Gyeongnam Geoje-si to Distribute 'Emergency Living Expenses for Small Business Owners' Starting from the 13th

[Asia Economy Yeongnam Reporting Headquarters Reporter Kang Sharon] Geoje City, Gyeongnam Province, will provide emergency living expenses to small business owners struggling due to the novel coronavirus infection (COVID-19) starting from the 13th.

The applicants are small business owners and self-employed individuals whose business location and representative address are in Geoje City, and whose sales have decreased by more than 20% compared to the same period last year. From April 20 to May 1, 2,884 companies applied, of which 2,713 were selected, resulting in a selection rate of 94% compared to applications.

Geoje City explained that considering the significant damage to small business owners and the self-employed caused by COVID-19, the high selection rate reflects empathy for citizens' difficulties during the review process.

Starting from the 13th, the city will provide prepaid cards worth 500,000 KRW per company to the 2,713 selected businesses, and for applicants after May 1, payments will be made as soon as the review results are available.

Additionally, the city plans to consider ways to provide benefits even in cases where it is difficult to submit supporting documents, such as for businesses that have been operating for less than one year.

Byun Kwang-yong, Mayor of Geoje City, said, "The heartfelt desire of public officials to share the difficulties of citizens contributed to enabling the fastest possible support," and added, "We hope this will be a source of strength for small business owners and the self-employed."

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