Seoul City Provides Up to 2 Million KRW Support for Female Craft Entrepreneurs
Selected 25 Companies for Growth Support Usable in Management, Product Development, and Market Expansion
[Asia Economy Reporter Lim Cheol-young] The Seoul Metropolitan Government is providing growth support funds of up to 2 million KRW that can be used for management, product development, and sales channels to help female craft entrepreneurs who are struggling due to COVID-19 continue their entrepreneurial activities.
On the 15th, Seoul announced that it is recruiting participants for the ‘2021 Female Craft Entrepreneurs Growth Support Project Gongye Changchang’ at the Seoul Women’s Craft Center, a complex cultural platform that professionally supports and nurtures the creative and entrepreneurial activities of female craft artists.
The ‘2021 Female Craft Entrepreneurs Growth Support Project Gongye Changchang’ is open to any female craft startup company located in Seoul that has a craft-based business item and has been in business for more than one year but less than seven years.
Twenty-five selected companies will receive growth support funds of up to 2 million KRW that can be used in the areas of management, development, and sales channels. In addition, matching funds will be provided through push support during crowdfunding operations, and networking among female craft entrepreneurs will be encouraged through the Gongye Changchang orientation and performance sharing sessions.
The application period for the ‘2021 Female Craft Entrepreneurs Growth Support Project Gongye Changchang’ is until the 23rd, and applicants can download the application form from the website, fill it out, and submit it via email.
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Kim Ki-hyun, the Seoul Metropolitan Government’s Women’s Policy Officer, said, “The early and growth stages of startups are times of many difficulties such as product development and securing sales channels, and this year is especially challenging due to COVID-19. We will ensure that the Gongye Changchang project serves as a catalyst so that female craft entrepreneurs can continue their ventures.”
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