Gimhae City Selects 8 Additional Companies as 'Baeknyeon Small Giants'

Ministry of SMEs and Startups Introduces Program for the First Time This Year... Expands to 13 Companies in Gimhae Region

[Asia Economy Yeongnam Reporting Headquarters Reporter Lee Sang-hyun] On the 18th, Gimhae City in Gyeongnam announced that eight local companies were newly selected as 'Baeknyeon Sogongin' by the Ministry of SMEs and Startups.

Baeknyeon Sogongin is a system newly introduced this year by the Ministry of SMEs and Startups to encourage excellent small artisans who have maintained business experience in one field for more than 15 years with craftsmanship spirit.

In Gimhae City, eight companies including Heeseong Industry, Yurim Tech, Seonggwang Giyun, Yuwon Metal, Dongwoo M-Tech, Woorim Ceramics, Pyeonghwa Ceramics, and Daesung C&U were newly selected, bringing the total to 13.

Selected companies receive a Baeknyeon Sogongin certificate and certification plaque, and when utilizing specialized funds for small artisans to replace production facilities or introduce automation equipment, they are supported with reduced loan interest rates. In addition, extra points are granted when selected for various small artisan support projects by the Ministry of SMEs and Startups.

Mayor Heo Seong-gon said, "I feel proud that various companies in our city have been selected as Baeknyeon Sogongin," and added, "We will support the selected companies to continue growing and strengthen efforts to discover more Baeknyeon Sogongin."

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