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14th Innovation Icon Program
Competition & Award
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 SupportUp to 20 billion KRW (approximately $14.8 million) in credit guarantees (not direct funding)
- 💰Financial SupportThree-year credit guarantee
- 💰Financial SupportMinimum guarantee fee rate (0.5%)
- 💰Financial SupportAdditional guarantee fee support through partner banks
- 🛠️ Resources & ToolsFinancial 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 Sector
Green Technology, AI, Biotechnology, Environmental Protection
Target Location
South Korea
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Korea Credit Guarantee Fund