Back to state act
Back to state act
Description
On 11 March 2024, the South Korean Ministry of SMEs and Startups (MSS) launched a KRW 300 billion (USD 218.3 million) interest payment subsidy scheme to support South Korean SMEs that are faced with h...
Intervention Details
Intervention Type
Interest payment subsidy
MAST Chapter
L: Subsidies (excl. export subsidies)
Implementation date
18 Mar 2024
Revocation date
31 Dec 2024
Implementation level
National
Affected flow
Inward
Announced as temporary
Yes
Eligible firms
SMEs
Affected Sectors
Affected Products