Arab Today, arab today south korea to invest 4tr won to help startups
Last Updated : GMT 06:27:20
Arab Today, arab today
Arab Today, arab today

South Korea to invest 4tr won to help start-ups

Arab Today, arab today

Arab Today, arab today South Korea to invest 4tr won to help start-ups

Seoul - Arab Today

South Korea will spend 4 trillion won (US$3.8 billion) over the next three years to boost venture start-ups and encourage entrepreneurship, the finance minister said Friday. "We will improve systems for each stage from business launch to growth, recoupment of invested money and retrying (after a failure), and spend 4 trillion won by the end of 2017 to regain vitality in business start-ups and unrelenting spirit," Finance Minister Hyun Oh-seok told a public-private joint meeting on realizing the "creative economy" vision.  

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