Baby Unicorn — Market Development Funding
Funds Korean venture-stage companies with market-development support and loan guarantees to accelerate scaling.
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…
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.
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Guides for this application
All guides →Grant Financials and Co-Funding Evidence: Examples for Startup Applications
See examples of grant financials, match funding evidence, co-funding tables, accountant letters, investor commitments, and budget-to-work-plan checks.
BudgetGrant Budget Template for R&D Applications
Use this grant budget template to structure R&D costs, personnel, subcontractors, equipment, indirect costs, and budget justification for startup grant applications.
DocumentsLetter of Support for Grant Applications: Template and Examples
Learn how to write and request a letter of support for a grant, with template structure, examples, reviewer logic, and common mistakes.
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