Gwangju City Recruits and Supports Companies Wishing to Participate in Domestic and International Exhibitions

[Asia Economy Honam Reporting Headquarters Reporter Park Seon-gang] Gwangju Metropolitan City announced on the 24th that it is recruiting companies wishing to participate individually in domestic and international famous exhibitions (fairs) to help local small and medium-sized enterprises (SMEs) develop overseas market channels and promote the excellence of local products.

This year, considering the COVID-19 situation, both online and offline exhibitions will be supported.

The support scale is about 21 companies in total, including 15 companies for overseas exhibitions and 6 companies for domestic exhibitions. Selected companies will receive support for booth rental fees (offline) or participation fees (online) up to 5 million KRW.

The support targets are local small and medium export companies with export performance of 20 million USD or less in the previous year, and participating companies will be selected by evaluating their contribution to the local economy and export readiness.

Companies designated as Myungso Small Giants and Excellent Job Creation Companies will receive additional points.

Companies wishing to participate can download the application form from the Information Resources section on the Gwangju Economic and Employment Promotion Agency website, fill it out, and submit it by mail or visit to the Gwangju Economic and Employment Promotion Agency by the 16th of next month.

In addition, support is provided for small business export consulting (up to 20 sessions per company), overseas logistics costs (up to 400,000 KRW per month and 3 million KRW annually per company), production of promotional websites for export companies (up to 3 million KRW for websites and promotional videos, 1.5 million KRW for product brochures), and overseas certification (up to 2 certifications per company).

Son Hang-hwan, head of the city’s Enterprise Development Division, said, “We hope that local export companies, which have been contracted due to the impact of COVID-19, will actively utilize the exhibition participation support policy to help advance into overseas markets and increase exports.”

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