For Education and Consulting Companies with Expertise in the Global Procurement Market

Small and Medium Business Corporation

Small and Medium Business Corporation

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[Asia Economy Reporter Kim Cheol-hyun] The Ministry of SMEs and Startups (Minister Park Young-sun, hereinafter referred to as the Ministry) and the Small and Medium Business Corporation (Chairman Kim Hak-do, hereinafter referred to as SBC) announced on the 14th that they will publicly recruit subcontractors for a new project called the Global Procurement Marketer Project, which supports small and medium enterprises' entry into international organization procurement markets, until the 2nd of next month.


The international organization procurement market is a massive market worth 21.6 trillion KRW and grows more than 3% annually, but Korea's market share has been continuously declining. Accordingly, the Ministry and SBC plan to newly promote the Global Procurement Marketer Project targeting this specialized international organization procurement market this year and support the expansion of domestic companies' entry into the global procurement market.


First, subcontractors to jointly operate the Global Procurement Marketer Project will be selected, and recruitment for participating companies is scheduled to begin in February. The applicants for subcontractors are educational or consulting companies or institutions possessing specialized knowledge of the global procurement market, including international organizations, and the project budget is 1 billion KRW.


The public offering project consists of two detailed projects: comprehensive consulting for companies entering the international organization procurement market and training of procurement specialists for international organizations. The comprehensive consulting for companies aims for successful bidding through preparations such as packaging renewal and sustainability management report writing for pre-bidding, as well as practical bidding promotion including registration on international organization bidding sites and proposal writing. The training of procurement specialists for international organizations includes in-depth domestic education with bidding practice and overseas field dispatch programs to understand international organization bidding.



Detailed information such as subcontractor eligibility and submission documents can be found in the announcement on the Ministry and SBC websites, and inquiries can be made to the SBC Export Marketing Business Division. Chairman Kim Hak-do said, "There is uncertainty in the export market due to COVID-19," and added, "We hope that many capable professional institutions will show interest in supporting excellent domestic SMEs and startups to secure new channels in the international organization procurement market and grow."


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

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