Customized Corporate Finance Support Plan

맞춤형 기업금융 지원방안

Country

South Korea

State / City

National

Posted date

2024-02-15
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The Financial Services Commission of South Korea has announced the 'Customized Corporate Finance Support Plan'. The plan was introduced to address the financial difficulties of companies and to support their growth in the rapidly changing business environment. It includes a strategic financial support plan of 26 trillion won for advanced industrial companies, a concentrated support plan of 15 trillion won for medium-sized enterprises that have been marginalized in policy support, and a quick normalization and recovery support program for companies and entrepreneurs facing high interest rates and crises. The plan was developed in collaboration with the Ministry of Economy and Finance, the Ministry of Industry, and the Ministry of SMEs and Startups, and with the active participation of commercial banks.

Instrument

Allocation of Funds
Financial Contribution (General)
Loan & Loan Guarantees

Purpose

Aid for industrial property rights costs for SMEs
Aid for technical feasibility studies
Aid in the form of risk capital
Economic resilience
Employment
Innovation
Investment promotion
Job promotion
Self-reliance
National security
Sectoral development

Agency

Financial Services Commission of South Korea

Sector

Cross-sectoral

Data+Law uuid

KOR_03795_Program

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