Support for Export Companies in Gyeonggi-do... Commendation for Meritorious Persons and Discovery of Frontier Companies

[Asia Economy (Uijeongbu) = Reporter Lee Young-gyu] Gyeonggi Province is set to discover export contributors and frontier companies.

On the 29th, Gyeonggi Province announced that it will recruit export contributors and frontier companies who have overcome crises amid difficult external conditions such as COVID-19 and contributed to revitalizing the local economy with outstanding export performance.

The province will first select and commend local companies that have contributed to revitalizing the regional economy through export and exchange cooperation activities.

The selection targets are excellent export companies and companies, related organizations, and contributors who have contributed to exchange cooperation activities among small and medium-sized enterprises in the province. The selection scale includes 32 companies in the export promotion field, 14 companies in the export innovation field, 4 companies in the exchange cooperation field, and 5 companies including corporate executives and employees and related organization contributors.

Companies wishing to apply should submit their applications to the Secretariat of the Gyeonggi Export Enterprise Association by August 28, with recommendations from heads of local economic organizations.

The province is also recruiting export frontier companies that receive additional points when participating in overseas exhibitions or trade promotion groups as early-stage export companies.

The selection targets are small and medium-sized enterprises in the province that have recorded export performance since January 2018. The province will select about 80 companies.

In particular, among this year's export frontier companies, the company achieving the highest export amount will be awarded the title of 'Export Rookie of the Year.' Companies selected as Export Rookie of the Year will receive additional points when applying for export support projects.

The province will announce the final list of export contributors and export frontier companies around November and present commendations and plaques at the year-end '2020 Gyeonggi Province Export Entrepreneurs Day' event.

Kim Gyu-sik, Director of Economic Planning of the province, said, "With Korea's status rising through K-quarantine amid COVID-19, a green light is turning on for domestic export companies to advance overseas," adding, "We will actively discover and support various policies and projects so that local companies can have high competitiveness in overseas markets."

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