✉news BusinessStartups first seen 1 h ago, last 37 min ago, peak #19

Lee government shifts Korea SME aid toward tech and startups

Original: Lee government shifts SME aid to tech and startups, trims loans and jobs in Korea - CHOSUNBIZ

South Korea's government under President Lee is restructuring its support for small and medium-sized enterprises, directing more funding toward technology development and startups while cutting back on loan programmes and job-related subsidies. The reorientation signals a policy preference for innovation-driven growth over traditional employment and financing support, and is drawing attention as businesses assess how the changes will affect their access to public assistance.

Why now: A newly announced government policy change affects how Korean small businesses receive subsidies and funding.

Lee Jae-myungSouth KoreaChosunbiz

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• Lee government shifts SME aid to tech and startups, trims loans and jobs in Korea - CHOSUNBIZ · Chosunbiz

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