Gwanak-gu Provides Up to 1 Million Won Support for Closed Academies and Private Institutes

Support up to 1 million KRW based on closure days for continuous closure over 7 days

[Asia Economy Reporter Park Jong-il] Gwanak-gu (Mayor Park Jun-hee) will provide financial support to academies and private institutes in the area that are voluntarily closing in active participation with social distancing measures.

This is to encourage active participation in the nationally implemented "high-intensity social distancing" and to support local small business academies and private institutes facing financial difficulties due to closure recommendations from the Ministry of Education and Seoul City.

The support targets a total of 816 locations, including 512 academies and reading rooms, and 304 private institutes within the district. Financial aid of up to 1 million KRW will be provided based on the number of closure days if they participate in continuous closure for at least 7 days (including holidays) during the period from March 23 to April 19, the recommended closure period.

There are two application methods depending on the closure dates. First, businesses that closed between March 23 and April 5 must obtain and submit a closure certificate issued by the Dongjak-Gwanak Office of Education.

Additionally, businesses closing between April 6 and 19 must complete a prior notification to the Dongjak-Gwanak Office of Education by April 9 and participate in the closure.

The application period is from April 20 to 23. Business owners or their representatives must prepare and submit one copy each of the closure support application form, closure certificate, business registration certificate, representative’s ID, and bankbook.

Applications can be submitted by visiting the plaza in front of Woori Bank on the basement level 1 of the district office in person, or by downloading the application form from the Gwanak-gu Office website (News → Gwanak News) and sending it via email to azalea5@ga.go.kr.

Along with providing financial support, the district will conduct unannounced on-site inspections of participating businesses, and any business found engaging in commercial activities will be excluded from support.

Mayor Park Jun-hee stated, “Local small business academies and private institutes are facing severe financial difficulties due to the prolonged COVID-19 situation. We hope this support will help academies and private institutes actively participating in closures to prevent COVID-19, even if only a little.”

This content was produced with the assistance of AI translation services.