Heungkuk Fire & Marine Insurance Supports Small Business Owners Struggling Due to COVID-19

[Asia Economy Reporter Oh Hyung-gil] Heungkuk Fire & Marine Insurance announced on the 13th that it is holding the 'Cheer Up, Our Neighborhood Boss' event to support small business owners struggling due to the prolonged COVID-19 pandemic.

Participants can submit photos or videos capturing small business owners who are doing their best in their work despite difficult circumstances, along with their stories.

Anyone who is a citizen of the Republic of Korea is eligible to apply, and recommendations can be made for oneself, family members, or acquaintances. Recommended business owners must operate establishments with fewer than five employees.

Submitted photos and videos will be judged based on originality and sincerity, selecting five winners who will receive support funds worth approximately 1 million KRW and assistance in producing promotional videos for their stores. Referrers will also receive gift certificates worth about 200,000 KRW. Additionally, 100 participants will be randomly selected to receive chicken and cola sets as gifts.

Applications are open until September 5th, and the results will be announced on September 17th on the Heungkuk Fire & Marine Insurance blog.

A representative from Heungkuk Fire & Marine Insurance said, "This event was planned to support and encourage neighborhood small business owners who are enduring difficult times. We aim to provide practical help through support funds and promotional video production, and promote the selected businesses via Heungkuk Fire & Marine Insurance’s SNS channels."

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