2026 4th Overseas Market Entry Support Program for Renewable Energy Industry
SMEs and mid-sized enterprises can secure up to 90% funding for overseas certification costs to build their foundation for global market entry
- Deadline
- 마감일 원문 확인
This program supports the acquisition of tangible and intangible overseas certifications for renewable energy companies entering foreign markets, covering up to 90% of total costs for SMEs and 75% for mid-sized enterprises. Eligible companies can apply for up to two projects with a maximum support of 100 million KRW per project, within a total budget of 170 million KRW.
3-second summary
- Support Content: Acquisition of tangible/intangible overseas certifications for renewable energy
- Support Rate: Up to 90% of total cost for SMEs, up to 75% for mid-sized enterprises
- Support Scale: Max 2 projects per company, up to 100 million KRW per project (Total 170 million KRW)
- Eligibility: Small and medium-sized enterprises (SMEs) and mid-sized enterprises
- Evaluation Process: Application submission → Preliminary review → Evaluation committee assessment → Selection and agreement signing
Eligibility checklist
- Companies conducting business related to renewable energy as defined in Article 2 of the Renewable Energy Act
- Small and medium-sized enterprises (SMEs) and mid-sized enterprises
- Excluded if previously supported by government programs for identical or similar content
- Excluded if failing to fulfill obligations such as report submission or settlement payment
- Excluded if the company or responsible person is currently under participation restrictions
- Excluded if the company has filed for corporate rehabilitation, has a debt ratio over 500%, capital erosion, tax arrears, or other insolvency risks
Schedule & how to apply
- Evaluation Process: Submission of application/project plan → Preliminary review by dedicated agency → Evaluation committee assessment → Notification of results and objection period → Selection of beneficiaries → Signing of agreement → Project start
- Certification must be obtained within 12 months from the selection date
Recommended for
- Recommended for CEOs of SMEs and mid-sized enterprises in the renewable energy sector preparing for overseas expansion
- Suitable for companies seeking to reduce the financial burden of acquiring tangible and intangible overseas certifications
Frequently asked questions
Who is eligible to apply?
Eligibility requirements: Companies conducting business related to renewable energy as defined in Article 2 of the Renewable Energy Act; Small and medium-sized enterprises (SMEs) and mid-sized enterprises; Excluded if previously supported by government programs for identical or similar content; Excluded if failing to fulfill obligations such as report submission or settlement payment.
How do I apply?
Applications follow the official program notice, which is in Korean. See the source link for the method and receiving office; Beaconoi can prepare an English draft for your review.
Which organization runs this program?
This program is administered by Korea Energy Agency.
Last updated · Source: Korea Energy Agency — official notice
※ Program information is compiled from each institution’s public sources; actual eligibility, amounts and deadlines may change. Always verify against the official notice (in Korean) before applying.