SANEUN, 30 Million KRW Support for Artists Affected by COVID-19

KDB Warm Companionship 44th Sharing Practice

[Asia Economy Reporter Park Sun-mi] On the 30th, Korea Development Bank (KDB) announced that it selected 10 artists facing difficulties such as performance cancellations due to COVID-19 as the 44th beneficiaries of the 'KDB Warm Companionship' sponsorship program and delivered a total of 30 million KRW in support funds for artistic creation activities.

The beneficiaries were selected based on recommendations from the Korea Artists Welfare Foundation, choosing 10 artists from applicants of the foundation's Creative Preparation Fund support project who aligned with the sponsorship purpose of the 'KDB Warm Companionship' program.

Among the selected artists were a popular music drummer and dancer worried about their livelihood due to cancellations of local performances and festivals, a film director struggling with economic difficulties after production investments were canceled due to COVID-19, a dancer overcoming career interruptions caused by childbirth and childcare, a daegeum player active in a folk music band, theater and musical actors, and a popular music guitarist, representing various artistic fields, enabling them to continue their creative activities.

The sponsorship fund delivery ceremony held the day before at the Korea Artists Welfare Foundation was attended by Park Seon-kyung, Head of Management Division at KDB, and Park Young-jung, CEO of the foundation. Both organizations agreed to further cooperate to support artists facing hardships due to COVID-19.

KDB has selected beneficiaries with various backgrounds and, including this support, has delivered a total of 660 million KRW in warm sponsorship funds over 44 rounds.

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