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History

1996
Feb. 9

The Small and Medium Business Administration(SMBA) officially opened with 6 bureaus, 17 divisions, and 11 regional offices (including 7 regional branch offices).

1999
May. 24

According to the move toward small and efficient government, SMBA was reorganized. The function of testing and inspecting SMEs' products was dissolved in all regional offices of SMBA. The National Institute of Technology and Quality was transferred to the Ministry of Commerce, Industry and Energy.

2002
Sep. 11

SMBA opened the Regional Office of Daegeon-Chungnam.

2004
Jan. 14

In order to strengthen the policy function of facilitating SMEs innovation, headquarters of SMBA was restructured into 1 office, 4 bureaus - Office of Planning and Management, SME Policy Bureau, Startup & Venture Business Bureau, Business Growth Service Bureau, and Technology Assistance Bureau. In addition, Overseas Marketing Service Division was created in the Business Growth Service Bureau to promote the globalization of SMEs.

2005
Jan. 17

Set up divisions dedicated to developing traditional markets; enhanced administrative innovation capabilities

2005
Dec. 28

In order to strengthen the policy function of promoting Micro Enterprises and traditional markets, Micro Enterprise Policy Bureau was created.

2006
May. 10

Introduced the team system to improve operational efficiency of the organization

2007
Mar. 22

Adjusted the organization due to Increasing workload and function charges

2008
Mar. 6

Enhanced customer-driven support for SMEs during government reorganization

2009
May. 6

Enhanced capabilities to implement national tasks and point-of-contact functions

2011
Mar. 7

Expanded the foundation to support SMEs outside the Seoul Capital Area, and enhanced other field-oriented support functions

2012
May. 23

Took over the supervision function for the national technical high schools, and adjusted the allocation of functions among the bureaus

2012
May. 23

Three meister high schools were transferred from the Ministry of Education and Science Technology to SMBA.

2013
Mar. 23

SMBA starts to take charge of High Potential Enterprise policies which were transferred from the Ministry of Knowledge Economy. High Potential Enterprise Bureau was created.

2016
Feb. 29

Ulsan Regional Branch Office is changed into Ulsan Regional Office

2017
Feb. 28

SMBA Established the International Cooperation Division, the Gyeongbuk Northern Regional Office, the Jeonnam Eastern Regional Office, and the Gangwon-Yeongdong Regional Office.

2017
Jul. 26

Small and Medium Business Administration was reorganized and expanded into the Ministry of SMEs and Startups.