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Subsidy Eligibility Simulator
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Full Program Reference
About 정부 보조금
This page provides a comprehensive guide to Korean government subsidies and grants. Browse available subsidies by category, understand eligibility requirements, and learn step-by-step application procedures for various government support programs.
Whether you are an individual, small business owner, farmer, or researcher, this guide helps you discover government funding opportunities you may qualify for. Information covers central government programs as well as local government support, with details on application periods, required documents, and support amounts.
Each subsidy listing includes the administering agency, eligibility criteria, benefit details, application timeline, and links to official portals. The information is regularly updated to reflect new program announcements and policy changes throughout the year.
Key Features
- Browse government subsidies organized by category (welfare, business, agriculture, R&D, etc.)
- Eligibility criteria summaries for each subsidy program
- Step-by-step application guidance with required documents
- Application deadline and schedule information
- Links to official government portals (Gov24, Subsidy24) for direct application
- Regularly updated to reflect the latest government programs and policy changes
- Coverage of both central and local government subsidy programs
- Subsidy amount details and payment method information for each program
Frequently Asked Questions
What types of government subsidies are available in Korea?
Korean government subsidies span many categories including social welfare benefits, small business support grants, agricultural subsidies, R&D funding, housing support, employment incentives, and education grants. Programs are offered by both the central government and local municipalities.
How can I find subsidies I qualify for?
You can browse subsidies by category on this page to find programs relevant to your situation. Each program lists its eligibility criteria including income level, age, region, business type, and other requirements. You can also check the official Gov24 or Subsidy24 portals for personalized eligibility results.
How do I apply for a government subsidy?
Application methods vary by program. Most subsidies can be applied for online through Gov24 (gov.kr), the relevant ministry's website, or local government offices. Each program listing includes the specific application method, required documents, and the application period.
When are the application deadlines?
Deadlines vary widely by program. Some subsidies accept applications year-round, while others have specific application windows (often early in the calendar year or fiscal year). This guide provides deadline information for each program, and we recommend checking back regularly as new programs are announced throughout the year.
What is Subsidy24 and how does it work?
Subsidy24 (bojogeom24.go.kr) is the Korean government's dedicated portal for subsidy and grant information. It aggregates information on all government subsidies, allows you to search by personal criteria, and provides direct links to application systems. You can log in with your Korean identity verification to check personalized subsidy eligibility.
Can I receive multiple subsidies at the same time?
In many cases, yes. You may be eligible for multiple government subsidies simultaneously as long as you meet each program's individual criteria. However, some programs have restrictions that prevent overlapping benefits (e.g., you typically cannot receive both childcare fee support and home care allowance). Each program listing notes any overlap restrictions.
What happens if my subsidy application is rejected?
If your application is rejected, you will receive a notification explaining the reason. Common reasons include not meeting income criteria, missing documents, or exceeding asset limits. You can appeal the decision through the administering agency or reapply after addressing the deficiency. Some programs allow re-application in subsequent periods.
Are there subsidies for businesses and entrepreneurs?
Yes, significant subsidies are available for businesses including small business policy loans (SEMAS), R&D grants for technology development, export support subsidies, employment creation incentives, digital transformation grants, and industry-specific support programs. The Ministry of SMEs and Startups and local business support centers provide detailed guidance.
How do agricultural subsidies work?
Agricultural subsidies in Korea include direct payments to farmers, crop insurance premium support, agricultural equipment subsidies, eco-friendly farming incentives, and young farmer settlement support. Most are administered through local agricultural technology extension centers or the National Agricultural Cooperative Federation. Eligibility typically requires farmland ownership or lease and actual farming activity.
Is this guide free to use?
Yes, this information guide is completely free to access. It is part of liminfo.com's collection of Korean policy information resources designed to help citizens navigate government programs more easily.