14th Innovation Icon Program

About

The 14th Innovation Icon Program, organized by the Korea Credit Guarantee Fund, offers significant credit guarantees and support for South Korean startups engaged in innovative technologies, particularly in green technology, aiming to scale their businesses and mitigate financing risks, with a focus on fostering future core industries.

Benefits

• 💰Financial Support
  Up to 20 billion KRW (approximately $14.8 million) in credit guarantees (not direct funding)
• 💰Financial Support
  Three-year credit guarantee
• 💰Financial Support
  Minimum guarantee fee rate (0.5%)
• 💰Financial Support
  Additional guarantee fee support through partner banks
• 🛠️ Resources & Tools
  Financial and non-financial services such as consulting and overseas market expansion support

Eligibility Criteria

• South Korean companies
• Engaged in new industries
• Established for 2 to 12 years
• Must meet one of the following: annual sales over 1 billion KRW with an average sales growth rate over 10% in the last two years
• or have received over 3 billion KRW in investment from institutional investors
• Companies with green technology will receive additional points

Target Region

South Korea

Target Sector

Green Technology, AI, Biotechnology, Environmental Protection