Ministry of the Interior and Safety Selects Two Excellent Village Enterprises in Jeonbuk

Excellence Award 'Wonyeonjang Village', Prize 'Healthy Table'... Incentive Project Funding Provided to Each Company
Leading the Realization of Social Value through Community Revitalization and Local Social Contribution Activities

[Jeonju=Asia Economy Honam Reporting Headquarters Reporter Kim Tae-in] At the National Excellent Village Competition hosted by the Ministry of the Interior and Safety, ‘Wonyeonjang Village’ in Jinan, Jeollabuk-do, and ‘Geonganghan Bapsang’ in Wanju were selected as excellent village enterprises.

According to Jeonbuk Province on the 7th, an excellent village is a village enterprise that meets all four major operating principles of village enterprises (community, publicness, locality, entrepreneurship) and has realized social value through excellent management performance, creation of quality jobs, revitalization of the village community, and contribution activities to the local community. It is spread as a model case of village enterprises nationwide and receives support for business development costs.

In this competition, one grand prize, two excellence awards, three encouragement awards, and five winning places were selected nationwide. Incentive project funds of 70 million KRW, 50 million KRW, 30 million KRW, and 10 million KRW are provided respectively to help the selected village enterprises leap forward as leading village enterprises.

‘Wonyeonjang Village’ in Jinan, which won the excellence award, is a village enterprise with very excellent community and publicness. All residents of the village (26 households) are investors in the village enterprise, and since its establishment in 2015, it has maintained community spirit without a single withdrawal. Utilizing local agricultural products such as lotus leaves, it operates a farm restaurant and is a growing village enterprise with sales of 25 million KRW in 2015 and 166 million KRW in 2019.

In addition, by purchasing agricultural products from all village residents at high prices, it contributes to stable farm income creation and takes the lead in solving local problems by fostering a sense of community through job creation and village harmony.

‘Geonganghan Bapsang’ in Wanju, which won a prize, has been designated as a village enterprise since 2010 and has created nine full-time jobs through agricultural product package delivery business and entrusted meal service for children in need in Wanju County. It achieved sales of 720 million KRW in 2019 and is on the verge of achieving 1 billion KRW in sales in 2020 despite difficulties due to COVID-19.

Na Seok-hoon, head of the Jeonbuk Province Job Economy Headquarters, said, “Jeollabuk-do will spare no support in discovering and fostering excellent village enterprises that lead income and job creation using local resources and realize community benefits.”

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