The Ministry of SMEs and Startups and the Korea SMEs and Startups Agency (KOSME) said on the 19th they will support online exports for 50 small and venture corporations. Domestic corporations can join the GoBiz Korea online export platform to lower commission burdens and find overseas business partners.
The Ministry of SMEs and Startups (MSS) and the Korea SMEs and Startups Agency (KOSME) will conduct a second round of recruitment from the 20th to the 31st for corporations to participate in the GoBiz export support program. Corporations seeking online B2B (business-to-business transaction) exports are eligible. Through a document review, 50 corporations will be selected.
Selected corporations can build product pages and a site to promote the corporations on GoBiz Korea. The Korea SMEs and Startups Agency (KOSME) has operated GoBiz Korea since 1996, supporting domestic corporations' online exports. In addition, they can receive support needed at the early stage of exports, such as producing product promotional videos and English proposals.
Corporations wishing to participate can apply on the GoBiz Korea website (kr.gobizkorea.com). KOSME President Kang Seok-jin said, "The export environment is changing rapidly due to the spread of protectionist trade," adding, "We will ensure that small and venture corporations can become self-reliant in the global market."