Naju City 'Small Business Daily Recovery Support Fund' Application and Registration

Published 23 Nov.2021 16:21(KST)

[Naju=Asia Economy Honam Reporting Headquarters Reporter Kim Yukbong] Naju City, Jeollanam-do (Mayor Kang In-gyu) announced on the 23rd that it will accept applications for the ‘Small Business Daily Recovery Support Fund’ for one month starting from the 23rd.

The application target is small business operators with annual sales of less than 1 billion KRW who opened their business before June 30, and the support fund of 300,000 KRW per business will be deposited into their accounts.

Manufacturing businesses must have fewer than 10 regular employees, wholesale and retail trade and arts and sports businesses fewer than 5, and accommodation and food service businesses fewer than 5, and must not be in a suspended or closed status as of the application date.

Eligible businesses must submit the application form, business registration certificate, health insurance documents, or small business confirmation certificate to the administrative welfare center at the business location by the 23rd of next month.

General businesses must additionally submit a value-added tax standard certificate, and tax-exempt businesses must submit an income amount certificate.

Non-profit enterprises, organizations, corporations, unincorporated associations, unregistered businesses, suspended or closed businesses, industries excluded from small business policy fund loans, and businesses violating assembly bans or business restriction measures are excluded from receiving the support fund.

A city official said, “We will do our best to promote the support fund and handle applications and reception so that businesses affected by government and local government quarantine measures, such as assembly bans, business restrictions, and general industries with decreased sales, can benefit.”