청년 창업 지원금 ‘Youth-only start-up fund’ that relieves worries about initial funding for start-ups

청년 창업 지원금Do not work alone! Catch it!

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One of the concerns of young people who challenge entrepreneurship is ‘business funds’. It’s true that you need enough money to showcase your ideas properly. There is a business support policy that can solve these concerns. This is the ‘youth-only start-up fund’.
This fund is a support system that connects the funds necessary for operation and entrepreneurship mentoring so that young people with excellent ideas can stably continue their startups. It can be used as operating funds for management, such as facility funds used for production facilities, distribution, and logistics facilities, start-up costs, and product production costs!

facility funds

Funds required for introduction of production facilities and test inspection equipment
Funds for informatization promotion and service provision, etc.
Funds for process installation and safety evaluation, etc.
Funds for distribution and logistics facilities, etc.
Business site construction funds, land purchase costs, rental deposits
Funds to secure business sites (purchase, auction, public sale)

working capital

Start-up costs, product production costs, and funds required for business management

Youth-only startup funds are supported in the form of loans. In other words, the government provides funding first and repays it later. You can get support at an interest rate that is much lower than the interest rate of commercial banks. Limits are set by industry, so please check the information below!

Loan Conditions for Youth-Only Entrepreneurship Support Fund

limit
Manufacturing (200 million won), non-manufacturing (100 million won)

interest rate
2.0% fixed interest rate

Youth-only start-up support funds can be applied for by prospective entrepreneurs under the age of 39 or young business owners who are running a company with less than 3 years of business experience. To apply, first check your eligibility through the self-diagnosis on the website of the Small and Medium Venture Business Promotion Corporation, and then apply according to the guidelines of 18 youth entrepreneurship centers nationwide. For application-related inquiries, you can get detailed answers by contacting the Small and Medium Venture Business Corporation or the Small and Medium Business Integrated Call Center!
Small and Medium Venture Business Corporation ☎ 055-7518-9836, 9857
Small and Medium Business Integrated Call Center ☎ 1357

Go to the 2020 Youth Startup Loan Application Form >

First of all, the facility loan period has been extended from 6 years to 10 years. The longer the repayment period, the longer the period to make the business a little more solid. In addition, we plan to increase the support budget by KRW 30 billion from last year to provide KRW 160 billion to 1,800 companies annually! (Supported KRW 130 billion for 1,536 companies last year ▶ Creating a total of 1,170 jobs)

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2020, 2019, 2018 Asia Pacific Stevie Awards for 3 consecutive years
2018 Internet Awards Grand Prize in Job Creation
2019, 2018 Korea Consumer Satisfaction Index 1st place for 2 consecutive years in the public service sector
Ranked No. 1 in public employment and entrepreneurship Ranky.com 2021, 2020, 2019, 2018

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