Sejong, 81% Application Rate for Small Business Management Stability Support... Deadline on 13th

[Asia Economy (Sejong) Reporter Jeong Il-woong] The application rate for the Emergency Business Stabilization Fund for small business owners in the Sejong area has been recorded at 81%. Applications are open until the 13th.

According to Sejong City on the 8th, as of 7 a.m. the previous day, a total of 8,902 local small business owners had completed their applications for the Emergency Business Stabilization Fund.

The Emergency Business Stabilization Fund was established to support small business owners facing operational difficulties due to the spread of the novel coronavirus infection (COVID-19). The target recipients are small business owners in Sejong with annual sales of 300 million KRW or less, and each eligible person will receive 500,000 KRW in cash.

The city plans to strengthen promotional activities as the application deadline approaches to ensure that all small business owners affected by COVID-19 receive support without omission.

Applications can be made online (including mobile) or by visiting in person. Online applications are accepted until midnight on the 13th, and applicants can access the city hall website based on the last digit of their birth year (by day of the week) to select ‘Small Business Emergency Business Stabilization Fund Application’ and apply.

For in-person applications, applicants must bring their ID and visit their local community service center by 6 p.m. on the 13th to submit their application.

From the 11th to the 13th, both online and in-person applications are accepted regardless of the applicant’s birth year.

Required documents include the application form, real-name verification, and a resident registration abstract to confirm the address. However, when submitting the prior consent form for personal information and administrative information joint use, no separate documents proving small business ownership need to be submitted.

The city plans to review the submitted applications and sequentially disburse the Emergency Business Stabilization Fund within 10 days (based on the application date).

For more detailed information regarding the Emergency Business Stabilization Fund for small business owners, please refer to the city hall website.

Lee Chun-hee, Mayor of Sejong City, stated, “We will do our utmost to ensure that all 11,000 small business owners in the region affected by COVID-19 receive the benefits of the Emergency Business Stabilization Fund.”

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