Shinbo participates in '2020 Silpae Expo' to hold re-leap and re-challenge consultations

Guidance and Consultation on Various Rechallenge Programs Operated by Shinbo

[Asia Economy Reporter Park Sun-mi] On the 18th, the Korea Credit Guarantee Fund announced that it will participate in the ‘2020 Failure Expo’ hosted by the Ministry of the Interior and Safety and the Ministry of SMEs and Startups to provide consultation support for companies in management crisis and failed companies.

The Failure Expo has been held annually since 2018 to improve the positive perception of failure and encourage re-challenge, and the Korea Credit Guarantee Fund is the only financial public institution to participate for three consecutive years.

Starting from June 17th in Ulsan and Sejong, this regional expo will be held online in a non-face-to-face manner in six regions nationwide. The Korea Credit Guarantee Fund will deploy expert supporters to provide guidance and consultation on related systems.

The Korea Credit Guarantee Fund supports the recovery of companies in management crisis and failed companies through various programs such as the ‘Re-challenge Program,’ ‘Re-startup Program,’ and ‘SME Value-up Program.’

A representative of the Korea Credit Guarantee Fund said, “We aim to share the experiences of companies that have overcome failure and provide hope and opportunities for re-challenge to companies,” adding, “Taking the participation in the Failure Expo as an opportunity, we plan to continuously expand various systems to more broadly support re-startup and re-leap in the future.”

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