Jungjingong Invites Participation in Carbon Neutral Management Innovation Voucher Project

Recruiting 300 Companies Until the 30th... Up to 50 Million KRW Support for Small Manufacturing Businesses

[Asia Economy Reporter Kim Cheol-hyun] The Small and Medium Business Corporation (Chairman Kim Hak-do, hereinafter referred to as SBC) announced on the 19th that it is recruiting companies to participate in the Carbon Neutral Management Innovation Voucher Project.

According to the 'KOSME Issue Focus' survey results announced by SBC on the 14th, the area where small and medium-sized enterprises (SMEs) face the most difficulty in preparing for ESG (Environmental, Social, and Governance) management is the environment (47.7%). Accordingly, SBC has established the Carbon Neutral Management Innovation Voucher Project to support SMEs in building low-carbon management systems and transitioning to ESG management.

The Carbon Neutral Management Innovation Voucher is a project that targets manufacturing micro-enterprises with high carbon reduction potential, providing in-depth consulting through carbon level diagnosis, and offering a package of low-carbon technology support programs based on the consulting results.

The support target is manufacturing micro-enterprises with an average sales revenue of 12 billion KRW or less over the past three years, focusing on 10 high-carbon emission industries such as primary metal manufacturing, automobile and trailer manufacturing, and non-metallic mineral product manufacturing.

For this recruitment, a budget of 10 billion KRW has been allocated to support 300 companies. Target companies will be selected considering high-carbon emission industries and carbon reduction potential, and full-scale support will begin in October.

Selected companies will receive government subsidies covering 90% of the total voucher amount, up to a maximum of 50 million KRW. Companies can use the vouchers to freely select and utilize desired services from the service menu.

The service menu consists of six categories including consulting (carbon neutral management innovation), technical support (prototype production, energy efficiency improvement systems and facility construction, eco-friendly and low-carbon related certification and product testing, carbon reduction related design), among others. Applications for participation can be made on the Innovation Voucher website until the 30th.

Chairman Kim Hak-do stated, "Even after the voucher project ends, we plan to support companies that need funds for equipment and facility investments to reduce carbon emissions by providing dedicated financing, and also link education to raise awareness of carbon neutrality. SBC will spare no effort to strengthen the capabilities of SMEs to achieve carbon neutrality by 2050."

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