Korea’s SME Debt Reform Policies: Boost Credit Soundness and Recovery with Broader Market Implications
Korea is moving to overhaul how small business debt is managed, ending the long-standing practice of extending virtually uncollectible loans. ...
Tag: government policies
Korea Launches First Chungnam Venture Fund Worth ₩101.1B ($74M), Boosting Regional Startup Competitiveness
Korea is stepping up efforts to decentralize startup investment beyond Seoul. With the establishment of the Chungnam Venture Fund worth ...
Korea Expands Startup Policy 2025 with Joint Liability Reforms, Aiming for Global Top Four Venture Ecosystem
For years, Korean founders have pointed to joint liability in venture investment as a barrier to second attempts. Hence, the ...
Korea’s ‘Top Four Global Venture Nations’ Strategy Tested on Mother Fund and Pension Financing Reform
South Korea’s ambition to rank among the world’s “Top Four Global Venture Nations” now hinges on startup financing reform. Industry ...
KOCCA and K-Sure Launch Cultural Industry Guarantee to Boost K-Content Global Competitiveness
Korean cultural content has become one of the nation’s strongest exports, but securing financing for overseas expansion remains a challenge. ...
Korea to Expand Venture Investment to ₩40T (~$30B), Strengthening Role in Global Startup Markets
South Korea has set a decade-long target to triple annual venture investment and nurture 50 global unicorns by 2030. Supported ...
Korea Sets Sights on Top Four Global Venture Nations with New Ecosystem and Capital Market Reforms
South Korea is sharpening its venture playbook. SMEs and Startups Minister Han Seong-sook has delivered a 2025 comprehensive plan to ...
Expanded Use of Burden Relief Credit Gives Korean SMEs More Flexibility on Fixed Costs
In a move to improve fixed-cost relief for small businesses, South Korea’s Ministry of SMEs and Startups (MSS) has expanded ...
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 ...
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 ...