Ministry of SMEs and Startups, intensive support for 30 social economy enterprises with great growth potential

The Ministry of SMEs and Startups announced today (17th) that they have selected 30 companies to participate in this year’s ‘Social Economy Enterprise Growth Concentration Support Project’.

This project is carried out in collaboration with 10 ministries including the Ministry of SMEs and Startups and the Ministry of Strategy and Finance. The key content is that each ministry will support start-up companies and early-stage companies within three years, and the Ministry of SMEs and Startups will provide intensive support to social economy enterprises with growth potential.

The Ministry of SMEs and Startups is planning to systematically support the selected companies through sales channels, R&D, and consulting. You can receive up to 300 million won per company.

Social economy enterprises are enterprises that solve social problems and contribute to the creation of social values, such as cooperatives, social enterprises, village enterprises, self-support enterprises, and social ventures.

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