The Ministry of Agriculture, Food and Rural Affairs (Minister Song Mi-ryeong, hereinafter referred to as the "MAFRA") announced on April 20 that it has selected companies for scale-up support to strengthen the growth foundation of excellent rural complex startups, and that it will call for applications from excellent startup companies hoping for incubation through specialized accelerators and private investment attraction. Starting from 2024, the MAFRA is promoting the 'Private Investment-Based Scale-Up Support Project' and the 'Accelerator Cultivation Support Project' to discover and nurture excellent rural complex startup companies centered on the private sector. The 'Private Investment-Based Scale-Up Support Project' provides up to 500 million KRW in business funds through 1:1 matching for excellent companies that receive private investment and recommendations, while the 'Accelerator Cultivation Support Project' supports the growth of rural startup companies with growth ...