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FUNDING & SUPPORT
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FUNDING & SUPPORT
6 Things Companies Should Check Before the August 24 Deadline for the Second Public Institution Verification Support Program
The Ministry of SMEs and Startups (MSS) is accepting applications for the second round of the Public Institution Verification Support Program for R&D products from August 10 to August 24 (Notice No. 2026-497). The program provides up to 30 million won per product, covering 80% of verification costs on a reimbursement basis, where participating companies execute costs first and are later settled after verification by the Korea SMEs and Startups Agency (KOSME). Applications are divided into two tracks: the 'demand-driven' track where public institutions state their needs, and the 'proposal-driven' track where companies designate institutions, with the proposal-driven track limited to one application per product per company. The proposal-driven track requires selecting an institution from a list of 862 public institutions for 2026, followed by passing the institution's confirmation of participation. While verification selection does not guarantee procurement, verification history and official test certificates can potentially be utilized as performance data in subsequent bidding and certification procedures.
이우리 선임기자 · 08/21/2026
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FUNDING & SUPPORT
Government to Select 8,000 Aspiring Founders: Receive 2 Million Won to Start, Up to 1 Billion Won Upon Passing Auditions
이우리 선임기자 · 08/13/2026
FUNDING & SUPPORT
MSS Issues 3 Public Notices in 3 Days: Opens Applications for Bio Challenge and 2nd Round of Logistics Vouchers
이지영 기자 · 06/11/2026
FUNDING & SUPPORT
7 Hidden Conditions Companies Must Check Before Applying for Policy Funds
류현진 선임기자 · 05/27/2026
FUNDING & SUPPORT
13 Trillion Won Released in May: A Comprehensive Guide to Policy Funds for SMEs, Small Businesses, and Startups to Apply for Now
박소유 기자 · 05/06/2026
FUNDING & SUPPORT
Ministry of SMEs and Startups Confirms Extra Budget of KRW 1.69 Trillion… Full-Scale Execution Begins for 'Everyone's Startup', Small Merchants, and Export SMEs
Extra budget confirmed, now it is 'time for execution'. The Ministry of SMEs and Startups (MSS) announced that the first supplementary budget for 2026 has been finalized at a total of KRW 1.6903 trillion following its passage at the plenary session of the National Assembly on April 10. This supplementary budget was prepared to address growing external economic uncertainties and a rapidly changing industrial structure, focusing on minimizing damage to export SMEs, AI transformation for regional small and medium-sized manufacturers, and creating a startup ecosystem for youth job creation.
이지영 기자 · 04/17/2026
FUNDING & SUPPORT
Ministry of SMEs and Startups Supplementary Budget of KRW 1.69 Trillion Passes National Assembly… Total Focus on Exports, Small Merchants, Startups, and AI Transformation
During the second week of April (10th–13th), the policy financing landscape for small and medium-sized enterprises (SMEs) and startups was abuzz. The core driver was the passage of the Ministry of SMEs and Startups' 2026 1st supplementary budget through the plenary session of the National Assembly, finalizing a total budget of KRW 1,690.3 billion.
이우리 기자 · 04/13/2026
FUNDING & SUPPORT
How to Secure the 2026 SME Policy Funds Totaling KRW 4.43 Trillion
1. Overall Scale and Direction of 2026 Policy Funds The total government policy fund supplied for SMEs in 2026 is KRW 4.4313 trillion (approximately KRW 4.43 trillion). This consists of KRW 4.0643 trillion in loans and KRW 367 billion in interest subsidies.
이우리 기자 · 04/02/2026
