Application Deadline Until the 9th of Next Month, Up to 25 Million KRW Support for Startup Costs

Exterior view of Hapcheon County Office (Photo by Hapcheon County)

Exterior view of Hapcheon County Office (Photo by Hapcheon County)

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[Asia Economy Yeongnam Reporting Headquarters Reporter Choi Soon-kyung] Hapcheon-gun, Gyeongnam announced on the 27th that it will promote the 2021 Youth and Women Merchant Startup Support Project to revitalize traditional markets and shopping districts and create jobs for youth and women.


The project, a public pledge of the 7th local government administration, supports startup costs (facility interior costs, store rent, etc.) up to 25 million KRW per location out of a total project cost of 50 million KRW (50% subsidy, 50% self-payment) for youth and women who wish to start a business in the area. Applications are being accepted until the 9th of next month.


This year, the project scale is a total of 4 locations, and the support targets are youth aged 19 to 39 and women under 60 years old who have an address in the county as of the announcement date, who have no startup experience or do not own a business under their name.


Those who wish to participate in the startup support project can submit the application form and required documents to the Economic and Transportation Division of the County Office's 2nd building.


Preliminary subsidy recipients will be selected through a first document screening and a second interview and presentation screening, and the final selection will be made after review by the Local Subsidy Deliberation Committee.



Park Mu-gon, head of the Economic and Transportation Division, said, “We will do our best to revitalize the stagnant economy by intensively promoting necessary projects such as startup support projects to revitalize traditional markets and alleyway commercial districts that have lost vitality due to COVID-19.”


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

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