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SME Policy Fund

SME Policy Fund

Funds Korean startups and small and medium-sized enterprises through low-interest loans managed by KOSME and the Ministry of enterprise and innovation support.

OpenMinistry of SMEs and StartupsSouth Korea
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About

The SME Policy Fund is South Korea's primary government-backed loan facility for startups and small and medium enterprises, operated by KOSME (Korea SMEs and Startups Agency) under the Ministry of SMEs and Startups (MSS). In 2026, the fund allocates KRW 4.4313 trillion — approximately USD 3.3 billion — split between KRW 4.0643 trillion in direct loans and KRW 367 billion in interest subsidies on p…

What this grant funds

Government-backed low-interest loan facility totalling KRW 4.4 trillion for Korean startups and SMEs, with AI transformation, K-beauty, and regional growth sub-tracks.

Key facts
CycleiHow often this grant runs — e.g. annually, on a rolling basis, or a one-off call.Rolling
Next deadlineiThe next date applications are due. Rolling means you can apply any time.Rolling
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.â‚©4431.3B
Funding analytics

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Eligibility criteria

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Application process

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Last verified: 24 Jul 2026Source: www.kosme.or.kr