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Baby Unicorn — Market Development Funding

Baby Unicorn — Market Development Funding

Funds Korean venture-stage companies with market-development support and loan guarantees to accelerate scaling.

Between cyclesKorea Technology Finance Corporation (KIBO / KOTEC)South Korea
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About

The Baby Unicorn program is a scaleup support initiative of South Korea's Ministry of SMEs and Startups (MSS), administered jointly by the Korea Technology Finance Corporation (KIBO/KOTEC) and the Korea Institute of Startup and Entrepreneurship Development (KISED). It targets venture-stage Korean companies that have achieved cumulative investment of between KRW 2 billion and KRW 10 billion, or a v…

What this grant funds

Combines up to KRW 300 million in market-development funding with up to KRW 5 billion in special loan guarantees for venture-stage Korean companies targeting unicorn scale.

Key facts
CycleiHow often this grant runs — e.g. annually, on a rolling basis, or a one-off call.Annual
Next deadlineiThe next date applications are due. Rolling means you can apply any time.—
Decision timeiTypical time from the deadline to the funder's decision.—
Project durationiHow long the funded work is expected to run.—
Award typeiThe form of funding — grant, equity, loan, tax credit, etc.Loan
Match fundingiThe share of project costs you must cover yourself. 0% = fully funded.0%
Funding pooliThe total budget available across all awards in this round.—
Funding analytics

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Industries

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Eligibility criteria

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Last verified: 24 Jul 2026Source: koreatechdesk.com