Sharing Success Stories of Small Business Owners in Product Development, Improvement, and Online Market Expansion

The scene of the recorded mentoring session for the profit-sharing type business for small business owners. <br>[Photo by Ministry of SMEs and Startups]

The scene of the recorded mentoring session for the profit-sharing type business for small business owners.
[Photo by Ministry of SMEs and Startups]

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[Asia Economy Reporter Kim Jonghwa] The Ministry of SMEs and Startups announced that it will recruit small business owners who wish to participate in the 'Profit-Sharing Commercialization Support Project,' where successful CEOs transfer technology and know-how and share the resulting profits, from the 1st to the 16th.


The 'Profit-Sharing Commercialization Support Project' is a program in which successful CEOs provide customized support for small business owners in all aspects of their business, including product and service development, management innovation, and online market expansion, based on their experience and know-how, and share a portion of the excess sales and other successful outcomes generated by the small business owners.


Successful CEOs consist of experts with many years of experience and professional knowledge in the relevant industries and fields.


Notable participants include Kim Donggi, CEO of Osteria Juyeon, who appeared on 'SBS Master of Living's Famous Restaurants,' Lim Seonghwan, CEO of Rabbit Company, who won the 'Baedal Minjok Delivery Award,' and Jeong Heeyoon, CEO of Nadri Jjolmyeon, operating a third-generation snack bar selected as a 'Baeknyeon Gage' (Century Store). Additionally, if small business owners wish for other successful CEOs, matching will be arranged as much as possible.


The matched successful CEO will visit the small business site directly to diagnose areas needing improvement, provide solutions, and work together to resolve issues. The funds required during this process will be supported by the Ministry of SMEs and Startups up to 10 million KRW per business site.


Small business owners who achieve results such as increased sales through participation in the project will share part of their success with the local community, spreading a culture of win-win cooperation. Furthermore, excellent products among the improved items will receive support for online mall entry and live commerce to secure sales channels.



More detailed information can be found on the websites of the Ministry of SMEs and Startups and the Small Business Market, and applications can be submitted online through the Small Business Market website.


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

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