Announcement
20 Apr 2023
In April 2023, Korean Financial Services Commission and the Ministry for SMEs and Startups announced the "Innovative Venture and Startup Funding and Competitiveness Enhancement Plan" to support Korean startups and venture businesses.
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Number of interventions
6
6 certainly harmful
0 likely harmful
0 liberalising
List of interventions
Implementation date
20 Apr 2023
Revocation date:
No revocation date
Updated: 20 Apr 2023
Financial investment support
In force
On 20 April 2023, the South Korean Government announced that the Industrial Bank of Korea will provide funds worth more than KRW 2 trillion (USD 1.5 billion) "aimed at investing in ventures and start-...
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Updated: 20 Apr 2023
Financial investment support
In force
On 20 April 2023, the South Korean Government announced the establishment of funds worth KRW 1.5 trillion (USD 1.1 billion) to facilitate investments into South Korean startups, irrespective of sector...
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Updated: 20 Apr 2023
Financial investment support
In force
On 20 April 2023, the South Korean Government announced the establishment of funds worth KRW 1.5 trillion (USD 1.1 billion) to facilitate investments into South Korean startups, irrespective of sector...
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Updated: 20 Apr 2023
State loan
In force
On 20 April 2023, the South Korean Government announced providing support worth KRW 2.2 trillion (USD 1.7 billion) in loans to South Korean startups, irrespective of sector. The support is designed to...
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Updated: 20 Apr 2023
State loan
In force
On 20 April 2023, the South Korean Government announced providing support worth KRW 2.2 trillion (USD 1.7 billion) in loans to South Korean startups, irrespective of sector. The support is designed to...
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Updated: 20 Apr 2023
State aid, unspecified
In force
On 20 April 2023, the South Korean Government announced providing funding worth KRW 4.7 trillion (USD 3.6 billion) to research and development (R&D) projects to South Korean startups in the early ...
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