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South Korea unveils support measures for AI, deep-tech startups

( September 17, 2025, 08:42 GMT | Official Statement) -- MLex Summary: South Korea’s Ministry of SMEs and Startups said Wednesday it will fully support entrepreneurs in artificial intelligence and other deep-tech fields, while announcing a 13.5 trillion won ($9.8 billion) program to help startups grow into unicorns. The program, to be run alongside the government’s 150 trillion won National Growth Fund, will give “promising companies” investment tailored to their growth stages. The ministry also said the government will build a cross-ministerial support system for startups in key technology sectors including AI, defense and climate tech. To back their overseas expansion, a “startup and venture campus” will also be set up in Silicon Valley to provide integrated services that help startups settle and grow abroad, the ministry added. The statement, in Korean, is attached....

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