Sejong City Provides Additional 6.7 Billion KRW in Disaster Relief Funds for Small Business Owners

[Asia Economy (Sejong) Reporter Jeong Il-woong] Sejong City will provide an additional 6.7 billion KRW in disaster relief funds to local small business owners.

The city announced on the 29th that it will use its own budget, including contingency funds, to distribute disaster relief funds to small business owners.

Applications and submissions for the disaster relief funds will be conducted starting today using a 10-day system based on the last digit of the business registration number. Individual notification messages will be sent to eligible recipients, prioritizing online applications.

For those who have difficulty applying online, a submission window will be opened at the Sejong Post Office starting January 7 of next year, where applications can be submitted in person.

Eligible applicants are small business owners in industries that complied with administrative orders such as gathering bans or business restrictions from August 16 of last year to July 6 of this year, or whose sales decreased by 10% or more.

The support amounts are 2 million KRW each for gathering ban industries, 1 million KRW each for business restriction industries, and 500,000 KRW each for small business owners in management crisis (designated sales decline businesses).

The city plans to verify eligibility and proceed with the application process, then sequentially distribute the funds starting January of next year.

For more detailed information regarding the disaster relief fund support, please check the city’s disaster relief fund reception office or announcements on the city hall website.

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