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Title The KCC implements project to support innovative SMES’ broadcast advertising
Date 2019-01-23 Read 71475
- 2.25 billion KRW for TV and radio advertising production

The Korea Communications Commission (KCC, Chairman Lee Hyo-seong) and the Korea Broadcast Advertising Corp. (KOBACO, President Kim Ki-man) will implement the “2019 Promotion of Innovative SMEs Broadcast Advertising” project to foster SMEs and promote the broadcast advertising market.

The KCC has carried out this project since 2015 to help SMES with outstanding technical capabilties but with lower visibility or marketing capacity by supporting their broadcast advertising production costs. This year 72 companies (42 companies for TV ad support and 30 for radio support) were selected to receive a total of 2.25 billion KRW support for advertising production costs.

Venture companies in fields ranging from technology innovation, business innovation, green business to global IP business are eligible to receive support. Following a review they will receive support amounting to 50% of costs (up t