Guro-gu Supports G-Valley Medical Device SMEs in Entering Overseas Markets

50% Support for Consulting Costs Required for Overseas Certification... Establishment of Training Programs for Quality Management and Other Specialists... 'Administrative Staff Training Project' Considering SME Characteristics Also Promoted... Comprehensive Training in HR, Labor, Accounting, etc.

[Asia Economy Reporter Jongil Park] Guro-gu (Mayor Lee Seong) supports the overseas market entry of medical device SMEs in G-Valley.

On the 17th, Guro-gu announced that it will carry out support projects to help small and medium-sized medical device companies located in G-Valley secure overseas sales channels and strengthen export competitiveness.

There are 274 medical device companies in G-Valley, accounting for 32.5% of all in Seoul. (Seoul Open Data Plaza, as of 2018) Although the export performance of the medical device industry is growing every year, most companies are SMEs with fewer than 20 employees and face difficulties such as obtaining overseas certifications and lack of specialized personnel.

Accordingly, Guro-gu provides 50% support up to a maximum of 5 million KRW for consulting costs required to obtain overseas certification for medical devices to G-Valley SMEs. The consulting areas include new certification, renewal, and post-management related to international and national standards required for export.

A training course for medical device specialists will also be provided. Thirty unemployed youths will be educated on medical device quality management (GMP), clinical evaluation, measurement system analysis, overseas certification, and more. Graduates will be connected to employment through agreements with G-Valley medical device companies.

Guro-gu is also promoting a ‘Customized Administrative Office Personnel Training Project’ to alleviate the manpower shortage of G-Valley SMEs. Many SMEs require one employee to perform various tasks, but it is difficult to secure personnel.

Therefore, Guro-gu plans to produce specialized personnel that meet corporate demand by providing a program where participants can learn overall administrative tasks such as human resources, labor, and accounting.

The training will be conducted until August for about 20 people, including career-interrupted women and youths under 45 years old, and after the training, support will be provided to connect them to employment through promotion with G-Valley companies and related organizations.

A Guro-gu official said, “We expect this G-Valley company support project to help strengthen the growth engine of companies and create new jobs,” and added, “We will do our best to prepare policies that reflect the characteristics of the local industry and the demands of companies on site.”

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