373 Startups with 3 to 7 Years in Business to Be Selected
Up to 300 Million KRW in Commercialization Funds Available
The Ministry of SMEs and Startups announced on the 19th that it is recruiting startup companies to participate in the '2025 Startup Leap Package Support Project.'
The Startup Leap Package Support Project is designed to help startups in the leap phase?those that have been established for more than 3 years but less than 7 years?overcome crisis situations (death valley) caused by sluggish sales and lack of funds, enabling them to leap forward. This year, a total of approximately 373 startup companies will be selected, and customized programs necessary for scale-up, such as commercialization funds, investment attraction, and global expansion, will be provided.
Overview of the 2025 Startup Leap Package Support Project. Provided by the Ministry of SMEs and Startups
The 2025 Startup Leap Package offers three types?'General Type,' 'Large Corporation Collaboration Type,' and 'Investment Concurrent Type'?from which applicants can choose one based on the required funding scale and commercialization method.
Companies selected for the General Type will receive commercialization funds (up to 200 million KRW) for prototype production, intellectual property acquisition, business model (BM) improvement, etc., along with customized startup support programs provided by each hosting organization. Within the General Type, applicants can additionally apply for the 'Success Return Type' within the budget range. If selected, they can receive up to 50% (maximum 100 million KRW) additional support on top of the basic project funding, allowing for a maximum total support of 300 million KRW.
The Large Corporation Collaboration Type targets startups wishing to collaborate with nine large corporations, including SK Innovation and LG Electronics. It helps startups with product development, commercialization, and overseas market entry by utilizing the expertise and infrastructure of these large corporations. Commercialization funds (up to 200 million KRW) are also provided.
Finally, companies selected for the 'Investment Concurrent Type' receive commercialization funds (up to 200 million KRW) and can additionally receive matching investments (up to 200 million KRW) from Korea Venture Investment Corp. (KVIC) through a conditional equity purchase agreement (SAFE) method.
Meanwhile, various briefing sessions are scheduled to introduce this project. On the 27th, the nine large corporations will hold a briefing session and on-site consultations to introduce collaboration fields and support details related to the Large Corporation Collaboration Type. Each hosting organization will also hold project briefing sessions introducing programs by type starting from the 25th.
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