralize startup investment beyond Seoul. With the launch of the ₩101.1B ($74M) Busan Innovation Scale-Up ...