Korea Federation of SMEs Selects Winners for SME Statistical Data Utilization Idea Contest

[Asia Economy Reporter Kim Bo-kyung] The Korea Federation of SMEs announced on the 12th that it has selected the winners of the 2nd SME Statistical Data Utilization Policy Idea Contest. The contest was held to discover new policy ideas through linking and combining data by opening public data from the Ministry of SMEs and Startups to the private sector.

In this contest, a total of six proposers (teams) won awards, including one grand prize, two excellence awards, and three encouragement awards. The grand prize, the Minister of SMEs and Startups Award (with a prize of 2 million KRW), was awarded to the team of Yoon Seon-su and Jeon Yoo-ha (2 members, graduates of Hankuk University of Foreign Studies) for their proposal titled "SME Policy Based on the French Model."

Hosted by the Ministry of SMEs and Startups and organized by the Korea Federation of SMEs, this contest, now in its second year, saw participation from 92 teams across various fields including the general public, university (graduate) students, researchers, and office workers. Among the submitted entries, six were finally selected based on data usability, excellence in data analysis, originality, and distinctiveness.

Kang Ji-yong, Head of the Survey and Statistics Department at the Korea Federation of SMEs, stated, "By opening various SME survey and statistical data, we have increased the data usability for the general public and provided an opportunity to encounter innovative policy ideas. We will continue to strive to discover creative proposals through statistical data that reflect the diversity of the SME field."

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