Jeonnam Governor Kim Young-rok Proposes Expansion of Disaster Support for Small Business Owners

[Asia Economy Honam Reporting Headquarters Reporter Yoon Jamin] Kim Young-rok, Governor of Jeonnam Province, has requested an expansion of support for disaster-affected small business owners.

According to Jeonnam Province on the 18th, Governor Kim met with Park Young-sun, Minister of SMEs and Startups, who visited the flood damage site at Gurye 5-day Market, and proposed two items: "Improvement of disaster relief fund support conditions" and "Establishment of disaster support funds for small business owners."

Governor Kim said, "According to the Ministry of the Interior and Safety guidelines, the disaster relief fund provides 2 million won per store to disaster-affected small business owners, but small merchants without a business registration certificate are not eligible. When supporting small business owners with the disaster relief fund, small merchants without a business registration certificate who are actually operating in traditional markets should also be supported."

He added, "There is no support when small business owners prepare to reopen by purchasing goods for damage recovery caused by natural disasters such as heavy rain and typhoons. Meanwhile, agriculture, fisheries, and livestock industries receive support for damaged crop seeds and costs for seedlings and stocking for damage recovery."

Furthermore, he said, "The Ministry of SMEs and Startups has previously supported up to 3 million won per store for reopening stores visited by confirmed COVID-19 cases. It is necessary to establish a disaster support fund (2 million won) for disaster-affected small business owners through national matching funds for the disaster relief fund (provincial funds)."

Minister Park Young-sun of the Ministry of SMEs and Startups promised, "When the Ministry supports emergency management stabilization funds for disasters, we will make every effort to support small business owners in various ways, including retroactive application of support if they register their business now even if they previously did not have a business registration certificate."

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