Gyeongnam Jinju-si Selects Second Round Beneficiaries for Small Business Employment Youth Welfare Support Fund
Support Payments Made to 580 Additional Recipients at the End of September
[Asia Economy Yeongnam Reporting Headquarters Reporter Choi Soon-kyung] Jinju City, Gyeongnam Province, announced on the 28th that it has secured additional budget to expand the support targets for the 'Youth Welfare Support Fund for Employment in Small and Medium Enterprises and Small Business Owners,' the first of its kind in the province, and will begin disbursing support funds to the second round of beneficiaries on the 30th.
In July, after reviewing 1,232 applicants, the city selected 500 first-round beneficiaries with the lowest incomes, excluding 158 individuals, and paid a total of 150 million KRW, 300,000 KRW each, as the first installment of welfare support funds in August.
For the 574 individuals who were not selected in the first round, the city will provide the first installment (300,000 KRW per person) on the 30th.
The second installment of the welfare support fund will be paid in early November after verifying eligibility conditions at the time of application. Related documents (Health Insurance Qualification Certificate, Resident Registration Abstract) must be submitted online via the website from October 1 to 15.
Those required to submit documents are recipients of the first installment among the first and second round beneficiaries. Youth workers who have moved to another region or resigned during the program, which are grounds for suspension of support, must submit a program suspension application.
The Youth Welfare Support Fund program provides up to 1.2 million KRW annually in mobile Jinju Sarang Gift Certificates, paid in four installments of 300,000 KRW each quarter.
Hot Picks Today
As Samsung Falters, Chinese DRAM Surges: CXMT Returns to Profit in Just One Year
- "Most Americans Didn't Want This"... Americans Lose 60 Trillion Won to Soaring Fuel Costs
- Man in His 30s Dies After Assaulting Father and Falling from Yongin Apartment
- Samsung Union Member Sparks Controversy With Telegram Post: "Let's Push KOSPI Down to 5,000"
- "Why Make Things Like This?" Foreign Media Highlights Bizarre Phenomenon Spreading in Korea
The Jinju Sarang Gift Certificates provided as support funds can be used at over 1,200 Zero Pay affiliated stores for various purposes such as dining out, beauty services, and book purchases, receiving positive responses from program participants.
© The Asia Business Daily(www.asiae.co.kr). All rights reserved.
