Korean Law in English
Laws › Framework Act on the Development of Artificial Intelligence and the Creation of a Foundation for Trust › SECTION 2 Creation of Foundation for the Artificial Intelligence Industry

Framework Act on the Development of Artificial Intelligence and the Creation of a Foundation for Trust — Article 18 (Activation of business start-up)

인공지능 발전과 신뢰 기반 조성 등에 관한 기본법 제18조

This English translation is based on the Korean text effective 2026-01-22. The Korean law has since been amended (current version effective 2026-07-21) — check the Korean original.

(1) The Government may support the following projects to activate business start-up in the artificial intelligence industry:

1. Projects related to the discovery, fostering, and support of entrepreneurs in the artificial intelligence industry sectors;

2. Projects related to education and training for the promotion of business start-up in the artificial intelligence industry sectors;

3. Support for the commercialization of excellent artificial intelligence technologies of professionals under Article 21;

4. Valuation of artificial intelligence technology and financial support for startup funding;

5. Provision of AI-related research and technology development outcomes;

6. Fostering institutions and organizations that support business start-up in the artificial intelligence industry sectors;

7. Other projects necessary to activate business start-up in the artificial intelligence industry sectors.

(2) Local governments may contribute to or invest in public organizations such as public institutions that support business start-up in the artificial intelligence industry sectors.

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