Jungjingong to Start Accepting Policy Fund Applications from January 2
Support Amounting to 5.1 Trillion KRW in 2025
The Small and Medium Business Corporation announced on the 31st that it will begin accepting applications for policy funds starting from the 2nd of next month, in accordance with the '2025 Small and Medium Enterprise Policy Fund Loan Plan' announcement.
The key support directions for the 2025 SME policy funds are ▲supporting innovative growth and promoting globalization ▲restoring a dynamic economy through building growth ladders ▲supporting business recovery and stabilization ▲reducing policy fund risks and improving support services.
The scale of policy fund support is set at 5.13 trillion KRW, with plans to allocate more than 46% to innovative growth sectors such as semiconductors, and to supply over 40% as facility funds to improve on-site conditions and enhance manufacturing competitiveness.
Additionally, to help export SMEs respond to uncertain domestic and international economic and business environments, the new market entry support fund will be expanded by 193.1 billion KRW compared to the previous year, supplying a total of 382.5 billion KRW. Furthermore, a new fund of 60 billion KRW will be established to support domestic SMEs operating or establishing overseas local subsidiaries.
To support business recovery and stabilization, emergency business stabilization funds will be provided at a scale of 250 billion KRW, an increase of 100 billion KRW from the previous year. Also, to alleviate the financial burden on SMEs in a high-interest rate environment, policy funds using the secondary interest subsidy method will continue to be injected.
In addition, the emergency business stabilization funds and special maturity extension programs, which have been promoted to normalize the management of companies affected by the e-commerce settlement issues involving TMON and WEMAKEPRICE in the second half of last year, will continue to be implemented.
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Kang Seok-jin, Director of the Small and Medium Business Corporation, stated, “Policy funds will faithfully serve as a growth ladder for promising SMEs,” and added, “The Small and Medium Business Corporation will take the lead in actively supporting to resolve the financial difficulties of companies amid the accumulated complex crises.”
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