INCHEON -- South Korea's chief economic policymaker said Tuesday that the government plans to support small and mid-sized companies with innovative technologies with a 10-trillion won ($9.2 billion) fund.

In a meeting with officials at a electric vehicle parts maker, west of Seoul, Finance Minister Kim Dong-yeon said the government will listen to voices from various industries.

Last month, the government unveiled a plan to inject a combined 30 trillion won in the next three years to foster innovative startups and venture firms in a way to create a virtuous business cycle and secure a new growth engine.

Under the plan, the government will focus on expanding the money supply for fledgling enterprises and creating a generally venture-friendly environment.

It will first create a 10 trillion won fund in the coming three years to help innovative venture firms get necessary investment from the outset.

The finance minister also stressed mutual prosperity between large firms and smaller ones adding that it will continue to push for deregulation.

Kim's visit to a firm marks the second meeting of its kind with local businesses.