[Asia Economy (Daejeon) Reporter Jeong Il-woong] The Korea Forest Service announced on the 30th that it will accept application documents for the ‘2021 1st Forest-type Preliminary Social Enterprise Designation’ until the 23rd of next month.


Companies wishing to be designated as forest-type preliminary social enterprises must complete the application documents and submit them to the ‘Social Enterprise Integrated Information System’.


After submitting the application, the final designation will be decided through compliance review with the Ministry of Employment and Labor’s ‘Ministry-type Preliminary Social Enterprise Designation System’ requirements, on-site inspection, and the Forest-type Preliminary Social Enterprise Review Committee.


Once designated as a forest-type preliminary social enterprise, companies can receive management support, financial support, and business development funds from the Ministry of Employment and Labor.


Additionally, the Korea Forest Service plans to provide support such as management consulting, market access, product brand development, and corporate promotion.


However, support can only be received when fulfilling social objectives and roles as a social economy enterprise. For example, if the preliminary social enterprise designation requirements are not maintained, or in cases of violations of the Labor Standards Act, fraudulent receipt of subsidies, or failure to submit business reports, support may be suspended even after designation.



Kim Jong-geun, head of the Forest Job Startup Team at the Korea Forest Service, said, “The growth of social economy enterprises in the forest sector will expand stable private-sector employment and play a significant role in revitalizing the mountain village economy after overcoming COVID-19. Especially this year, we will strive to realize qualitative growth of social economy enterprises in the forest sector by discovering customized support projects centered on enterprises.”


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

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