Storylines / Organisation
Ministry of SMEs and Startups
3 developments involving Ministry of SMEs and Startups in 1 country or body. The most recent is South Korea sets a 2030 target of 20 AI unicorns and one decacorn, 11 Nov 2026.
KeyStory
- South Korea sets a 2030 target of 20 AI unicorns and one decacorn
AI startups picked each year from a pool of about 50 candidates get staged funding, and the government and public bodies will buy and test their technology as first customers.
- South Korea plans 5 trillion won to raise AI use in small manufacturers from 1% to 10% by 2030
Small Korean manufacturers can get staged government support, from data collection to AI process tools and robots, and can count their factory data toward their share of the cost.
- South Korea plans AI startup unicorn growth strategy
The ministry plans to reflect feedback from the meeting in the strategy, where startup leaders asked for technology demonstration support, wider government and public-sector purchasing links, and stronger help in raising investment from domestic and overseas investors.