South Korea announced comprehensive policy directions for SMEs focusing on innovation, regional growth, and fair competition.
Key changes include expanded R&D support, regional talent programs, and stronger protections against unfair practices.
The policies were presented on March 20, 2026, with implementation beginning in 2024 and new laws planned for the first half of the year.
The South Korean government announced a new policy to strengthen SMEs through innovation, regional support, and fair market practices.
Key measures include expanded R&D funding, regional talent programs, and enhanced protections for SMEs.
The policy direction was presented on March 20, 2026, and implementation is underway.
South Korea held a policy dialogue to announce new directions for SME support.
Key changes include expanded R&D, regional talent programs, and fair market reforms.
The policies were presented on June 20, 2024, and are now being implemented.
South Korea announced a comprehensive policy direction for SMEs focusing on innovation, regional talent, and fair competition.
Key changes include expanded R&D support, regional workforce initiatives, and strengthened measures against unfair practices.
The policies were presented on the 20th at a high-level meeting with over 170 stakeholders and are being implemented in 2024.
South Korea’s Ministry of SMEs and Startups convened a meeting to address export disruptions caused by the Middle East situation.
New emergency logistics vouchers and special loan extensions are being introduced to support affected small and medium enterprises.
These measures are being implemented in March 2026 following a surge in reported export difficulties.
South Korea’s Ministry of SMEs and Startups is intensifying efforts to prevent third-party interference in SME support programs.
Key measures include collaboration with private platforms, digitalization of application processes, and new R&D support schemes.
These initiatives were reviewed and advanced at the third TF meeting held on February 6, 2026.