Daejeon City Provides 1 Million Won Financial Support Per Business to Local Tourism Industry

[Asia Economy (Daejeon) Reporter Jeong Il-woong] Daejeon City is set to provide financial support to the local tourism industry. This initiative aims to help stabilize the management of businesses facing economic difficulties, such as decreased sales due to the impact of the novel coronavirus infection (COVID-19).

According to the city on the 12th, the financial support targets tourism businesses registered under the Tourism Promotion Act as of the announcement date (the 13th), including ▲travel agencies ▲tourism accommodation businesses ▲tourist facility operators ▲international conference businesses ▲amusement facility businesses ▲tourism convenience facility businesses.

The city plans to provide approximately 1 million KRW to each eligible business. However, if the same representative operates multiple businesses within the same industry, only one business will be supported.

The support will be provided under categories such as social network service (SNS) production costs, office rent, and facility expenses. Tourism businesses must first incur the expenses and then submit the relevant forms and supporting documents, after which the city will conduct a qualification review and disburse the funds.

The city intends to support management costs incurred since March to revitalize and lay the foundation for recovery of the tourism industry after COVID-19.

Applications will be accepted from the 19th of this month until the 13th of next month through the Daejeon Economic and Trade Promotion Agency and the Daejeon Tourism Association.

For more detailed information, please visit the Daejeon City website or the websites of the Daejeon Economic and Trade Promotion Agency and the Daejeon Tourism Association.

Son Cheol-woong, Director of the Culture, Tourism and Sports Bureau of Daejeon City, said, “We hope this support project will help establish a recovery foundation and stabilize management for the tourism industry, which has been directly hit by COVID-19. The city will continue to strive to be a pillar that enables the local tourism industry to make a leap forward as we move through the with-Corona era.”

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