The government will launch a program to support companies in the service market of SaaS or "Software as a Service."
 
The Ministry of Science, ICT and Future Planning said on Sunday that it will launch the program this month to provide comprehensive state support for the SaaS firms interested in starting up a business to advancing to foreign markets.
 
Entities subject to the support program include domestic small- and medium-sized software firms or software developers. The ministry will select 33 teams to provide support funds of three-point-65 billion won.
 
The selected teams will receive consulting services from leading SaaS firms as well as support from the K-ICT cloud innovation center.
 
Those interested companies or developers may apply at the Web site of the National IT Industry Promotion Agency from May fourth to June third.