South Korea commits 7.5 trillion won to speed AI products to market
The South Korean government announced a two-year, 7.5 trillion won support program to accelerate commercialization of AI-based products across five major industries. The initiative, called AX-Sprint, aims to bring 246 AI products and services to market within one to two years.
Government officials unveiled the plan during an Emergency Economic Ministers' Meeting on March 18. The program reflects an assessment that domestic companies understand AI's necessity but have struggled to move from development into real-world deployment.
Where the money goes
The government will invest 754 billion won through next year, with 613.5 billion won allocated this year alone. Of that amount, 473.5 billion won covers product development and launch costs. The remaining 140 billion won expands loan limits and provides preferential interest rates for small and medium-sized enterprises.
Next year, an additional 140.5 billion won will support 101 projects.
Five sectors targeted
Manufacturing projects include "work guide" systems that convert skilled workers' knowledge into AI data to coach novice employees in real time.
Agriculture, livestock, and fisheries will receive funding for autonomous robots that detect and collect marine debris.
The national land and transportation sector includes AI robots designed to protect road workers. Healthcare and welfare projects focus on AI walking assist devices that reduce fall risk for elderly people. The daily life, security, and defense sector covers physical robots performing manual tasks like processing raw tuna.
How support works
The government provides funding for equipment, software, prototype production, certifications, patents, and promotional expenses. Critically, R&D costs are excluded-the program supports commercialization only after development is complete.
Products that meet innovation standards receive additional support: overseas exhibition participation, connections to public procurement, and access to regulatory sandboxes. Those designated as "innovative products" qualify for direct contracts with public institutions.
Timeline
The government will announce sector-specific projects starting March 19. Evaluation runs from April through June, with final support targets confirmed by the second quarter.
For government officials managing AI policy and procurement, understanding AI for Government initiatives helps frame how commercialization programs fit into broader strategy. Those involved in policy decisions may benefit from the AI Learning Path for Policy Makers.
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