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Republic of Korea: Financial Services Commission announces KRW 30 trillion New Start Fund

Description

On 29 August, the Korean Financial Services Commission announced a KRW 30 trillion (approx. USD 22.2 billion) New Start Fund to support self-employed business owners and small merchants to ease their ...

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Intervention Details

Intervention Type

Interest payment subsidy

MAST Chapter

L: Subsidies (excl. export subsidies)

Implementation date

04 Oct 2022

Revocation date

02 Jul 2024

Implementation level

NFI

Affected flow

Inward

Announced as temporary

Yes

Eligible firms

SMEs

Affected Trading Partners

Graph

Table

Affected Sectors

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Affected Products

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