Gwangju Business Foundation "Chase Your Startup Dream at Yangdong Traditional Market"

[Asia Economy Honam Reporting Headquarters Reporter Park Jin-hyung] The Gwangju Economic Employment Promotion Agency is recruiting prospective entrepreneurs to participate in the 'Yangdong Traditional Market Themed Food Core Store Promotion Project' until the 28th.

This project aims to utilize vacant stores within Yangdong Traditional Market to develop specialized foods representing Yangdong Traditional Market and foster flagship food stores.

Applications are open to any prospective entrepreneurs preparing for food service startups. Through document evaluation, 10 teams will be selected in the first round, followed by expert interviews to select 5 teams in the second round, and finally, 2 teams will be chosen through a public audition targeting Yangdong Traditional Market merchants and customers.

Selected teams will receive support worth up to 40 million KRW, including ▲professional consulting, ▲store rent, ▲interior costs such as safety reinforcement, signage, and painting, and ▲store promotion costs using online and offline channels.

A representative from the Economic Employment Promotion Agency stated, “We will actively support the revitalization of the market economy by promoting various types of food culture in Yangdong Traditional Market, which has been struggling due to the prolonged COVID-19 pandemic.”

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