What is an export consortium and how can you participate?

The export consortium is a program where several small and medium-sized enterprises join forces to explore overseas markets.

In simple terms, you can think of it as small and medium-sized enterprises that find it burdensome to export alone coming together as a team to venture out collectively.

Each consortium can receive up to 300 million KRW annually, with a self-contribution of 20-30%.

You can either join an existing consortium or directly form a new one.

Refer to the K-Beauty consortium case.

Three skincare companies and two makeup companies jointly participated in Cosmoprof and created a collaborative catalog. They achieved results of 50 consultations with European buyers and 10 contracts.