Looking for Venture Startup Companies Leading Innovative Growth

Recruitment of Grand Prize Winners for 2022 Venture Startup Merit Awards

Photo by Getty Images Bank

[Asia Economy Reporter Kim Cheol-hyun] The Ministry of SMEs and Startups (Minister Kwon Chil-seung, hereinafter referred to as the Ministry) announced on the 18th that it is recruiting outstanding venture and startup companies, as well as government award candidates who have contributed to South Korea's innovation growth.

The Venture Startup Merit Award is a commendation system established in 1997 to express the government's commitment to promoting ventures and startups and to spread a culture of respect for exemplary small and medium enterprises that have created innovation through challenging spirit.

The award categories include ▲Venture Activation ▲Investment Activation ▲Startup Activation ▲Support Institutions, and through evaluation, approximately 170 awards such as orders of merit, presidential and prime ministerial citations, and ministerial citations from the Ministry of SMEs and Startups will be given.

This year's awards will actively identify venture and startup companies that, despite the difficult economic situation caused by COVID-19, have created more employment than the four major conglomerates and achieved the second-highest sales among domestic companies, as well as contributors from investment and support institutions backing them. Candidates wishing to apply should prepare the required documents such as the commendation dossier and submit them online through the K-Startup website.

This content was produced with the assistance of AI translation services.