Venture Business Association Currently Accepting Applications for Non-Face-to-Face Service Vouchers

[Asia Economy Reporter Moon Hyewon]The Korea Venture Business Association announced on the 2nd that it is recruiting voucher demand companies as the operating institution for the ‘2020 Ministry of SMEs and Startups Non-face-to-face Service Voucher Support Project.’ So far, about 35,000 companies have applied for the vouchers.

This project aims to promote digitalization of companies by supporting 80,000 small and venture companies that want to introduce and utilize non-face-to-face systems such as video conferencing, telecommuting, and network/security solutions with vouchers up to 4 million KRW (including 10% company co-payment), and to foster domestic companies in the non-face-to-face service sector to prepare for the post-COVID-19 era.

Recently, to revitalize the project, application requirements and procedures have been simplified so that more small and venture companies can receive voucher support benefits. Among the application restrictions, the ‘confirmation of personal debt default of the company representative’ and the ‘SME confirmation certificate,’ which was a difficult mandatory submission document to prepare, have been excluded.

Kim Jin-hyung, the full-time vice president of the Korea Venture Business Association, said, “Among the association’s member companies, 87 have been selected as non-face-to-face service voucher supplying companies, which is expected to create opportunities for cooperation between member companies (suppliers and demanders).”

Meanwhile, small and venture companies wishing to receive voucher support can designate and apply for the Korea Venture Business Association as the operating institution on the K-Non-face-to-face Voucher Platform.

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