Recruitment of Companies for Export Voucher Program... Supporting SMEs' Global Expansion

Support Services in 14 Areas Necessary for Export Activities

On the 30th, the Ministry of SMEs and Startups announced that it is recruiting companies to participate in the Export Voucher Program to support domestic and export-oriented SMEs in entering the global market.

This program supports SMEs in utilizing necessary services during their global market entry process to promote the export transformation of domestic companies and increase exports of export SMEs. Selected companies can freely choose from 14 services such as design development, promotion, buyer discovery, overseas certification, and international shipping cost support within the voucher issuance amount composed of government subsidies and company contributions.

In this first recruitment, about 2,400 companies will be selected from all SMEs, categorized based on last year's export performance into stages: Domestic (companies with no export performance or less than $1,000 last year), Beginner (export amount between $1,000 and less than $100,000), Promising (export amount between $100,000 and less than $1 million), Growth (export amount between $1 million and less than $5 million), and Strong (export amount of $5 million or more). Support will range from 30 million KRW to a maximum of 100 million KRW depending on the scale.

In particular, in 2025, preferential support will be provided to innovative domestic companies with high export growth potential, companies successful in diversifying export countries, and high-growth export companies. The 2025 Export Voucher Program will have a total of four recruitment announcements, including this first recruitment. In March, two types of recruitment announcements are planned: the ‘Tech Service Dedicated Track’ for tech service companies and the ‘Regional Specialization Project Legend 50+ Track’ for companies participating in regional specialization projects. The second recruitment announcement for all SMEs is scheduled for May.

The Ministry of SMEs and Startups is also recruiting companies to participate in the ‘Global Strong SMEs 1000+ Project.’ This system designates SMEs with export amounts of $100,000 or more this year that have high growth potential and provides preferential support for overseas expansion support projects and various financial supports such as policy funds in cooperation with about 20 export support organizations. Companies are selected in four stages based on export performance, and for companies designated as Global Strong and Global Strong+ stages, regional government support programs based on the company’s location will also be operated.

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