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Innovative Small Business Startup Support (formerly New Business Startup Academy, 혁신 소상공인 창업지원): How to Apply, Amount & Eligibility (2026)

560 prospective founders · startup education, 1:1 mentoring, commercialization funds (2026: KRW 22.55 billion)

This page is a translation of the Korean original and is for reference only. The official Korean guidance is the authoritative source for amounts and conditions, so be sure to confirm on the official website before applying. View Korean original (한국어)

Benefit
Selects prospective founders with promising items such as new businesses and supports startup education, online and offline store management experience, 1:1 mentoring, and commercialization funds (branding, prototypes, marketing, store remodeling). Links to policy funds within 1 year after completion. Selection expanded from 510 to 560 people in 2026.
Who is eligible
Prospective founders before business registration
When to apply
Once a year: announced 2026.1, applications January-February, education starts in April (2026 recruitment ended) · awaiting 2027 announcement
How to apply
Apply online at Small Business 24 (소상공인24, sbiz24.kr) · 1357/SEMAS
Important notes
2026 applications closed. A new announcement is expected around January next year.
Note
Selection is by audition. Not limited to youth, with no age limit (for youth startups, see the youth category).
Go to the official guide →

Based on official sources as of 2026년 10월. Amounts and requirements may change, so please confirm with the official guide before applying.

Frequently asked questions

Innovative Small Business Startup Support (formerly New Business Startup Academy, 혁신 소상공인 창업지원): who can receive it?

Prospective founders before business registration

Innovative Small Business Startup Support (formerly New Business Startup Academy, 혁신 소상공인 창업지원): how do I apply?

Apply online at Small Business 24 (소상공인24, sbiz24.kr) · 1357/SEMAS

Innovative Small Business Startup Support (formerly New Business Startup Academy, 혁신 소상공인 창업지원): how much will I receive?

Selects prospective founders with promising items such as new businesses and supports startup education, online and offline store management experience, 1:1 mentoring, and commercialization funds (branding, prototypes, marketing, store remodeling). Links to policy funds within 1 year after completion. Selection expanded from 510 to 560 people in 2026.

Innovative Small Business Startup Support (formerly New Business Startup Academy, 혁신 소상공인 창업지원): when can I apply?

Once a year: announced 2026.1, applications January-February, education starts in April (2026 recruitment ended) · awaiting 2027 announcement