Gyeonggi-do Certifies 200 Promising SMEs This Year

[Asia Economy (Uijeongbu) = Reporter Lee Young-gyu] Gyeonggi Province is recruiting small and medium-sized enterprises (SMEs) to participate in the 'Promising SME Certification System.'

The Promising SME Certification System, introduced in 1995, is a program that provides various benefits to SMEs with potential for economic revitalization and job creation, nurturing them as leading companies in the regional economy.

This year, the province will certify a total of 200 companies, including 150 first-time certifications, 40 re-certifications, and 10 startups.

First-time certification targets SMEs that have been established for more than 3 years, while the startup category applies to SMEs that have been in business for 2 years or more but less than 3 years.

Re-certification targets promising SMEs whose certification has expired or is due to expire this year and who wish to be re-certified.

The certification period is 5 years. For re-certified companies, the certification period is extended by 3 years.

Certified companies receive 30 benefits from 8 institutions, including the right to use the certification mark, additional points when applying for SME support projects, and preferential limits on export credit guarantees.

SMEs wishing to participate can apply online through the certification website (partner.nicetcb.co.kr) by the 29th of this month.

Gyeonggi Province will conduct a comprehensive evaluation of job growth potential, sustainable management capability, and technological competitiveness, and announce the final certified companies in October this year.

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