Incheon City and Good Neighbors Join Hands to Support Veterans' Families... Eliminating Blind Spots in Veterans' Welfare

Nationwide First Initiative... Annual 30% Support on Donation Amounts
Benefits Such as Credit Guarantee Fee Reduction for Sponsoring Companies and Small Business Owners

On June 1st, at the 'Veterans Promotion and Sharing Donation Expansion Agreement Ceremony' held in the Empathy Meeting Room of Incheon City Hall, Kim Jung-gon, Secretary General of Good Neighbors, Park Nam-chun, Mayor of Incheon, and Yoo Jeong-hak, Chairman of the Good Neighbors Incheon Headquarters Sponsorship Association (from left), are holding the signed agreement for a commemorative photo.
[Photo by Incheon City]

[Asia Economy Reporter Park Hyesook] Incheon City is taking the lead nationwide by collaborating with relief organizations to address blind spots in support for national veterans and their bereaved families through a sponsorship project.

On the 1st, the city announced that it will promote a Happiness Sharing Participation Activation Project to support national veterans and bereaved families facing financial difficulties by partnering with the global relief organization Good Neighbors and receiving sponsorships from local companies and organizations.

This is the first time Good Neighbors has designated specific beneficiaries and carried out donation activities in cooperation with local governments.

The Good Neighbors Incheon Sponsorship Committee plans to use 30% of the funds donated by companies and organizations annually to provide daily necessities and scholarships to veterans and their families.

The city plans to actively encourage donation activities by offering benefits such as interest differential compensation for small and medium-sized enterprise development funds and credit guarantee fee reductions to small and medium-sized enterprises and small business owners participating in donations.

Currently, among approximately 35,000 national veterans living in Incheon, about 600 are identified as vulnerable groups receiving government assistance.

An official from Incheon City stated, "We consider it very meaningful to be able to walk a valuable path with Good Neighbors in extending a helping hand to families of national veterans facing financial difficulties," and added, "We hope for much interest and participation as companies and organizations involved in sponsorship can both contribute to the promotion of veterans' welfare and receive support benefits."

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