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MSS

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Minister of SMEs and Startups Oh Young-ju outlines the ministry's plans to support domestic AI startups and stimulate investment at a press briefing held in southern Seoul on Wednesday. [MINISTRY OF SMES AND STARTUPS]

Startup Ministry lays out plan to spur $722 million in AI investment

The Ministry of SMEs and Startups introduced a plan to ramp up AI investments to 1 trillion won by 2027 among both the public and private sector.

2024.7.10

Minister Oh Young-ju of SMEs an Startups, fourth from left at the front row, poses with domestic entrepreneurs and investors active in the United Arab Emirates at a forum held in central Seoul on Wednesday. [MSS]

Investors call for strategic planning for UAE-linked businesses

Investors called for a global approach to support for local businesses in the UAE at a forum hosted by the SME Ministry.

2024.6.19

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Deputy Minister Lim Jung-wook of SMEs and Startups speaks during a press briefing held at the Government Complex Seoul in Jongno District, central Seoul, on Monday. [YONHAP]

100-billion-won 'business ventures' grow in number and in sales

One-hundred and eight new companies entered the 100-billion-won club for the first time, a record figure.

2022.11.21

Lee Young, Minister of SMEs and Startups, speaks at the ComeUp 2022 start-up festival Wednesday, in Dongdaemun District, eastern Seoul. [MINISTRY OF SMES AND STARTUPS]

Start-up conference held at a very troubled time

The ComeUp Festival, Korea’s biggest start-up event, kicked off Wednesday at Dongdaemun Design Plaza in Dongdaemun District, eastern Seoul.

2022.11.9