Ongjin-gun Provides 500,000 KRW Emergency Disaster Relief Fund per Household for Small Business Owners... First in Incheon

Incheon Ongjin County Office

[Asia Economy Reporter Park Hyesook] On the 18th, Ongjin-gun, Incheon announced that it will provide emergency disaster relief funds for small business owners affected by the novel coronavirus disease (COVID-19) pandemic, marking the first such support in Incheon.

The support targets small business owners who have their registered address in Ongjin-gun and operate a business there, providing a one-time cash payment of 500,000 KRW per household.

However, businesses in entertainment, gambling, and speculative industries, small business owners who were closed or suspended as of March 29 this year, and industries such as telemarketing, mail-order sales, and solar power generation that do not involve direct customer contact are excluded.

Applications can be submitted by visiting the township office by the 29th. From the 18th to the 22nd, applications will be accepted according to a five-day rotation system based on the last digit of the birth year, and from the 23rd, applications will be accepted regardless of this system.

The county expects that this emergency disaster relief fund for small business owners will serve as a catalyst to revitalize the local economy, which has been stagnating due to COVID-19.

An official from Ongjin-gun stated, "Following indirect support such as special loan guarantees and interest support for small business owners, we are now providing direct support through cash payments," adding, "This will invigorate small business owners and boost the overall local economy of the county, which has been depressed by COVID-19."

Detailed information regarding the emergency disaster relief fund for small business owners can be found on the Ongjin-gun website.

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