# Incheon SME market expansion initiatives

> Live situation record from CLSTR: https://clstr.news/situations/incheon-sme-market-expansion-initiatives
> Updated: 2026-10-18T01:22:01.000Z. Sources: 6. Developments: 2.

Incheon Metropolitan City is implementing various initiatives to support the expansion and market entry of local small and medium-sized enterprises (SMEs).

In early October 2026, the city focused on international expansion by supporting 25 local companies—spanning the beauty, general goods, and food sectors—at the 30th World-OKTA Convention in Shenzhen, China. This effort aimed to leverage global interest in K-beauty and K-food to secure new export channels.

Later in the month, the city’s support shifted toward the domestic public procurement market. Through a consultation fair held at Songdo Convensia, 50 local companies engaged in one-on-one sessions with 13 public institutions. These consultations resulted in approximately 1.3 billion won in performance and included policy advisory services and training on government bidding systems.

## Timeline

### 2026-10-18: Incheon public procurement fair generates 1.3 billion won in consultations

Incheon's public procurement fair facilitated 124 consultations between 50 local companies and 13 public institutions, resulting in 1.3 billion won in consultation performance.

2 sources. https://clstr.news/cluster/incheon-public-procurement-fair-generates-13-billion-won-in-consultations

### 2026-10-05: Incheon City supports SME export expansion in Shenzhen, China

Incheon Metropolitan City will host an ‘Incheon Company Pavilion’ at the 30th World-OKTA Convention in Shenzhen to help 25 local SMEs expand into the Chinese market.

3 sources. https://clstr.news/cluster/incheon-city-supports-sme-export-expansion-in-shenzhen-china

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Cite as: Incheon SME market expansion initiatives. CLSTR, https://clstr.news/situations/incheon-sme-market-expansion-initiatives