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Republic of Korea: Government allocates KRW 438 billion in Smart Korea Fund

Description

On 20 July 2020, the Korean Ministry for SMEs and Startups allocated KRW 438 billion (USD 368 million) to the Smart Korea Fund, a financial grant scheme that supports any small and medium-sized busine...

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Intervention Details

Intervention Type

Financial grant

MAST Chapter

L: Subsidies (excl. export subsidies)

Implementation date

20 Jul 2020

Revocation date

No revocation date

Implementation level

National

Affected flow

Inward

Announced as temporary

No

Eligible firms

SMEs

Affected Trading Partners

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Affected Products

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