Announcement
27 Dec 2021
On 27 December 2021, the Ministry for SMEs and Startups allocated more than KRW 5.2 million to subsidy schemes to support small and medium-sized businesses.
Source
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Number of interventions
3
3 certainly harmful
0 likely harmful
0 liberalising
List of interventions
Implementation date
27 Dec 2021
Revocation date:
23 Feb 2022
Announced: 27 Dec 2021
Financial grant
On 27 December 2021, the Korean Ministry for SMEs and Startups invested KRW 3.2 trillion (USD 2.7 billion) in the “Small Business Quarantine Subsidy” scheme, a financial grant scheme targeting small a...
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Announced: 27 Dec 2021
Financial grant
On 27 December 2021, the Korean Ministry for SMEs and Startups invested KRW 3.2 trillion (USD 2.7 billion) in the “Small Business Quarantine Subsidy” scheme, a financial grant scheme targeting small a...
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Implementation date
27 Dec 2021
Revocation date:
No revocation date
Announced: 27 Dec 2021
State loan
In force
On 27 December 2021, the Korean Ministry for SMEs and Startups invested KRW 2 trillion (USD 1.7 billion) in a loan scheme for small and medium-sized businesses not eligible for the “Small Business Qua...
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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
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Republic of Korea: First 2022 supplementary budget worth KRW 16.9 trillion passes at National Assembly
Announced: 24 Nov 2021
Republic of Korea: Government allocates KRW 1.7 trillion to loan schemes targeting SMEs
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Removed: 30 Jun 2021
Republic of Korea: First 2021 supplementary budget worth KRW 14.9 trillion passes at National Assembly
Announced: 02 Mar 2021
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Republic of Korea: Government creates Small Businesses Support scheme
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