Gangbuk-gu 'Small Business New Hope Fund' On-site Application Center Operation
On-site Registration Desk Fully Operational at Gangbuk Culture and Arts Center Exhibition Hall Until November 6... Call Center and Administrative Staff Deployed for Smooth Progress
[Asia Economy Reporter Park Jong-il] Gangbuk-gu (Mayor Park Kyum-soo) will operate an on-site application center for the Small Business New Hope Fund until November 6.
The 'Small Business New Hope Fund' is a customized cash support measure for small business owners experiencing management difficulties due to strengthened social distancing.
The application center is set up in the exhibition hall of the Gangbuk Culture and Arts Center, where administrative support staff assist with guidance and consultation throughout the application process to ensure smooth operation.
The support targets small business owners who have registered their business and are operating as of the application date (started business before May 31, 2020). It is divided into special damage industries subject to government quarantine measures (August 16, 2020) such as facilities with gathering bans and business restrictions, and general industries. The support amount by industry is 2 million KRW for gathering ban facilities like karaoke rooms and entertainment bars, 1.5 million KRW for business-restricted establishments like general restaurants, and 1 million KRW for other facilities.
Small business owners in special damage industries will receive support regardless of sales decline. For general industries, eligibility requires meeting criteria such as small business status and sales volume. Detailed criteria can be found by searching for the New Hope Fund in the news section of the district office website.
On-site applications will follow a 5-day rotation system based on the last digit of the applicant's birth year. During the first week of operation until October 30, applicants with birth year ending digits 1 and 6 can apply, and on the 27th, those with digits 2 and 7 can apply. From November 2 to 13, the second week and the objection period, applications are accepted regardless of birth year digits.
Required documents for on-site application include ID card, application form, copies of bankbook and business registration certificate, and various consent forms. For further details, inquiries can be made to the call center.
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Mayor Park Kyum-soo of Gangbuk-gu said, “I hope this project will provide practical help to small business owners facing difficulties due to the prolonged COVID-19 pandemic,” and added, “We will strive to operate the on-site application center and promote the project to ensure that no eligible applicants who have difficulty applying online are left out.”
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