Korea Federation of Small and Medium Enterprises said on the 25th it is recruiting cooperatives to take part in the 2026 consulting support program specializing in joint business development. It will support up to 15 million won in research and development (R&D) consulting expense so that small and medium corporations cooperatives can identify joint projects. A separate 10% cooperative burden applies.
Cooperatives seeking support must form a consortium with a consulting firm and submit application documents to the cooperative portal (sc.kbiz.or.kr) by the 25th of next month. Eligibility and the business implementation plan will be evaluated for selection.
Seo Jae-yun, head of the Cooperative Association Headquarters at KBIZ, said, "We can develop joint projects and improve the revenue structure," and "We expect a variety of business models that can enhance the competitiveness of cooperatives."