Petbox , a company related to the pet industry, announced on the 16th that it was included as the first company selected for 2025 in the 'Innovation Premier 1000', a government-led industry-finance cooperation support project.
'Innovation Premier 1000' is a project jointly promoted by the Financial Services Commission, policy finance institutions, and 13 related ministries. It is a program that selects small and medium-sized enterprises with high technological prowess and growth potential and provides intensive support by linking policy finance and non-financial services. Selected companies will receive various policy benefits such as preferential loan interest rates, increased guarantee ratios, and other financial support, as well as investment attraction (IR), overseas expansion, customized consulting, and R&D points.
In this first announcement, a total of 509 small and medium-sized enterprises were finally selected, and Petbox was named as a representative company in the ‘pet industry innovation’ field through recommendations from the Ministry of SMEs and Startups and the Ministry of Science and ICT.
The government plans to expand the program into a comprehensive platform that links private investment and global expansion by continuously selecting 1,000 companies every year starting in 2026.
Through this selection, Petbox has been recognized for its technological prowess and market growth potential, and plans to secure competitiveness in the domestic as well as global pet tech markets in the future.
Lee Hyeon-seok, CEO of Petbox, said, “This selection is an official evaluation of our technological innovation and future potential,” and added, “Based on the government’s support, we will continue to expand our performance in overseas markets.”
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