
Korea commits $1.7b to start-up ecosystem

Korea has committed KRW2.1 trillion ($1.7 billion) to local start-ups in biotechnology and non-contact technologies as part of a KRW5.8 trillion private sector COVID-19 recovery agenda.
The idea is to improve the national coronavirus response model, including test-trace-treat capabilities, while also developing the government’s “untact” policy for creating a more automated and online-oriented...
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