Gyeonggi-do Supports Strengthening Capabilities for 'Growth and Development of Local Commercial Districts'

[Asia Economy Reporter La Young-cheol] Gyeonggi Province is helping small business owners in neighborhood commercial districts organize into communities to diagnose and solve their own challenges and strengthen their capabilities.

According to the province on the 8th, 'local organization collaboration,' 'win-win agreement signing,' and 'university collaboration projects' will each select 10 locations, and the newly launched 'customer center installation' project will select 3 locations, supporting a total of 33 neighborhood commercial districts.

'Local organization collaboration' provides 20 million KRW in support when neighborhood commercial districts work with local organizations such as social welfare institutions and non-profit private organizations to promote small-scale facility improvement projects.

'Win-win agreement signing' supports projects needed for space creation and experience programs up to 20 million KRW for neighborhood commercial districts that have signed various win-win agreements, including compliance with the Commercial Building Protection Act, with 10 or more landlords.

'University collaboration projects' support up to 20 million KRW for projects that promote commercial district revitalization by collaborating with students majoring in art, video, advertising, and other fields at local universities to create various content.

The newly launched 'customer center installation' project this year supports the installation of 'commercial district customer centers' that jointly sell and distribute representative products of neighborhood commercial districts or serve roles such as customer service and rest areas, investing up to 200 million KRW per location.

The province plans to accept applications through each city and county by May 13, select support targets, and proceed with the projects starting in June.

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