South Korea will launch a nationwide startup initiative, establish major regional hubs, and create a 1 trillion won ($845 million) fund to drive entrepreneurship beyond the Seoul area, Deputy Prime Minister Koo Yun-cheol announced.
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https://en.infomaxai.com/news/articleView.html?idxno=103086
Koo Yun-cheol Vows to Usher in an Era of Explosive Startup Growth

South Korea will launch a nationwide startup initiative, establish major regional hubs, and create a 1 trillion won ($845 million) fund to drive entrepreneurship beyond the Seoul area, Deputy Prime Minister Koo Yun-cheol announced.

Yonhap Infomax
President Lee Jae-myung vowed to expand South Korea's rechallenge fund for startups, calling the current 1 trillion won insufficient and urging a more supportive environment for entrepreneurs who have experienced failure.
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https://en.infomaxai.com/news/articleView.html?idxno=82140
President Lee Says 'Society Too Harsh on Failure—1 Trillion Won Rechallenge Fund Insufficient'

President Lee Jae-myung vowed to expand South Korea's rechallenge fund for startups, calling the current 1 trillion won insufficient and urging a more supportive environment for entrepreneurs who have experienced failure.

Yonhap Infomax