Gyeongsan-si Achieves 'Nation's Best' Record in Supporting Small Businesses Affected by COVID-19 Among Basic Local Governments

13,215 Stores (83% Small Businesses Registered with the Ministry of SMEs) Receive 13.1 Billion KRW Support

[Asia Economy Yeongnam Reporting Headquarters, Reporter Park Dong-wook] Gyeongsan City, Gyeongsangbuk-do announced on the 10th that it has recorded the largest support scale among basic local governments nationwide for small business owners affected by the novel coronavirus infection (COVID-19).

After being designated as a special disaster area on March 15, following Daegu City, Gyeongsan City has been providing support since April 6 through a COVID-19 Small Business Owner Support Task Force (TF) team composed of 70 members, including 45 public officials and 25 unemployed youths.

As a result, as of the 8th, a total of 19.5 billion KRW was provided to 26,508 people across four projects. Among them, 13.1 billion KRW was supported to 13,215 small business owner stores affected. This means that 83% of the 15,993 small business owners registered with the Ministry of SMEs and Startups received support. The amount of support is also the highest nationwide among basic local governments, second only to Daegu City.

Additionally, 2 billion KRW was provided to 4,139 workers in employment blind spots such as employees and freelancers, and 600 million KRW in card fees was supported to 2,338 small business owners with sales under 150 million KRW in 2019. Applications for the COVID-19 small business owner support project are open until June 12. Applications for the card fee support project are accepted until the end of July, when the budget is exhausted.

Choi Young-jo, Mayor of Gyeongsan City, stated, "I hope we all wisely overcome this difficult time together, and I will do my best for the livelihood stability of small business owners and the recovery of the local economy."

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