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Financial Support

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Financial Support

  • Grounds for support: Article 27 of the Regulations for Promoting Investment in Gwangju Metropolitan City
  • Support systems
    Support systems: Classification, Size, Limits, Requirements
    Classification Size Limits Requirements
    Management safety fund 200 billion won 300-500 million won for each company Lump-sum repayment after two years of the loan, fixed interest rate of 2-3 %
    Structure advancement fund 30 billion won Up to 1.3 billion won for each company Facilities: A loan period of 3 years. Full amortization with a term of 5 years
    Operation: A loan period of 1 year. Full amortization with a term of 2 years
    Venture company fostering fund 6 billion won Up to 500 million won for each company Iump-sum repayment after two years of the loan
    Export promotion fund 3 billion won Up to 300 million for each company The variable interest rate applied