Support Fund Plus for Small Business Owners, 1.4 Trillion Won Paid to 760,000 People on Second Day

Cumulative Applications: 1,555,475 Businesses, Total Application Amount 2.8488 Trillion KRW

On the 16th, when in-person applications for the Small Business Support Fund for digitally vulnerable groups began, small business owners were receiving consultations related to the Support Fund at the Small Enterprise and Market Service Seoul Jungbu Center. The Ministry of SMEs and Startups announced that among the recipients of the Support Fund, small business owners who cannot verify their identity online or wish to receive the support fund through a proxy can make a reservation and visit the on-site application center to apply in person from today until the 26th. Photo by Moon Honam munonam@

[Asia Economy Reporter Kim Heeyoon] On the second day of applications for the Small Business Support Fund Plus on the 30th, 764,957 businesses applied for a total of 1.4065 trillion KRW.

The Ministry of SMEs and Startups announced that as of the second day of applications for the Support Fund Plus, the cumulative number of applicant businesses reached 1,555,475, with a cumulative application amount of 2.8488 trillion KRW.

As of 12 PM on the same day, the Ministry added that 588,199 businesses had been paid a total of 1.104 trillion KRW on the day.

On the first day, 856,000 businesses applied for 1.5925 trillion KRW. Among them, 787,000 businesses received payments totaling 1.4372 trillion KRW.

On the 29th, starting from 6 AM, application guidance texts were sent to 1.16 million first-round rapid payment recipients whose business registration numbers ended with an odd digit. After receiving applications, payments were completed in three batches: applicants by 12 PM were paid from 1:30 PM, applicants by 6 PM were paid from 8 PM, and applicants by midnight on the 30th were paid from 3 AM today.

On the second day, starting from 6 AM, application guidance texts were sent to 1.16 million first-round rapid payment recipients whose business registration numbers ended with an even digit. Payments for applications on this day will also be made in three batches.

The Ministry explained that to prepare for a surge in applicants, the processing capacity of the Support Fund Plus application website was significantly expanded, allowing normal operation without connection delays despite many simultaneous accesses.

Meanwhile, from the 31st, applications can be submitted through the Support Fund Plus website regardless of whether the business registration number ends with an odd or even digit.

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