Gwangju Buk-gu Selected as an Excellent Institution in Social Enterprise Development Evaluation

[Asia Economy Honam Reporting Headquarters Reporter Kim Yukbong] Buk-gu, Gwangju Metropolitan City (District Mayor Moon In) announced on the 1st that it received the Excellence Award as the only autonomous district in Gwangju in the ‘Outstanding Institution for Social Enterprise Promotion’ evaluation hosted by the Ministry of Employment and Labor, along with an institutional commendation and a prize money of 50 million won.

This evaluation was based on the social enterprise policy projects and job creation achievements promoted by 243 local governments nationwide, and Buk-gu received high scores in five comprehensive indicators: social enterprise revitalization, social enterprise discovery, job creation, social enterprise promotion, and others.

This year, Buk-gu has been striving to create jobs through the social economy enterprise financial support project, focusing on strengthening the self-reliance foundation of social economy enterprises by discovering and nurturing social economy organizations and supporting business development expenses.

In particular, it supported expanding sales channels by implementing the ‘Public Institution Priority Purchase Disclosure System,’ which allows priority purchase of goods, services, or products from social economy enterprises, signing business agreements with public institutions for sales channel support, and operating joint sales centers for social economy enterprise products.

While promoting 19 tasks in five major areas to revitalize the social economy, Buk-gu is also strengthening networks among social economy councils and enhancing capabilities by operating talent development programs.

District Mayor Moon In said, “The growth of social economy enterprises becomes the foundation for revitalizing the livelihood economy,” and added, “We will continue to actively support social economy enterprises to grow stably by expanding management consulting and product promotion.”

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