Jeonbuk Province Awards Certificates to Promising Small and Medium Enterprises

Published 29 Oct.2021 14:48(KST)

Certificates and Certification Plaques Awarded to 13 Companies... Various Benefits Granted for the Next 5 Years

Jeonbuk Province Awards Certificates to Promising Small and Medium Enterprises

[Jeonju=Asia Economy Honam Reporting Headquarters Reporter Kim Han-ho] Jeonbuk Province held the ‘2021 Jeollabuk-do Promising Small and Medium Enterprises Certification Ceremony’ on the 29th, awarding certificates and certification plaques to 13 promising SMEs with high growth potential and excellent technological capabilities, the province announced on the 29th.

The selected companies are △Ortech Co., Ltd. (CEO Jeon Jin-woo) △BJEOTECH Co., Ltd. (CEO Kang Wan-seok) △Yean Co., Ltd. (CEO Min Kyung-il) △Cheonha Co., Ltd. (CEO Kang Hee-gon) △Woojin Global Co., Ltd. (CEO Jung Dong-in) △SJ Chem Co., Ltd. (CEO Bae Dong-soo) △Duson Food Co., Ltd. (CEO Koo Sung-gyu) △Durutek Co., Ltd. (CEO Byun Yong-jun) △SM Industry (CEO Moon Sung-gun) △Sambu Co., Ltd. (CEO Jo Gil-bong) △Sejung Industry Co., Ltd. (CEO Lee Myung-ae) △Seonjin Industry Co., Ltd. (CEOs Kim Sang-yong, Park Soon-ja) △Manseon Fishery Cooperative Corporation (CEO Cha Ho-sik).

The selection of promising SMEs was conducted after recruiting applicant companies from August 4 to September 3, followed by an in-depth review by the Small and Medium Enterprise Support Agency Council.

The selected companies will receive support for management stabilization funds with a loan limit of up to 500 million KRW per company (300 million KRW for general companies) at an interest subsidy rate of 3.0% (2.0% for general companies) for five years, along with discounts on guarantee insurance fees and the awarding of certificates and certification plaques.

Additionally, extra points will be granted when participating in Jeollabuk-do’s corporate support projects.

Since its inception in 1999, the Jeollabuk-do Promising SME Selection Project has annually selected 473 companies with high growth potential and excellent technological capabilities through open recruitment. In the past five years, among the 81 selected companies, 68 have received management stabilization fund loans totaling 23.5 billion KRW with a 3% interest subsidy.