Up to 22 Million KRW... Use the 'Traditional Culture Innovation Voucher'

Support for Strengthening Industrial Competitiveness of Small and Medium Enterprises and Small Business Owners

The Ministry of Culture, Sports and Tourism and the Korea Craft & Design Foundation are looking for forty companies to use the 'Traditional Culture Innovation Voucher' by the 17th of next month.

The Traditional Culture Innovation Voucher is a project that supports the strengthening of industrial competitiveness and growth of small and medium-sized enterprises and small business owners in the traditional culture industry sector. Services necessary for business management are provided in the form of vouchers. The scale is up to 22 million KRW per company.

Selected companies can apply for and use up to two services among technology innovation, business management support, design development, new product development, platform construction, and promotion/marketing. Capability diagnosis through expert consultation and setting of necessary technologies and services are also possible. They can also participate in events where demand companies and supply companies communicate directly. A Ministry of Culture, Sports and Tourism official said, "If selected as an excellent case in the year-end final evaluation, they will also receive awards."

The Ministry of Culture, Sports and Tourism is also recruiting new supply companies for the first quarter Traditional Culture Innovation Voucher until the 30th of this month. They are looking for companies and institutions that can stably provide innovation voucher services for traditional culture companies. As of last year, there are 114 secured supply companies and 553 service resources. For more details about the recruitment, please refer to the Traditional Culture Innovation Voucher website.