Ulsan 'COVID-19 Temporary Closure' Stores Reopening Support

Ulsan Small Business Center Provides Up to 1 Million Won Support for Material Costs, Utilities, and Management Fees

[Asia Economy Yeongnam Reporting Headquarters Reporter Kim Yong-woo] The 'COVID-19 Closed Store Reopening Support Project,' which helps reopen stores that were closed due to the novel coronavirus infection (COVID-19), will be carried out in Ulsan city.

Ulsan City announced on the 25th that the Ulsan Small Business Happiness Dream Center will conduct the project targeting small business stores that reported closure between January 20, 2020, and before May 25, 2020, due to COVID-19, as well as stores established in 2020.

The support scale covers 307 businesses, and if applications exceed this number, priority will be given to small business owners with lease deposits of 50 million KRW or less, proceeding in order of smaller lease deposits.

The support includes up to 1 million KRW for reopening-related expenses such as material costs, utility bills, and management fees, excluding rent and labor costs.

The application period is from June 1 to June 12, and applications can be submitted by visiting the Small Business Happiness Dream Center or by mail. The application process involves document submission, purchasing goods, and payment settlement, with selected applicants to be announced on June 22.

An official from Ulsan City stated, "Some small business owners who started their business this year or closed due to COVID-19 were excluded from COVID-19 small business support projects or had difficulty proving sales decline, resulting in missing out on support. Therefore, this separate project was implemented to support reopening of startup and closed stores."

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