Find XO: 1 Billion Won Guarantee Open to Startup Founders with Credit Grade 4, Allocated to 60 Companies Annually (fsc.go.kr)

- Korea Credit Guarantee Fund and IBK Industrial Bank launched a build-up program for startups in new growth engine sectors within 3 years of foundation. - Even if the representative has credit grade 4, they can receive guarantees up to 100 million won, but to move to the 200 million won limit with 3-year repayment deferral after one year, the credit rating must improve to grade 3 or above. - The program serves about 60 companies annually and requires recommendation from IBK, so it's faster to learn about the recommendation route first rather than just applying.