Sources: KOSME – Everyone’s Startup: 62,000 Applicants | NSSC – 7th Commission Meeting 2026 | Presidential Office – Korean Activist Released
Three Policy Highlights from Korea’s Government — May 22, 2026
1. Everyone’s Startup: 62,000 Applications Set a New Record
The Ministry of SMEs and Startups (KOSME), led by Minister Han Seong-suk, announced on May 22 during a joint Economic Emergency Headquarters meeting and National Startup Era Strategy Conference that the government’s flagship program, “Everyone’s Startup,” received 62,000 applications in its first recruitment round, which closed on May 15. This is the highest number ever recorded for a single national startup support initiative in Korea.
The program is designed to support three categories of aspiring entrepreneurs: first-time challengers, growth-stage startups, and those seeking a second chance after prior failure. The government announced plans to follow up with comprehensive one-stop support covering funding, co-working spaces, mentoring, and policy-linked financing. The next phase will focus on quality follow-through to ensure the unprecedented number of applicants translates into real startup success.
2. Nuclear Safety and Security Commission Holds Its 7th Session of 2026
The Nuclear Safety and Security Commission (NSSC) convened its seventh meeting of 2026, continuing the heightened pace of regulatory activity. Korea’s current government is pursuing a dual-track energy transition strategy: ramping up renewables to 100 GW and extending operation of existing nuclear plants, with new reactor construction under review. The NSSC’s independent oversight role in licensing and safety review is central to maintaining public trust in this strategy. Meeting decisions will be released through official channels following the session.
3. Korean Activist Released After Israeli Seizure of Gaza-Bound Aid Ship
Presidential spokesperson Kang Yu-jeong issued an official briefing on May 21 confirming that a South Korean activist detained by Israel following the seizure of a Gaza-bound humanitarian aid flotilla had been promptly released. The Lee Jae-myung government expressed strong regret over the detention of a Korean national and welcomed the swift release.
The incident highlights the complex diplomatic balancing act Korea faces as more Korean citizens participate in international humanitarian missions. Analysts note this case underscores the need for clearer government protocols to safeguard Koreans engaged in humanitarian work in conflict zones.
Sources: Ministry of SMEs and Startups | Nuclear Safety and Security Commission | Ministry of Foreign Affairs