Preferential Policy Financing Support for Recommended Companies in 14 Sectors Including Semiconductors
The Ministry of Trade, Industry and Energy is recruiting recommended companies for preferential policy financing in 14 industrial sectors, including semiconductors, displays, batteries, future cars, nuclear power, hydrogen, aerospace, carbon, shipbuilding, steel, textiles, optics, machinery, and electricity. Recommended companies can receive preferential financial support such as additional interest rate reductions after expedited loan screening by the Korea Development Bank, Industrial Bank of Korea, and Korea Credit Guarantee Fund.
The preferential policy financing support is a follow-up measure to the 2024 policy financing fund supply direction announced by the Ministry of Trade, Industry and Energy, the Financial Services Commission, and policy financial institutions at the Policy Finance Support Council. This year, nuclear power and textile industries have been newly added, and recommended companies are being recruited in 14 industrial sectors.
The selection criteria for recommended companies have been prepared reflecting the characteristics of each industry, targeting companies with outstanding innovation and growth potential. Detailed information can be found in the announcement section on the Ministry of Trade, Industry and Energy website.
Hot Picks Today
"Stocks Are Not Taxed, but Annual Crypto Gains Over 2.5 Million Won to Be Taxed Next Year... Investors Push Back"
- "Even With a 90 Million Won Salary and Bonuses, It Doesn’t Feel Like Much"... A Latecomer Rookie Who Beat 70 to 1 Odds [Scientists Are Disappearing] ③
- "Who Is Visiting Japan These Days?" The Once-Crowded Tourist Spots Empty Out... What's Happening?
- "Am I Really in the Top 30%?" and "Worried About My Girlfriend in the Bottom 70%"... Buzz Over High Oil Price Relief Fund
- "It Has Now Crossed Borders": No Vaccine or Treatment as Bundibugyo Ebola Variant Spreads [Reading Science]
Applicant companies must submit the application form and supporting documents proving eligibility for the recommendation criteria to the relevant industry agency by the 27th. The list of recommended companies meeting the criteria will be forwarded to policy financial institutions, which will conduct screening and provide preferential support. Last year's recommended companies (123 companies) can receive preferential support through screening by policy financial institutions this year without a separate application.
© The Asia Business Daily(www.asiae.co.kr). All rights reserved.
