Programs for Scale-up and Expansion-Stage Companies
Programs for Scale-up and Expansion-Stage Companies
Program Overview
- This program was designed to help promising business ventures with a global competitiveness to become a 'Korean Hidden Champion'
Eligible Companies
Businesses who meet all the following requirements- Venture Businesses with more than 3 years of business operation
- Technology Ratings: A and above
- Equity capital: more than 2 billion won
- More than KRW 10 billion in sales in the current term
- Financial Grade BB or higher
- The term of guarantee period is within 7 years
Preferential Supports
- Guarantee Coverage: 95%
- Guarantee fee rate: pagged at 0.5% per annum
- Recommendation for the Guarantee-Linked Investment and other investments from private venture capitals.
- Recommendation for Inno-Biz certification
- IPO Support: provision of professional and in-depth consulting for IPO strategies free of charge
- Support for PR activities
Program Overview
- Technological convergence can bring a disruptive change into current technological landscape and it can be used as a new growth engine. In a bid to encourage companies to actively take advantage of the technological convergence, KOTEC provides guarantee support for the companies that are engaging in the technological convergence projects.
Eligible Companies
- Companies that are in the middle of pursuing technological convergence
- Companies that are mass-producing converged products.
Preferential Supports
- Guarantee fee rate : 0.3%p deduction
- Relaxation of eligibility criteria for SMEs with low credit score
Program Overview
- KOTEC extends its guarantee support for financing need arising from the merger and acquisition of companies in order to facilitate restructuring of SMEs and prevent prominent technological inventions from vanishing unnoticed.
Eligible Companies
- Companies that are engaging in M&A activities
Eligible Credit Facilities by M&A phase
| Phase | Eligible Credit Facilities |
|---|---|
| M&A | Working capital loan for acquiring companies |
| R&D | Working capital loan for conducting R&D with acquired technologies |
| Purchase of Facilities | Fixed asset loan for purchasing production equipments and facilities |
| Commercialization | Working capital loan for commercialization of acquired technologies and mass production |
Preferential Supports
- Provision of guarantee support in a comprehensive manner covering whole cycle of M&A procedure