The Korea Technology Finance Corporation (KOTEC) has announced a new special guarantee to support research and development (R&D) activities among small and medium-sized enterprises (SMEs). The guarantee is designed to support companies selected for the ‘Certification and Demonstration Achievement Type Projects’ under the Ministry of SMEs and Startups’ ‘Small and Medium Enterprise Technology Innovation Development Project’. KOTEC will provide special guarantees of up to 300 million won, within 50% of the government-supported R&D expenses, to SMEs undertaking these projects, and companies that receive a successful certification and demonstration judgment will also be eligible for up to 3 billion won in follow-up commercialization funds.
Original Article: Read More
Auto-posted at: 2025-05-23 09:05:50