Announcement
24 Nov 2021
On 24 November 2021, the Ministry for SMEs and Startups launched KRW 1.7 trillion worth of loan schemes targeting SMEs.
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Number of interventions
2
2 certainly harmful
0 likely harmful
0 liberalising
List of interventions
Implementation date
24 Nov 2021
Revocation date:
No revocation date
Announced: 24 Nov 2021
State loan
In force
On 24 November 2021, the Korean Ministry for SMEs and Startups allocated KRW 500 billion (USD 421 million) to a state loan scheme targeting all small and medium-sized enterprises, regardless of the se...
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Announced: 24 Nov 2021
State loan
In force
On 24 November 2021, the Korean Ministry for SMEs and Startups allocated KRW 1.2 trillion (USD 1 billion) to a state loan scheme targeting entrepreneurs, regardless of the sector.
The objective of th...
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Related State Acts
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: 30 Jul 2021
Republic of Korea: Government allocates KRW 3.8 trillion to rent relief loan program
Announced: 30 Jul 2021
Republic of Korea: Government increases loan scheme to SMEs by KRW 200 billion
Announced: 24 Jul 2021
Republic of Korea: Second 2021 supplementary budget worth KRW 34.9 trillion passes at National Assembly
Removed: 30 Jun 2021
Republic of Korea: First 2021 supplementary budget worth KRW 14.9 trillion passes at National Assembly
Announced: 01 Feb 2021
Republic of Korea: Government allocates KRW 12.8 trillion to SME loan scheme
Announced: 30 Dec 2020
Republic of Korea: Government creates Small Businesses Support scheme
Announced: 03 Feb 2020
Republic of Korea: Government invests KRW 4.5 trillion in loan scheme targeting SMEs
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