Korea Credit Guarantee Fund

Korea Credit Guarantee Fund (KODIT) is a quasi-sovereign public financial institution established by the Korean government in 1976. Its primary mission is to support small and medium-sized enterprises (SMEs) by providing credit guarantees to enhance their access to financing. In addition to its core guarantee services, KODIT operates direct investment programs to foster the growth of innovative startups. These initiatives include the "Guarantee-aligned Equity Investment program" started in 2005 and various startup support platforms like "Start-up NEST" and the "Innovative Icon Support Program". While its main function is providing guarantees, it also acts as a direct venture capital investor in promising companies.