4,800 AI Startups Gain Tax Relief as Korea Pushes for World’s “Top 3 AI Powerhouse”
Korea’s National Tax Service (NTS) has unveiled sweeping tax relief for 4,800 artificial intelligence (AI) startups and small to medium-sized ...
Tag: support
Low Returns on $190M Startup Fund Expose Korea’s Policy Inefficiency in Innovation Finance
Korea’s innovation economy depends not only on ambitious startup programs but also on how effectively public capital is managed. A ...
Korea’s SME Services & Policy Face First Major BCP Test After Daejeon Data Center Fire
Korea’s fire incident at National Information Resources Service (NIRS) in Daejeon has now become a defining test of how resilient ...
Korea’s Social Ventures Gain Finance Boost as KIBO and Woori Bank Commit $13.5M in Guarantees
South Korea’s startup ecosystem is turning growing attention to social impact. With financial institutions now aligning around ESG, the latest ...
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 ...
South Korea’s ‘Super Gap Project’ to propel deep-tech startups towards unicorn status with $1.49 billion investment
The Korean Ministry of SMEs and Startups, unveiled its ambitious plan to transform the nation into a global startup leader ...