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	<title>Ministry of Science and ICT Archive - SpaceWatch.GLOBAL</title>
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	<description>AN INDEPENDENT PERSPECTIVE ON SPACE</description>
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		<title>South Korea to Launch $39 Million Fund for Space Startups</title>
		<link>https://spacewatch.global/2023/03/south-korea-to-launch-39-million-fund-for-space-startups/</link>
		
		<dc:creator><![CDATA[Joshua Faleti]]></dc:creator>
		<pubDate>Mon, 13 Mar 2023 07:00:00 +0000</pubDate>
				<category><![CDATA[Geopolitics News]]></category>
		<category><![CDATA[News]]></category>
		<category><![CDATA[Space]]></category>
		<category><![CDATA[Space Economy News]]></category>
		<category><![CDATA[Cho Sun-hak]]></category>
		<category><![CDATA[Korea Venture Investment Corp]]></category>
		<category><![CDATA[Ministry of Science and ICT]]></category>
		<category><![CDATA[South Korea]]></category>
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					<description><![CDATA[The Korean Government is set to establish a fund to support private space startups, according to local sources. According to the South Korean Ministry of Science and ICT, the Government will create a 50-billion-won fund ($38.5 million) by 2027 to invest in the private space sector. The Korea Venture Investment Corp will operate this fund.]]></description>
		
		
		
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