Korea Counters U.S. Tariffs with $3.4B SME Relief Package: New Logistics Voucher and K-Beauty Export Hubs
Korean SMEs are bracing for higher costs and trade disruption under new reciprocal U.S. tariffs. In response, Seoul has unveiled ...
Tag: Ministry of SMEs and Startups (MSS)
Korea Expands Global Venture Investment Hubs, Eyes Middle East for Startup Growth
Capital and connections are expanding beyond Silicon Valley, Shanghai, and other traditional markets for Korean startups. As global venture capital ...
Korea Moves to Define ‘Broker vs. Consultant’ as MSS Prepares Bill on Third-Party Intervention
The role of third-party intermediaries in government support programs is drawing closer scrutiny within Korea’s maturing startup ecosystem. With founders ...
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 ...
APEC SME Week 2025 Opens in Jeju: Ministers and 5,000 Delegates Unite to Shape Next-Gen Growth Strategies
Jeju has become the focal point for the Asia-Pacific’s SME agenda this week. APEC SME Week 2025, running September 1–5, ...
Boosting Startup Exits: Korea’s Pension Fund Pool Commits ₩40B ($29M) in First-Ever Venture Investment
For the first time since its establishment in 2001, Korea’s Pension Fund Pool is stepping into venture capital. With a ...
Korea–Peru APEC Talks Highlight SME Cooperation and Latin America Expansion Opportunities
As South Korea prepares to host the 31st APEC SME Ministerial Meeting in Jeju this September, Seoul is deepening cooperation ...
First Foreign Unicorn in Sight: Expanded Startup Korea Special Visa, Regional Hubs, and Tailored Founder Support
A year after launching the Global Startup Center, South Korea is doubling down on inbound startup growth with expanded policies ...
MSS Selects 60 LICORN Firms to Position Korean SMEs in Global Startup Pipeline
Korea is highlighting the view that the next generation of unicorns may emerge from today’s small businesses. Through the MSS ...
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. ...