Recruitment of Awardees for the 25th Gyeongnam Small and Medium Business Awards

Recognition of 13 Companies in 6 Areas Including Business Innovation and Export, and 10 Outstanding Long-term Employees

[Asia Economy Yeongnam Reporting Headquarters Reporter Park Saeyan] Gyeongsangnam-do announced on the 5th that it is recruiting candidates for the 'Gyeongnam Small and Medium Enterprise Awards' to discover and reward small and medium-sized enterprises and outstanding long-term employees who have contributed to the development of the local economy.

Now in its 25th year, the Gyeongnam Small and Medium Enterprise Awards is an event co-hosted by the Gyeongnam Regional Small and Medium Venture Business Administration (Gyeongnam SMBA), Gyeongnam Bank, and Gyeongnam Newspaper, having awarded a total of 158 companies and 91 workers up to last year.

The 25th Gyeongnam Small and Medium Enterprise Awards plans to select a total of 13 companies and 10 outstanding long-term employees across 6 categories: 6 companies receiving the Gyeongsangnam-do Governor's Commendation (2 for management innovation, 2 for export, 2 for women-owned businesses), 6 companies receiving the Minister of SMEs and Startups Commendation (3 for technological innovation, 3 for startup ventures), 1 special award from the Gyeongnam Bank President's Commendation, and 10 outstanding long-term employees.

Eligibility for application is limited to companies headquartered in Gyeongnam and long-term employees.

Due to the prohibition of re-awarding, business owners or contributors who have received the Gyeongsangnam-do Governor's Commendation or the Minister of SMEs and Startups Commendation within 2 years from the award date are excluded.

Companies selected for the 'Gyeongnam Small and Medium Enterprise Awards' will receive various benefits such as preferential interest rate support from Gyeongsangnam-do SME development funds, preferential treatment in projects under the jurisdiction of Gyeongnam SMBA, exemption from tax audits for 3 years if there are no local tax arrears, preferential credit support from Gyeongnam Bank, and promotion through publication in Gyeongnam Newspaper.

Outstanding long-term employees will be awarded a prize of 2 million KRW.

The awards ceremony is scheduled to be held at the Gyeongnam Provincial Office on October 26. For more details, please refer to the notices on the websites of Gyeongsangnam-do and Gyeongnam SMBA.

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