Ministry Of SMEs And Startups
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Ministry Of SMEs And Startups
The Ministry of SMEs and Startups (중소벤처기업부, 中小벤처企業部) is a ministry of the Republic of Korea, established in July 2017 by the Moon Jae-in government. It succeeds the former Small and Medium Business Administration (중소기업청, 中小企業廳). The headquarters are located in Sejong City, Sejong. As of February 2021, Lee Young, a member of the National Assembly and People Power Party, has been appointed as the South Korean Minister of SMEs and Startups. Mission The South Korean Ministry of SMEs and Startups is dedicated towards supporting the innovation, growth and security of small-to-medium sized and micro enterprises. It follows various policies to improve the conditions for small and medium-sized businesses. It aims to reduce barriers through preventing legislation that may put an excess or unreasonable burden on small and medium enterprises. It does this through identifying such regulations and difficulties that interfere with the success o ...
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Small And Medium Business Administration
The Small and Medium Business Administration (, SMBA) was one of a small and medium industry organizations in South Korea and is run under the Ministry of Trade, Industry and Energy. The headquarters are in Seo District, Daejeon Daejeon () is South Korea's fifth-largest metropolis, with a population of 1.5 million as of 2019. Located in the central-west region of South Korea alongside forested hills and the Geum River, the city is known both for its technology an .... From July 2017, Ministry of SMEs and Startups succeeds the organisation. See also * Small Enterprise and Market Service * Ministry of SMEs and Startups References External linksOfficial website Government agencies of South Korea Organizations related to small and medium-sized enterprises {{SouthKorea-stub ...
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Government Of South Korea
The Government of South Korea is the union government of the Republic of Korea, created by the Constitution of South Korea as the executive, legislative and judicial authority of the republic. The president acts as the head of state and is the highest figure of executive authority in the country, followed by the prime minister and government ministers in decreasing order. The Executive and Legislative branches operate primarily at the national level, although various ministries in the executive branch also carry out local functions. Local governments are semi-autonomous and contain executive and legislative bodies of their own. The judicial branch operates at both the national and local levels. The South Korean government's structure is determined by the Constitution of the Republic of Korea. This document has been revised several times since its first promulgation in 1948 (for details, see History of South Korea). However, it has retained many broad characteristics; with the ...
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Sejong City
Sejong (; ), officially the Sejong Special Self-Governing City (), is a special self-governing city and ''de facto'' administrative capital of South Korea. Sejong was founded in 2007 as the new planned capital of South Korea from many parts of the South Chungcheong province and some parts of North Chungcheong province to ease congestion in South Korea's current capital and largest city, Seoul, and encourage investment in the country's central region. Since 2012, the government of South Korea has relocated numerous ministries and agencies to Sejong, but many still reside in other cities, primarily Seoul, where the National Assembly and many important government bodies remain. Sejong has a population of 351,007 as of 2020 and covers a geographic area of 465.23 km2 (179.63 sq mi), making it the least-populous and smallest first-level administrative division in South Korea. Sejong is located in the west-central Hoseo region, bordering South Chungcheong to the west, Daejeon Metropo ...
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South Korea
South Korea, officially the Republic of Korea (ROK), is a country in East Asia, constituting the southern part of the Korea, Korean Peninsula and sharing a Korean Demilitarized Zone, land border with North Korea. Its western border is formed by the Yellow Sea, while its eastern border is defined by the Sea of Japan. South Korea claims to be the sole legitimate government of the entire peninsula and List of islands of South Korea, adjacent islands. It has a Demographics of South Korea, population of 51.75 million, of which roughly half live in the Seoul Capital Area, the List of metropolitan areas by population, fourth most populous metropolitan area in the world. Other major cities include Incheon, Busan, and Daegu. The Korean Peninsula was inhabited as early as the Lower Paleolithic period. Its Gojoseon, first kingdom was noted in Chinese records in the early 7th century BCE. Following the unification of the Three Kingdoms of Korea into Unified Silla, Silla and Balhae in the ...
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Moon Jae-in
Moon Jae-in (; ; born 24 January 1953) is a South Korean former politician, civil servant and lawyer who served as the 12th president of South Korea between 2017 and 2022. Prior to his presidency, he served as Senior Secretary for Civil Affairs and Chief of Staff to President Roh Moo-hyun, Member of the National Assembly, and Leader of the Democratic Party of Korea. Born to North Korean refugees of House of Moon in Hamhung, Moon was raised in poverty in the southern port city of Busan. He excelled in school and studied law at Kyung Hee University. He became a lawyer and later involved in human rights activism with Roh Moo-hyun. He was imprisoned for organizing a protest against the Yushin Constitution. As a result of his work in human rights law, Moon was chosen to be the campaign manager for his longtime mentor Roh Moo-hyun in his successful bid for the 2002 presidential election. He served in Roh's administration in various official capacities. In 2012, Moon was a candidate for ...
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Sejong
Sejong of Joseon (15 May 1397 – 8 April 1450), personal name Yi Do (Korean: 이도; Hanja: 李祹), widely known as Sejong the Great (Korean: 세종대왕; Hanja: 世宗大王), was the fourth ruler of the Joseon dynasty of Korea. Initially titled Grand Prince Chungnyeong (Korean: 충녕대군; Hanja: 忠寧大君), he was born as the third son of King Taejong and Queen Wongyeong. In 1418, he was designated as heir after his eldest brother, Crown Prince Yi Je, was stripped of his status. Today, King Sejong is regarded as one of the greatest leaders in Korean history. Despite ascending to the throne after his father's voluntary abdication in 1418, Sejong was a mere figurehead while Taejong continued to hold the real power and govern the country up till his death in 1422. Sejong was the sole monarch for the next 28 years, although after 1439 he became increasingly ill, and starting from 1442, his eldest son, Crown Prince Yi Hyang (the future King Munjong), acted as regent ...
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Lee Young
Leonidas Raymond Young (March 7, 1914 – July 31, 2008) was an American jazz drummer and singer. His musical family included his father Willis Young and his older brother, saxophonist Lester Young. In 1944 he played with Norman Granz's first "Jazz at the Philharmonic" concert. Early life and education Young was born in 1914 in New Orleans, Louisiana to Willis Young and Lizetta Teresa Johnson. His father was a musician, as were other relatives. His older brother Lester Young became a famed saxophonist. Lee began playing from an early age and the family had a band for several years. Career In 1944 Lee Young was the drummer at Norman Granz's first "Jazz at the Philharmonic" concert, which also featured guitarist Les Paul, trombonist J.J. Johnson, and saxophonist Jean-Baptiste "Illinois" Jacquet. Young played with such jazz and swing music notables as Mutt Carey, Fats Waller, Les Hite, Benny Goodman, and Lionel Hampton. In the 1950s Young played with Nat King Cole's trio. F ...
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National Assembly (South Korea)
The National Assembly of the Republic of Korea, often shortened to the National Assembly in domestic English-language media, is the unicameral national legislature of South Korea. Elections to the National Assembly are held every four years. The latest legislative elections were held on 15 April 2020. The National Assembly has 300 seats, with 253 constituency seats and 47 proportional representation seats; 30 of the PR seats are assigned on additional member system, while 17 PR seats use the parallel voting method. The unicameral assembly consists of at least 200 members according to the South Korean constitution. In 1990 the assembly had 299 seats, 224 of which were directly elected from single-member districts in the general elections of April 1988. Under applicable laws, the remaining seventy-five representatives were elected from party lists. By law, candidates for election to the assembly must be at least thirty years of age. As part of a political compromise in 1987, an ...
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People Power Party (South Korea)
The People Power Party (; PPP), formerly known as the United Future Party (; UFP), is a conservative political party in South Korea. Controlling the South Korean presidency, it is the second largest party in the National Assembly. PPP, along with its historic rival, the Democratic Party, make up the two largest political parties in South Korea. The party was formed on 17 February 2020 by the merger of the Liberty Korea Party, New Conservative Party, and Onward for Future 4.0, as well as several minor parties and political organizations. History Background Due to the political scandal in 2016, President Park Geun-hye was impeached, and several MPs quit the then-ruling Saenuri Party to form the Bareun Party. The Saenuri Party changed its name to the Liberty Korea Party (LKP), but following the final impeachment of Park on 10 March 2017, it ''de jure'' lost its ruling party position. After the Democratic presidential candidate Moon Jae-in was elected on 9 May, the ...
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Research And Development
Research and development (R&D or R+D), known in Europe as research and technological development (RTD), is the set of innovative activities undertaken by corporations or governments in developing new services or products, and improving existing ones. Research and development constitutes the first stage of development of a potential new service or the production process. R&D activities differ from institution to institution, with two primary models of an R&D department either staffed by engineers and tasked with directly developing new products, or staffed with industrial scientists and tasked with applied research in scientific or technological fields, which may facilitate future product development. R&D differs from the vast majority of corporate activities in that it is not intended to yield immediate profit, and generally carries greater risk and an uncertain return on investment. However R&D is crucial for acquiring larger shares of the market through the marketisation ...
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K-Startup Grand Challenge
K-Startup Grand Challenge is a startup accelerator program supported by the Government of South Korea. The program was launched in 2016 by the National IT Industry Promotion Agency (NIPA) and funded by the Ministry of SMEs and Startups of South Korea. The program is based in the Pangyo Techno Valley, known as the Korean version of the Silicon Valley Silicon Valley is a region in Northern California that serves as a global center for high technology and innovation. Located in the southern part of the San Francisco Bay Area, it corresponds roughly to the geographical areas San Mateo Coun .... As part of the government's policy, South Korea has initiated a wide range of support programs for startups and has been investing nearly $2 billion annually into the Korean start-up ecosystem since 2013. Within the scope of these efforts, the government organized the K-Startup Grand Challenge program to invite foreign start-ups to come to Korea and cooperate with local VCs and compan ...
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Pangyo Techno Valley
Pangyo Techno Valley (PTV) is an industrial complex in the city of Pangyo, Seongnam, Gyeonggi Province, South Korea. It is also known as the Silicon Valley of Korea. The complex focuses on information technology, biotech, cultural technology and fusion technology. One of the benefits of the diversity of fields and businesses is the maximized growth potential in the field of high-tech technology through exchanges between the companies. The location within a major metropolitan area creates synergy effects because of the proximity to other techno valleys or adjacent knowledge-based infrastructure clusters in the province. The business environment of the PTV is supported by the government of the Gyeonggi Province through the implementation of various support facilities as for examples a R&D center or public support center. Techno Valleys in Korea are playing an important role in innovation, creating new jobs and as hubs for technology start-ups. They are supported by the government t ...
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