Jeonbuk Province Announces Pilot Project Contest for Sharing Economy Activation

[Jeonju=Asia Economy Honam Reporting Headquarters Reporter Kim Han-ho] Jeonbuk Province is announcing the ‘2022 Jeollabuk-do Sharing Economy Activation Pilot Project’ to solve local community problems through sharing and communication and to revitalize the community.

According to the province on the 31st, this public contest project covers all areas of the sharing economy that can solve economic and cultural issues within the region by utilizing idle spaces or sharing goods and talents, thereby revitalizing the local community.

The application period is from September 1 to September 14, and the eligible applicants are cities, counties, organizations, corporations, and companies within the province that aim to solve regional problems through the sharing economy.

This contest project is divided into two categories: the ‘public type’ led by cities and counties, and the ‘private type’ led by organizations and companies. Organizations and companies wishing to apply for the ‘private type’ project should submit their applications to the sharing economy department of the respective city or county.

Selected cities, counties, or organizations will receive subsidies up to 160 million KRW (with at least 10% self-funding) based on the evaluation results, and after signing an agreement with the respective city or county early next year, the project will be officially launched.

Prior to this, Jeonbuk Province supported a total of 480 million KRW over three years from 2019 to this year for four sites to create shared facilities and cover operating expenses for the sharing economy pilot projects.

Jeonju=Honam Reporting Headquarters Reporter Kim Han-ho stonepeak@asiae.co.kr

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