Ministry of Health to Fund Tech Ventures in 2026

Program Overview

The Ministry of Health and Welfare (MOHW) has announced its “2026 Investment-linked Technology Development Project – Policy-designated Type,” an initiative aimed at fostering innovation and growth among small and medium-sized venture companies in South Korea. This program is designed to strategically connect research and development efforts with crucial investment opportunities in key technological sectors.

Officially announced on March 31, 2026, this project specifically encompasses two vital components: Scale-up TIPS and Global TIPS. These programs are part of South Korea’s renowned Tech Incubator Program for Startups (TIPS), a government-backed accelerator that supports promising ventures by linking them with private investment and facilitating their R&D.

Eligibility and Focus

While the Ministry of Health and Welfare is broadly known for public health initiatives, it also plays a proactive role in advancing the nation’s bio-health industry. Consequently, this particular program is anticipated to significantly benefit companies developing cutting-edge technologies with applications in healthcare, biotechnology, pharmaceuticals, and other related life sciences fields.

Eligibility for participation is exclusively extended to small and medium-sized venture companies operating within South Korea. Interested businesses are strongly encouraged to thoroughly review the comprehensive guidelines to understand the specific requirements, selection criteria, and program benefits.

Application Details

The application period for the 2026 Investment-linked Technology Development Project runs from March 31, 2026, until December 31, 2026. Prospective applicants must consult the official business guide and download the necessary application forms. These detailed materials, containing all required instructions and documentation for submission, are typically made available on the Ministry of Health and Welfare’s official website or designated application portals.

Source: 보건복지부 — Original Article (Korean)