[2025-12-19]South Korea to Boost Youth Entrepreneurship and SME Growth
The Ministry of SMEs and Startups announced policies to foster 10,000 youth-led local startups and strengthen support for small businesses from next year.
Key initiatives include expanding regional growth funds to 3.5 trillion KRW, creating smart factories, and supporting re-entrepreneurship and AI-based management analysis.
The ministry aims to transition from aid-based to growth-oriented policies, focusing on revitalizing local economies and promoting fair business ecosystems.