Daejeon City Provides Up to 2 Million Won Support for Businesses Under Gathering Bans and Operation Restrictions

[Asia Economy (Daejeon) Reporter Jeong Il-woong] Daejeon City will provide special loss support funds to businesses that have been prohibited from gathering or restricted in operation due to social distancing measures.

The city announced on the 1st that it plans to provide 2 million KRW each to 543 entertainment establishments where business (gathering) was prohibited to prevent the spread of COVID-19, and 1 million KRW each to 27,962 establishments with restricted operations such as restaurants, academies, and sports facilities.

The eligible businesses are expected to include 257 danranjumeok (karaoke bars), 242 yuhengjumeok (nightclubs), 8 colateks (karaoke clubs), 19 holdem pubs, 16 party rooms, as well as 19,605 restaurants and cafes, 4,170 academies and tutoring centers, 2,141 indoor sports facilities, 1,212 noraeyeonjeupjang (singing practice rooms), 750 lodging facilities, 83 direct sales promotion centers, and 1 indoor standing performance hall.

However, businesses that violate administrative orders will be excluded from support.

The city will provide the first round of support funds to these businesses from the 5th until before the Lunar New Year holiday. Additionally, for businesses not included in the first round, applications will be accepted after the holiday and payments will be completed by mid-month.

The support fund recipients include businesses exceeding the scope of small business owners. Furthermore, business owners operating multiple establishments will be able to receive support funds for each establishment, according to the city.

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