“Regulatory Sandbox” generated KRW-1.4-trillion investment for startups for three years

Createdd 2022-02-25 Hit 933

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The National Assembly Research Service (NARS) of the Republic of Korea released a report on regulatory reforms required to overcome low growth and stated that the government’s regulatory sandbox has helped innovative startups to secure investment worth about KRW 1.4 trillion for the recent three years, creating about 2,800 jobs. The report pointed out that a more carefully designed follow-up program must be developed to improve the framework. Click the news below for more information:

https://www.nars.go.kr/report/view.do?cmsCode=CM0156&brdSeq=38170