If you start a business for the first time, you need funds for the business. Start-up funds can be used for pre-prepared funds, and if insufficient, there is a way to get loans from related institutions. There are various types of loans received from financial institutions. You can borrow government-backed policy funds, or you can get them through the financial sector if they don't meet the conditions. This condition is supported after being distinguished through various evaluations such as industry, age, industry, and sales. Let's find out what kind of loans are available for young start-ups.
The government supports young start-ups through various methods. In the center, there are the Small and Medium Business Promotion Corporation, the Small Business Support Center, the Korea Institute for the People's Finance, and the Korea Credit Guarantee Foundation. If you go to the agency's website, you can see how young people support the funds needed to start a business. In addition to this institution, there are other institutions operated by each local government. In Seoul, there are Seoul Startup Business Fund, Seoul Small Business Support Center, and all other local governments operate the same type 폰테크 of funding institution.
The Ministry of Employment and Labor, Ministry of SMEs, Ministry of Education, Ministry of Health and Welfare, Financial Services, Ministry of Trade, Industry and Energy, Ministry of Public Administration and Security, Ministry of Environment, Ministry of Science and ICT, Ministry of Culture, Sports and Tourism.
The integrated data can be found in detail on the website of the Ministry of SMEs and Startups.
The above picture is a related site organized by the Ministry of SMEs and Startups.
The government-run youth start-up funding projects are often rejected during the consultation process because they are carried out through strict screening such as business feasibility and founder's creditworthiness. If you are not included in the organization's support list, please contact the Kakaotalk consultation below and we will guide you on which loan products are available other than government-funded start-up loans.
To get a loan from a start-up fund, the first thing to check is the credit of the founder or business representative and how much loans there are. In order to get loans related to government funds, the credit rating must be at least seven grades, and the amount of funds is about 20 to 70 million won, but the amount changes depending on the existing loan. Low-credit businesses with grades 7 to 10 include the Korea Institute for the Advancement of Working-class Finance and Miso Finance, and you can apply for special support funds for re-challenge by the Small and Medium Business Promotion Agency.