Ministry of SMEs and Startups - SBC, Accept Applications for 'e-Commerce Incubating Project'
Collaborating with SK Planet, Wemakeprice, and Opennol to Support e-Commerce Expansion

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[Asia Economy Reporter Kim Bo-kyung] The Ministry of SMEs and Startups and the Small Enterprise and Market Service (SEMAS) will begin recruiting small business owners to participate in the 'e-Commerce Incubating Project,' one of the Hope Return Package programs supporting small business owners' recovery, starting from the 25th.


The Hope Return Package is a program designed to help small business owners who have closed or are about to close their businesses due to deteriorating business conditions to quickly settle their business affairs and recover by finding employment or restarting their businesses.


SEMAS has revamped the new project to establish an online growth foundation for small business owners amid the expansion of the non-face-to-face economy and is supporting business conversion and re-startup in the e-commerce sector.


In collaboration with three private operators?SK Planet, WEMAKEPRICE, and Openknowl?this project assists small business owners in entering the e-commerce market. A total of 740 small business owners will be supported this year, and applicants can choose one of the three companies to receive support.


The recruitment announcement can be found on the SEMAS website under notices, and applications are accepted separately by each operating organization. Since applications are accepted on a first-come, first-served basis, the recruitment may close early if the number of applicants exceeds the limit, even before the official deadline.

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Applicants who apply within the deadline will undergo eligibility verification and selection evaluation to be finally chosen. Selected small business owners can receive support for e-commerce commercialization, product diagnosis consulting, and store entry assistance within a maximum government subsidy* limit of 10 million KRW per company. They must match the government subsidy amount with their own funds, making the total project cost up to 20 million KRW, including a 50% self-payment.


SK Planet provides training courses for beginners and advanced learners depending on the e-commerce preparation status, followed by platform linkage and promotional support. WEMAKEPRICE offers e-commerce education and consulting, product development, and sales support according to the applicant's chosen type. Openknowl provides a total e-commerce solution.



Jo Bong-hwan, Director of SEMAS, stated, "Support for e-commerce incubating will be a great opportunity for small business owners preparing for business conversion and re-startup amid the rapid shift to non-face-to-face and online economy due to COVID-19. We hope many will show interest and participate, as professional support for entering e-commerce is available through collaboration with private operators."


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

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