Announcement
02 Mar 2021
On March 2nd, 2021, the Korean Ministry of SMEs and Startups announced the creation of the Support Fund Plus.
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Number of interventions
1
1 certainly harmful
0 likely harmful
0 liberalising
List of interventions
Implementation date
29 Mar 2021
Revocation date:
No revocation date
Announced: 02 Mar 2021
Financial grant
In force
On March 2nd, 2021, the Republic of Korea announced an additional KRW 2.6 trillion (USD 2.3 billion) in cash grant support for small and medium businesses, making the total financing KRW 6.7 trillion ...
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Related State Acts
Announced: 03 Mar 2022
Republic of Korea: Government implements KRW 2.2 trillion Compensation for Losses scheme for the fourth quarter of 2021
Announced: 23 Feb 2022
Republic of Korea: Government implements KRW 10 trillion Second Quarantine Subsidy
Announced: 27 Dec 2021
Republic of Korea: Government provides more than KRW 5.2 trillion in support for SMEs in first Small Business Quarantine Subsidy scheme
Announced: 17 Aug 2021
Republic of Korea: Government launches KRW 4.2 trillion Hope Recovery Fund
Announced: 04 Aug 2021
Republic of Korea: Ministry of SMEs and Startups launches KRW 1 trillion loan guarantee scheme
Removed: 30 Jun 2021
Republic of Korea: First 2021 supplementary budget worth KRW 14.9 trillion passes at National Assembly
Announced: 30 Dec 2020
Republic of Korea: Government creates Small Businesses Support scheme
Announced: 11 Sep 2020
Republic of Korea: Government creates New Hope Fund for SMEs
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